Tag Archives: e-Naira

Aliko Dangote University of Science and Technology, Wudil, Kano, is to adopt the newly introduced e-naira for the payment of tuition in the higher institution. Shortly after accepting the initiative, the Vice Chancellor, Professor Musa Tukur Yakasai, assured that he will implement the policy after consultation with the state government. …

The Central Bank of Nigeria says the e-naira which is set to be launched on October 1 is a legal tender equal to the value of the naira and thus must be accepted as a form of payment by all merchants and business outlets. The CBN Director, Payment System Management, …

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc, as the Technical Partner for its digital currency, named eNaira, which is due to be unveiled later in the year. This development was disclosed in Abuja by the Governor of the Central …

The Central Bank of Nigeria recently sent a presentation to Nigerian banks about the e-Naira project, revealing more details about its design and operational module. As reported, the presentation described how the new currency would be designed and operated. In fact, the report states that the e-Naira is a legal …

Central Bank of Nigeria (CBN) has described the e-Naira, Nigeria’s proposed digital currency as a critical national infrastructure, a term used by governments to describe assets that are essential for the functioning of a society and economy. Such critical infrastructure, civil nuclear, communications, defence and so on are protected to …