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Nigerian CBDC Still Not Widely Used a Year After Launch

Nigerian CBDC Still Not Widely Used a Year After LaunchOn October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at boosting the use of the CBDC, the central bank is offering a 5% discount to motorized rickshaw drivers and passengers that use the e-naira. Kingsley […]

Binance develops algorithm to combat address poisoning scams

Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added

Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be AddedThe Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means people without bank accounts will be able […]

Binance develops algorithm to combat address poisoning scams