News

Nigeria launchs digital currency dubbed eNaira

President Muhammadu Buhari yesterday launched the Central Bank Digital Currency (CBDC), also known as eNaira, in Abuja. Buhari said during the launch of the digital currency that with the introduction...

Facebook,WhatsApp and Instagram users in panic worldwide as platforms go down

Facebook, Instagram and WhatsApp are all currently unavailable to users worldwide, causing widespread panic for their millions of users globally. We’re getting error warnings on all three services in ...

Nigerians to start Downloading E-naira Wallets as Central Bank launches digital currency October 1st

The Central Bank of Nigeria (CBN) has said that Nigerians can begin to download e-naira wallets on their phones from October 1. The Director, Payment System Management, at the CBN Mr. Musa Jimoh, said...

Chinese banks to begin operations in Nigeria

Talks between the Chinese government and Nigeria are underway for the establishment of Chinese banks in Nigeria. Both parties hope that this will facilitate trade relations between the two nations. Th...

Former CBN Deputy Gov and social critic Mailafia Obadiah is dead

Former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia is reportedly dead. Recall that Mr Obadiah was in the news in recent times for claiming that some top government offic...