HomenewsNigeria Digital Economy

  • eNaira: CBN plans app for persons without bank accounts

    • November 2, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News
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    The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will be rolling out soon.He said the present version of the eNaira app could only be used by people with bank accounts. Bitt Inc. is the Central Bank of Nigeria’s technical partner for the digital currency,

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  • eNaira: 33 banks join platform as CBN mints 500m, transactions free of charges for 90 days

    • October 25, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News
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    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and it has minted N500 million worth of digital currency, even as the apex bank informed that all transactions conducted on these platforms, will be free for 90 days. Ememfiele said this at a ceremony

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  • FG to launch eNaira Monday, says CBN

    • October 23, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News
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    President, Muhammadu Buhari will officially launch the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the State House, Abuja. The Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Saturday titled ‘President Buhari to unveil eNaira on Monday, 25 October 2021.’ It stated that the launch of the

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  • 2021 NAIPCO Annual Conference Holds In Lagos October 14.

    • September 13, 2021
    • Posted by: admin
    • Category: Economy, Insurance & Pensions, Latest News, Marine & Aviation
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    The National Association of Insurance and Pension Correspondents (NAIPCO) has concluded plans to hold its 2021 annual conference in Lagos on Thursday, October 14th, 2021 With the theme; ‘COVID-19 Impact On Financial Inclusion; Opportunities For Insurance and Pension Sectors,’ the conference,  will hold at Oriental Hotel, Lekki Road, Lagos. According to the Chairman, 2021 NAIPCO

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  • 5G: Senate imposes N350bn revenue target on NCC

    • September 12, 2021
    • Posted by: admin
    • Category: Digital Economy, Latest News
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    The Senate has asked the Nigerian Communications Commission to take the advantage of the National Policy for Fifth Generation network, to generate N350bn for the Federal Government in the 2022 fiscal year. This was the verdict of the Senate joint committees working on the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper, when the

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  • Naira hits all-time low of 543 against Dollar.

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy
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    The naira on Thursday continued its downward spiral on the parallel market, selling for N543 to the dollar on Thursday. While bureau de change operators in Abuja bought dollar at N540, it was sold for N543. The British Pound was also sold for £1/N740. The development comes 44 days after the Central Bank of Nigeria

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  • FG May Soon deploy 5G Networks In Nigeria.

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Latest News
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    Indications emerged in Abuja yesterday that the Federal Government may soon deploy the much awaited 5G networks into the Nigeria Digital Economy. Already, the Federal Government has approved a national policy on 5G networks for Nigeria’s digital economy. This was following a presentation by the Minister of Communications and Digital Economy, Isa Pantami, during a

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