CBDC

eNaira Will Increase Nigeria’s GDP By $29bn – Buhari

Oct 26, 2021. by Ekohot Editor

The e-Naira shall be administered by the zCBN through the Digital Currency Management System (DCMS) to mint and issue e-Naira EKO HOT BLOG reports that President Muhammadu Buhari has said eNaira, Nigeria’s new digital currency, will increase the country’s Gross Domestic Product (GDP) by $29 billion over the next decade. The President disclosed this on … Read more

Digital Currency: CBN Set Date To Officially Launch E-Naira

Sep 23, 2021. by Ekohot Editor

Central Bank of Nigeria (CBN) set to launch the e-naira, a Central Bank Digital Currency (CBDC) on October 1. The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed discloed this to newsmen on Wednesday via webinar, themed “Digital currency and the prospects of CBDC in Nigeria”, organised by the committee of e-Business … Read more