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IMF: eNaira, others may reduce power needs for digital payments

Central Bank Digital Currency (CBDC), such as the eNaira, have the potential to reduce the power needs for digital payments and may even be more energy efficient than the credit card networks now widely used, the International Monetary Fund (IMF) has said. The Fund, which stated this in a new blog post written by three […]

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AfCFTA: Adoption of eNaira as driving force

Recently, Nigeria adopted the Central Bank’s Digital Currency (CBDC) otherwise known as eNaira in supporting blockchain technology innovation. For the feat, the Manufacturers Association of Nigeria (MAN) and other private sector operators agree that the digital currency is needed to play a role in trade and exchange during AfCFTA implementation. TAIWO HASSAN reports The African […]

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eNaira wallet back on Playstore after 24 hours

The eNaira wallet has returned to Google Playstore after Wednesday’s disappearance. The version of the app on Google Playstore for Android users went missing 48 hours after its launch on Wednesday, October 27. The Central Bank of Nigeria had earlier explained that the sudden disappearance of the new app was due to necessary updates. Director […]

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