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ECONOMY-FINANCE

E-Naira Seems To Be Good For The Government, But Does It Hold The Same Promises For The Citizens?

President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja. Reports indicates that the launch of the eNaira is a culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of the payments system to make financial transactions easier and seamless for every stratum of society.

  1 month ago ago
E-Naira Seems To Be Good For The Government, But Does It Hold The Same Promises For The Citizens?

ECONOMY-FINANCE

ENaira Can End Kidnapping, Bulk Cash In Banks Should Be Abolished - Former SSA To Edo State Gov

A former Senior Special Assistant to Governor Godwin Obaseki of Edo State on New Media, Jack Obinyan has revealed one of the gains he thinks the newly introduced eNaira will bring to Nigeria and Nigerians. According to him, the electronic/digital Naira can end Kidnapping in the country.

  1 month ago ago
ENaira Can End Kidnapping, Bulk Cash In Banks Should Be Abolished - Former SSA To Edo State Gov

ECONOMY-FINANCE

Nigerians Don't Need eNaira, What They Need Is eSecurity, eJob & eSchool - Reno Says

The former special assistant to former president Goodluck Jonathan, Reno Omokri has once again spoken. According to a recent tweet he made on his verified twitter handle, the former presidential spokesperson stated it clearly that as it stands now, Nigerians do not need the unnecessary eNaira that was launched yesterday by President Muhammadu Buhari.

  1 month ago ago
Nigerians Don't Need eNaira, What They Need Is eSecurity, eJob & eSchool - Reno Says

ECONOMY-FINANCE

What You Should Expect From The eNaira That President Buhari Is Set To Launch On Monday October 25th

On Monday, President Muhammadu Buhari will launch the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira. The Central Bank of Nigeria had launched the eNaira website in September, and had said that the eNaira will provide a unique form of money that is denominated in Naira.

  1 month ago ago
What You Should Expect From The eNaira That President Buhari Is Set To Launch On Monday October 25th

ECONOMY-FINANCE

[Opinions] Why bitcoin and eNaira launched by PMB work in Nigeria despite differences

Despite their differences, both Bitcoin and eNaira can run in the Nigerian market according to Natalie Hartman, the Vice President, Marketing, of Bitt Inc, the company that build eNaira for the country. Photo Credit: Google President Muhammadu Buhari launched the country's new digital eNaira currency on Monday as Africa's biggest economy glimpsed to tap into the growing vogue of virtual money and cryptocurrencies.

  1 month ago ago
[Opinions] Why bitcoin and eNaira launched by PMB work in Nigeria despite differences

ECONOMY-FINANCE

Other things you need to know about Nigerian Central Bank Digital Currency known as the eNaira

It's no longer news that President Muhammadu Buhari has launched the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, and the application for the digital currency introduced by the CBN is available for download. However, in this article are other things you need to know about the digital currency.

  1 month ago ago
Other things you need to know about Nigerian Central Bank Digital Currency known as the eNaira

ECONOMY-FINANCE

At eNaira launch, Pres Buhari Says e-Currency Will Boost Nigeria’s GDP by $29 Billion In 10 years

AT OFFICIAL LAUNCH OF eNAIRA, PRESIDENT BUHARI SAYS DIGITAL CURRENCY WILL BOOST NIGERIA'S GDP BY $29BILLION IN 10 YEARS The adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called block chain, can increase Nigeria’s GDP by $29billion over the next 10 years, President Muhammadu Buhari said Monday in Abuja at the official launch of the eNaira.

  1 month ago ago
At eNaira launch, Pres Buhari Says e-Currency Will Boost Nigeria’s GDP by $29 Billion In 10 years

ECONOMY-FINANCE

Interesting reactions trail launch of e-Naira app

Reactions have trailed the launch of eNaira, a digital currency 'unveiled' by the Federal Government of Nigeria. The plan to make available this digital currency was announced weeks ago, following the ban on cryptocurrency in Nigeria. Some of the reaction to this launch are as follows:

  1 month ago ago
Interesting reactions trail launch of e-Naira app

ECONOMY-FINANCE

ENaira: 33 Banks Join Platform As CBN Mints 500M

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and the apex bank has minted N500 million worth of digital currency. Ememfiele made the remarks at a ceremony at the presidential palace on Monday to launch Nigeria's Central Bank Digital Currency, stating that the site had seen a surge in users.

  1 month ago ago
ENaira: 33 Banks Join Platform As CBN Mints 500M

ECONOMY-FINANCE

10 things to know about Nigeria's first digital currency.

The president Mohammadu Buhari has today being Monday 25th, October 2021, launched Nigeria's first digital currency. The unveiling of the currency took place in the state house with some government functionaries. The governor of the central bank of Nigeria (CBN) Godwin Emefiele mentioned that about 33 bank are well informed and are connected live.

  1 month ago ago
10 things to know about Nigeria's first digital currency.

ECONOMY-FINANCE

Nigeria unveils her Digital Currency, eNaira

The President of The Federal Republic of Nigeria, Muhammadu Buhari on Monday, 25th, October, 2021 unveils the Nigeria’s central bank digital currency (CBDC) the eNaira. The Official launch took place at the State House in Abuja. The eNaira which was originally scheduled for launch on 1st of October but was delayed in deference to the 61st anniversary of Nigerian independence was designed to complement Nigeria’s physical currency, and not replace it.

  1 month ago ago
Nigeria unveils her Digital Currency, eNaira

ECONOMY-FINANCE

"Digital Currency Will Boost GDP By $29bn In 10 Years" Buhari Express His Optimism At eNAIRA Launch

According to PUNCH NEWS", President Muhammadu Buhari, said digital currency and its underlying technology, called 'Block chain' can increase Nigeria's GDP by $29 billion over the next 10 years. Speaking while unveiling eNaira on Monday in Abuja, President Buhari, said Nigeria's digital currency will help more people, and, businesses from the informal into the sector, thereby increasing the tax base of the country.

  1 month ago ago

ECONOMY-FINANCE

Digital Will Boost Nigeria's GDP By $29bn in 10yrs

The adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called block chain, can increase Nigeria’s GDP by $29billion over the next 10 years, President Muhammadu Buhari said Monday in Abuja at the official launch of the eNaira. The President also declared that the introduction of the eNaira would enable the government to send direct payments to citizens eligible for specific welfare programmes as well as foster cross border trade.

  1 month ago ago
Digital Will Boost Nigeria's GDP By $29bn in 10yrs

ECONOMY-FINANCE

E-Naira Will Open New World Of Innovations.

eNaira Will Open New World Of Innovations – Experts. A photo collage of the CBN building and eNaira logo. A fintech expert, Ayowande Adaelemo has described the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, as a game-changer that will open a new world of innovations.

  1 month ago ago
E-Naira Will Open New World Of Innovations.

ECONOMY-FINANCE

The Central Bank of Nigeria has finally launched its Digital Currency called eNaira

News source: punching.com Photo credit: Punch The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. According to a statement issued on the eNaira website, the organisers explained the overall function and benefit of the currency and its value to Nigeria’s economy.

  1 month ago ago
The Central Bank of Nigeria has finally launched its Digital Currency called eNaira

ECONOMY-FINANCE

All you need to Know about e-Naira

On 25th of October 2021, President Muhammadu Buhari officially launch the Central Bank Digital Currency ( CBDCs) called eNaira. The journey to create a Digital Currency for the country started in 2017 as a result of global trend to create digital currencies. It is believed that the emergence of eNaira I'm the country will impact individuals and sectors of our economy with the following great benefits:

  1 month ago ago
All you need to Know about e-Naira

POLITICS

Buhari Lunches eNaira

The President, Major General Muhammadu Buhari (retd. ), on Monday, dispatched the eNaira Platform The eNaira is a culmination of quite a while of research work by the Central Bank of Nigeria in advancing the limits of payment system in order to make financial transactions simpler and consistent for every stratum of society.

  1 month ago ago
Buhari Lunches eNaira

ECONOMY-FINANCE

President Buhari unveils Nigeria digital currency, eNaira.

President Muhammadu Buhari, has unveiled the Nigeria digital currency, called eNaira. The president unveiled the Central Bank Digital Currency (CBDC), on Monday, October 25. The event was attended by the vice president, Yemi Osinbajo, the Governor of Central Bank of Nigeria, Godwin Emefiele, Attorney General of the Federation, Abubakar Malami, and many others.

  1 month ago ago
President Buhari unveils Nigeria digital currency, eNaira.

ECONOMY-FINANCE

President Buhari is expected to officially launch the e-Naira tomorrow

The President of The Federal Republic of Nigeria, Muhammadu Buhari is expected to launch the e-currency tomorrow at the Presidential Villa, in Abuja.  It was contained in a statement by the Central Bank of Nigeria (CBN) on the 23rd, October, 2021 that the launch of the eNaira is a sign of the attainment of glory after several years of research work by the Apex Bank in advancing the boundaries of payments system in order to make financial transactions easier and seamless for every sector in the Nation.

  1 month ago ago
President Buhari is expected to officially launch the e-Naira tomorrow

ECONOMY-FINANCE

"ENaira will boost Nigeria’s GDP by 29billion dollars in next 10 years" – Buhari

President Muhammadu Buhari has reportedly disclosed that, the adoption of the Central Bank Digital Currency (CBDC) known as eNaira, can increase Nigeria’s Gross Domestic Product (GDP), by 29 billion dollars in the next 10 years. According to him, the introduction of the eNaira would enable the government send direct payments to citizens eligible for specific welfare programmes as well as foster cross border trade.

  1 month ago ago