News, Uncategorized

CBN SAYS eNAIRA IS MORE RELIABLE THAN CRYPTOCURRENCY

The Central Bank of Nigeria (CBN) has urged all Nigerians to embrace the eNaira saying that it is more reliable than cryptocurrencies.This was disclosed by CBN spokesman, Mr Nnamdi Okwuosa at the CBN Fair, with the theme, ‘Promoting financial stability and economic development.’ DCO Global News Published on November 3, 2021 By Odoh Dominic ChukwuemekaThe… Continue reading CBN SAYS eNAIRA IS MORE RELIABLE THAN CRYPTOCURRENCY

News

eNAIRA SPEED WALLET RETURNS TO GOOGLE STORE 24 HOURS AFTER DISAPPEARANCE

The eNaira Speed Wallet app is back on Google Store 24 hours after its disappearance.Recall that yesterday, the app went missing on Google Store after its launch on Monday. The app had met with criticism as users struggled to link their emails and BVNs.DCO Global News Published on October 28, 2021 By Odoh Dominic ChukwuemekaBefore… Continue reading eNAIRA SPEED WALLET RETURNS TO GOOGLE STORE 24 HOURS AFTER DISAPPEARANCE

News

CBN WARNS NIGERIANS ABOUT FAKE eNAIRA SOCIAL MEDIA HANDLES

The Central Bank of Nigeria’s attention has been drawn to criminal and unlawful acts by some persons, as well as a phoney Twitter handle, @enaira_cbdc, purported to belong to the Bank.This was disclosed in a circular titled “Beware of Fraudsters, Fake eNaira Social Media Handles” signed by Osita Nwanisobi Director, Corporate Communications.DCO Global News Published… Continue reading CBN WARNS NIGERIANS ABOUT FAKE eNAIRA SOCIAL MEDIA HANDLES

News

CBN’S E-NAIRA TO GROW NIGERIA’S GDP BY $29BN IN 10YRS — SAYS BUHARI

President Muhammadu Buhari says the adoption of Central Bank Digital Currency(CBDC) can increase Nigeria’s Gross Domestic Product(GDP) by 29 billion dollars over the next 10 years.Buhari made this submission on Monday while performing the formal Unveiling of Central Bank of Nigeria (CBN) Digital Currency, eNaira at the Presidential Villa, Abuja.DCO Global News Published on October… Continue reading CBN’S E-NAIRA TO GROW NIGERIA’S GDP BY $29BN IN 10YRS — SAYS BUHARI

News

BREAKING NEWS: NIGERIAN COURT UNFREEZES ACCOUNTS BLOCKED FOR CRYPTOCURRENCY TRADING IN BIG WIN FOR TRADERS

...The law is trite that any conduct that must be sanctioned must be expressly stated in a written law.A Federal High Court sitting in Abuja on Monday vacated an interim order which directed the Central Bank of Nigeria (CBN) to freeze accounts of two firms in two banks that were linked to cryptocurrency trading.The firm,… Continue reading BREAKING NEWS: NIGERIAN COURT UNFREEZES ACCOUNTS BLOCKED FOR CRYPTOCURRENCY TRADING IN BIG WIN FOR TRADERS