Tag Archives: nigeria

What the eNaira is for and why it’s not perfect Nigeria recently became the first African country to introduce a digital currency. It joins the Bahamas and the Eastern Caribbean Central Bank in being among the first jurisdictions in the world to roll out national digital currencies. The Conversation Africa’s …

Abuja, Nigeria | Xinhua | Nigerian President Muhammadu Buhari on Monday launched the eNaira, the country’s central bank digital currency (CBDC), becoming the first African nation to introduce an official digital currency. With the launch of the eNaira in Abuja, Buhari noted Nigeria is also one of the earliest in the …

Abuja, Nigeria | Xinhua |  Nigerian government has said it will compel federal civil servants to show proof of vaccination against COVID-19 before gaining access to their offices from Dec. 1. The move was to encourage the vaccination rate across the country, said Boss Mustapha, the secretary to the government …

  Abuja, Nigeria | Xinhua | Nigerian government has said it will compel federal civil servants to show proof of vaccination against COVID-19 before gaining access to their offices from Dec. 1. The move was to encourage the vaccination rate across the country, said Boss Mustapha, the secretary to the government …

Abuja, Nigeria | Xinhua | Nigerian President Muhammadu Buhari on Friday said he had directed that the ban of Twitter’s operations in the country be lifted, but only if the California-based microblogging giant meets certain conditions given by the government. In an Independence Day broadcast to mark Nigeria’s 61st independence anniversary, …

Abuja, Nigeria | Xinhua | Nigeria’s apex bank has said it is postponing the proposed launch of the country’s digital currency, e-Naira, to an unspecified date. In a statement late Thursday, the Central Bank of Nigeria (CBN) said the delay was due to other activities lined up to commemorate the …

Lagos, Nigeria | Xinhua | The International Organization for Migration (IOM) is set to launch a new project in Nigeria to protect victims of trafficking as well as smuggled migrants while they are in transit. The project, scheduled to be launched in Abuja, Nigeria’s capital on Tuesday, seeks to provide assistance …

Nairobi-based lender M-KOPA is expanding into the Nigerian market, and have hired an ex-Andela executive for the job | DAVID THOMAS | Kenya’s M-KOPA, which offers underbanked customers finance to acquire solar lighting, smartphones, TVs and domestic appliances, is expanding into Nigeria after a successful pilot project. M-KOPA, which means …

Lagos, Nigeria | Xinhua | An outbreak of Cholera has killed 325 people in 15 states and the capital of Nigeria between January and June of this year, the Nigeria Center for Disease Control (NCDC) said in a report on Saturday. In an update of the Cholera outbreak in Nigeria, …

Lagos, Nigeria | XINHUA | At least 88 people were killed and scores of others wounded following attacks by bandits in Nigeria’s northwestern state of Kebbi, local police confirmed on Saturday. The bandits unleashed terror on eight different communities in the Danko-Wasagu local government area of the state on Thursday, Nafi’u …