Things You Should Know About the CBN’s E-Naira The Central Bank of Nigeria had earlier announced that the launch of the digital currency, eNaira, would hold on October 1 but postponed the launch due to lined up events for Nigeria’s 61st independence anniversary. However, before the launch, Nigeria’s digital currency website, eNaira, went live […]
Nigeria Inflation Rate Drops Further To 17.01% in August, A fifth consecutive Decline Nigeria inflation rate has dropped by 0.37% to 17.01% (year-on-year) in August 2021, from the 17.38% prior reported in July. This information is according to the “consumer price index report” as published by the National Bureau of Statistics. NBS. According to NBS, […]
The Central Bank of Nigeria has categorically denied and strongly condemned peddlers of rumors on domiciliary account holdings stating that it has no plans in converting domiciliary accounts to Naira. In a press release by the apex bank, titled CBN Categorically Denies and Strongly Condemns Peddlers of, Rumor on Domiciliary Account Holdings the CBN said […]