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Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience

Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User ExperienceMore than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to help the central bank implement a system which gives it greater control of the digital currency. One expert said the central […]

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Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

Nigeria CBDC Countdown: Central Bank Delays E-Naira RolloutA spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours before the CBN was scheduled to launch the digital currency. Launch Date Clashes With Nigeria’s Day […]

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E-Naira Countdown: Nigerian Experts Question Selection of Bitt Inc as Central Bank’s Fintech Partner

E-Naira Countdown: Nigerian Experts Question Selection of Bitt Inc as Central Bank’s Fintech PartnerNigerian fintech entrepreneurs have slammed the Central Bank of Nigeria (CBN)’s decision to select Bitt Inc as its fintech partner. They insist that the choice of Bitt Inc, a Barbados based firm, undermines central bank claims that it is “fighting for the naira in the forex market.” Bitt Inc’s Market Capitalization In fact, as the […]

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Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project

Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC ProjectThe Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is expected to use its “technological competence and implementation experience” to help the CBN successfully launch the central bank digital currency (CBDC). E-Naira Draft Guidelines The […]

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