Business

BREAKING: Buhari Launches CBN’s E-naira

todayOctober 25, 2021 10

share close

President Muhammadu Buhari will unveil the Central Bank Digital Currency (CBDC), known as the eNaira, today at the State House, Abuja.

The Central Bank of Nigeria (CBN) had in February barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies, warning of “severe regulatory sanctions” and freezing accounts of firms it said are using them.

CBN Governor Godwin Emefiele has said the eNaira would operate as a wallet against which customers could hold funds in their bank account.

Written by: administrator

Rate it

Previous post

National

Nigerian politics is really complicated- Rev. Oye

The Founder and Lead Pastor of The Transforming Church, Rev. Sam Oye, on Wednesday said that many Christians in Nigeria underate the nature of Nigerian politics. Rev. Oye said the lack of complete  of unity among the Christian community in Nigeria, specifically the Christian Association of Nigeria and the Pentecostal Fellowship of Nigeria may frustrate efforts to put up a common front at the 2023 elections. “We underestimate the nature […]

todayOctober 21, 2021 2

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *


0%