Tag "central bank digital currency (CBDC)"

Clickatell Enables Nigerians to Access eNaira Services Even Without Mobile Data

Chat commerce platform Clickatell has partnered with the Central Bank of Nigeria (CBN) to launch a USSD channel for the eNaira to enable Nigerians to access their eNaira wallet without the need for mobile data. The new USSD channel allows

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Flutterwave Merchants Can Now Accept Payments in Digital Currency eNaira

Flutterwave merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria. The self-service payment method is available to all Flutterwave merchants who want to collect Nigerian Naira (NGN) from customers

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Nigeria Top Retail Central Bank Digital Currency Leaderboard

PwC’s 2022 Global CBDC Index and Stablecoin Overview has ranked Nigeria at the top of the retail leaderboard, recognizing the work done by the Central Bank of Nigeria (CBN) in developing and deploying the eNaira, a digital form of the

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Why Are 80% of Central Banks Looking into Digital Currencies?

In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot

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