This move follows the country’s decision to ban several crypto exchange websites amid the rapid devaluation of the naira.

Nigeria's government has put a non-legally binding ban on access to cryptocurrency exchanges.

Since the new exchange rate kicked in, Nigeria’s national currency has fallen to a record low, leading people to find payment alternatives through crypto.

In the latest developments on eNaira, the central bank of Nigeria (CBN) has intensified efforts to push the adoption of eNaira, Nigeria's CBDC, on a nationwide scale.

Cash scarcity in Nigeria is crippling local businesses and taking a toll on Nigerians’ daily lives but even amidst all the social chaos the Central Bank Digital Currency, eNaira, isn’t going anywhere.

The Central Bank of Nigeria has slightly eased the cash withdrawal limits policy announced earlier. Nigeria is still on route to a full non-cash economy

The Central Bank of Nigeria (CBN) issued a new cash withdrawal limit policy with effect from January 9, 2023, to push eNaira.

The Central Bank of Nigeria (CBN) has granted Flutterwave, a switching and processing license for electronic payments, as the firm seeks to extend its services across the African country. Flutterwave made a significant effort to streamline adoption of eNaira