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3232CBDC Could Increase Nigeria’s GDP by $29 Billion in 10 Years: President Buhari
https://www.digit.info/cbdc-could-increase-nigerias-gdp-by-29-billion-in-10-years-president-buhari/
Thu, 28 Oct 2021 10:30:12 +0000https://www.digit.info/2021/10/28/cbdc-could-increase-nigerias-gdp-by-29-billion-in-10-years-president-buhari/Read more]]>The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CBDC President Buhari made bold remarks in his speech at Monday’s launch of the e-naira CBDC, […]
]]>Nigerian President Muhammadu Buhari to Unveil Country’s CBDC
https://www.digit.info/nigerian-president-muhammadu-buhari-to-unveil-countrys-cbdc/
Mon, 25 Oct 2021 03:30:02 +0000https://www.digit.info/2021/10/25/nigerian-president-muhammadu-buhari-to-unveil-countrys-cbdc/Read more]]>The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event marking the e-naira’s launch will be held at the Buhari’s official residence. After the […]
]]>Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
https://www.digit.info/nigerian-central-bank-says-it-is-now-ready-to-launch-cbdc-downplays-previous-failure/
Sat, 23 Oct 2021 04:30:13 +0000https://www.digit.info/2021/10/23/nigerian-central-bank-says-it-is-now-ready-to-launch-cbdc-downplays-previous-failure/Read more]]>After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says it is now ready to launch Nigeria’s CBDC. CBN Prioritizes […]
]]>Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
https://www.digit.info/nigeria-central-bank-governor-says-cbdc-launch-just-a-couple-of-days-away/
Sun, 10 Oct 2021 10:00:23 +0000https://www.digit.info/2021/10/10/nigeria-central-bank-governor-says-cbdc-launch-just-a-couple-of-days-away/Read more]]>The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the e-naira will be the first of its kind in Africa. Nigeria to Launch CBDC […]
]]>Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
https://www.digit.info/nigerians-optimistic-cbdc-will-improve-payments-and-help-promote-cryptocurrencies/
Thu, 07 Oct 2021 12:30:00 +0000https://www.digit.info/2021/10/07/nigerians-optimistic-cbdc-will-improve-payments-and-help-promote-cryptocurrencies/Read more]]>Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border payments and make it “easier for the naira to be widely used and accepted.” E-Naira Launch a Boon for Cryptos In fact, according to a VOA report, some Nigerian blockchain experts like Janet Kaatyo believe […]
]]>Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
https://www.digit.info/nigerian-court-paves-way-for-cbdc-rollout-suggests-plaintiff-may-be-adequately-compensated/
Tue, 05 Oct 2021 10:30:10 +0000https://www.digit.info/2021/10/05/nigerian-court-paves-way-for-cbdc-rollout-suggests-plaintiff-may-be-adequately-compensated/Read more]]>The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency. CBN’s Alleged Trademark Infringement […]