e-naira – InfoStride News

CBN Unveils Plans to Revamp eNaira for Greater Adoption

Temitope Nlewemchi — Thu, 22 Jan 2026 14:15:55 +0000

The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to revitalise its central bank digital currency (CBDC), the eNaira, with the goal of driving mass adoption, strengthening the country’s digital payment ecosystem, and accelerating the shift toward a cash-lite economy. The initiative, according to the apex bank, will involve a complete overhaul of [...]

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CBN signs up 488,000 eNaira wallets, 78,000 merchants globally

Temitope Nlewemchi — Thu, 18 Nov 2021 20:21:35 +0000

The Central Bank of Nigeria (CBN) has signed up over 488,000 consumer wallets and about 78,000 merchant wallets, with downloads coming from over 160 countries. The statistics, which was obtained from the apex bank by The Guardian at the weekend indicated that almost 17,000 transactions amounting to over N62 million with the average transaction being [...]

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President Buhari set to unveil eNaira on Monday, October 25

Temitope Nlewemchi — Sun, 24 Oct 2021 21:45:11 +0000

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. This is according to a notification by the Central Bank of Nigeria, signed by its Director, Corporate Communications, Osita Nwanisobi, stating that the digital currency will [...]

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E-naira is still accessible on phones without internet connection – CBN

Temitope Nlewemchi — Thu, 21 Oct 2021 00:42:02 +0000

The Central Bank of Nigeria (CBN) says Nigerians will still make transactions on the eNaira platform even without internet enabled mobile devices. The apex bank made this known in a document title ‘Design paper for the eNaira’. According to the apex bank, eNaira was developed based on simplicity and ease of use to ensure that [...]

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Desist from using ‘Enaira’ for any of your products – Company sues CBN

Temitope Nlewemchi — Tue, 28 Sep 2021 19:56:30 +0000

This was disclosed through an information stating : “Infringement of Trademark & Violation of Corporate Name cease and desist Notification to the Central Bank of Nigeria.” The  notice was signed by Olakule Agbebi Esq for Olakule Agbebi & Co . This development comes in shortly after deployment of the Centre Bank Enaira website and days away [...]

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CBN engages Caribbean firm on e-Naira project

Temitope Nlewemchi — Tue, 31 Aug 2021 21:21:33 +0000

The Central Bank of Nigeria (CBN) has engaged a Barbados-based digital financial technology firm, Bitt Inc, as technical partner for its e-Naira project due for unveiling before the end of the year. With operations spreading across the Caribbean, Bitt utilises blockchain and distributed ledger technology to facilitate peer-to-peer (P2P) transactions with mobile money across a [...]

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