eNaira: Three years after, Nigeria’s digital currency struggles to be adopted

%BlogLink% %FearturedImage% %PostLink% By Quadri Adejumo In October 2021, Nigeria became the first African country and the second universally to launch a Central Bank Digital Currency (CBDC), the eNaira. Unlike cryptocurrencies, the eNaira’s value is fixed by the Central Bank of Nigeria (CBN) and is equivalent to the country’s fiat currency. The goal of this move was to […] The post %PostLink% first appeared on %BlogLink% and is written by %AuthorLink%

‘Osimhen is a trojan horse for Super Eagles’ – Sports Minister

solacebase.com - 30/Jun 08:57

%BlogLink% %FearturedImage% %PostLink% Nigeria’s sports minister, John Enoh has described Napoli and Super Eagles striker, Victor Osimhen as a real...

CBN issues new guidelines for foreign currency deposit

solacebase.com - 28/Jun 23:19

%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN) has issued fresh guidelines on foreign currency deposits by deposit money...

Central Bank policy reduces inflation as reforms attract $24bn inflow – Cardoso

solacebase.com - 26/Jun 06:08

%BlogLink% %FearturedImage% %PostLink% The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the institution policy measures are about to...

Court orders Emefiele forfeit $1.4m forex bribes to FG

solacebase.com - 26/Jun 05:03

%BlogLink% %FearturedImage% %PostLink% Justice Ayokunle Faji of the Federal High Court, sitting in Lagos has ordered the final forfeiture of the sum...

Top 10 football players from Northern Nigeria

solacebase.com - 28/Jun 07:13

%BlogLink% %FearturedImage% %PostLink% By Quadri Adejumo Football reigns supreme in northern Nigeria, with the region renowned for producing some of...

EDITORIAL: Who will rescue Northern Nigeria monarchs from dethronement?

solacebase.com - 30/Jun 08:37

%BlogLink% %FearturedImage% %PostLink% Four years after he was dethroned by ex-Governor Abdullahi Ganduje through a unanimous vote of the Kano...

First Bank confirms appointment of Alebiosu as MD

solacebase.com - 20/Jun 09:21

%BlogLink% %FearturedImage% %PostLink% FBN Holdings Plc has confirmed the appointment of Mr Olusegun Alebiosu as substantive Managing Director/Chief...

Shehu Sani to Tinubu: ‘Don’t repeat Buhari’s nepotism’

solacebase.com - 01/Jul 07:28

%BlogLink% %FearturedImage% %PostLink% Ex-Kaduna Central Senator, Shehu Sani, has urged President Bola Tinubu against repeating the mistake of his...

Emirate Tussle: Court adjourns ruling for few hours

solacebase.com - 20/Jun 12:15

%BlogLink% %FearturedImage% %PostLink% A Federal High Court in Kano has adjourned its ruling on the Council Repeal Law 2024 to 2pm, on Thursday. The...

Tinubu to NDLEA: ‘End drug abuse, trafficking in Nigeria’

solacebase.com - 27/Jun 06:17

%BlogLink% %FearturedImage% %PostLink% President Bola Tinubu has called on the National Drug Law Enforcement Agency to double its efforts in the fight...

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