CBN new policy

Form M Explained: What it is, Download and Registration

With the persistent FX scarcity plaguing Nigeria, and the security challenges the country is facing, the government is taking several measures aimed at controlling both the exchange rate as well as items coming into the country. Just like the CBN uses Form A to directly sell FX to Nigerian travellers going out of the country …

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eNaira: CBN Postpones Launch Of Digital Currency Indefinitely

The Central Bank of Nigeria (CBN) has postponed the official launch of its controversial digital currency, the eNaira. According to the CBN spokesperson, Mr Osita Nwanisobi, the decision to postpone the unveiling of the E-naira, scheduled for October the 1st, was made to avoid any distractions from the country’s 61st Independence Day celebration. Nevertheless, the …

eNaira: CBN Postpones Launch Of Digital Currency Indefinitely Read More »

eNaira: CBN Postpones Launch Of Digital Currency Indefinitely

The Central Bank of Nigeria (CBN) has postponed the official launch of its controversial digital currency, the eNaira. According to the CBN spokesperson, Mr Osita Nwanisobi, the decision to postpone the unveiling of the E-naira, scheduled for October the 1st, was made to avoid any distractions from the country’s 61st Independence Day celebration. Nevertheless, the …

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