In March, Gluwa announced its partnership with the Central Bank of Nigeria (CBN) through the signing of a Memorandum of Understanding (MoU). This strategic collaboration aims to formalize Gluwa as a Partner Agent and bolster the adoption of Nigeria’s Central Bank Digital…
Nigeria’s central bank digital currency (CBDC), the eNaira, doesn’t pose a threat to the country’s financial stability, the central bank says.
Two weeks ago, the Central Bank of Nigeria (CBN) published a report on the eNaira and its impact on financial stability, monetary…
Nigeria has experienced a cash shortage, leading to the surge in popularity of eNaria, the country's digital currency. The head of the Central Bank of Nigeria (CBN) reported a 63% increase in eNaria transactions to 22 billion naira ($47.7 million), and 13…