Business Headlines

CBN cautions Nigerians over emergence of fake eNaira platforms

Ihesiulo Grace 28 October 2021 0

MOTOLANI OSENI The Central Bank of Nigeria (CBN) has cautioned Nigerians against falling prey to the ploys of fraudsters, as the fake eNaira platforms have flooded the online space, following the launch of the digital currency on Monday. In fact, WhatsApp messages had begun circulating a day

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eNaira, BVN, TSA, NIN should give investors comfort -Buhari

Ihesiulo Grace 27 October 2021 0

*Says FG’ll keep encouraging public, private initiatives that increase investments in health, education, others President Muhammadu Buhari, on Tuesday, said initiatives to drive the digital economy and fight corruption in the country should give investors comfort. Among the initiatives mentioned by the president are e-Naira, Treasury Single Account, Bank Verification

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eNaira to grow Nigeria’s GDP by $29bn in 10yrs—Buhari

Ihesiulo Grace 26 October 2021 0

*Says benefits of the digital currency cuts across different sectors of the economy *eNaira is equivalent to physical currency -Emefiele *Apex bank releases guidelines for digital currency Philip Clement, Abuja President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC), eNaira, can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion

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eNaira: CBN issues guidelines, pegs daily transaction limit at N1m

Ihesiulo Grace 31 August 2021 0

*Selects technical partner for digital currency project TEMITOPE ADEBAYO The Central Bank of Nigeria (CBN) has issued drafted guidelines for the eNaira to Nigerian banks, highlighting the daily transaction limit of N50, 000, N200, 000 and N1 million for the consumer wallet tiers 1, 2 and 3 respectively, and N1 million transaction limit for the […]