Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (FMI) y el Banco Mundial (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial

Reporte: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, sobre 90% of this total was reportedly used

Prestamistas nigerianos frustran la adopción de CBDC: gobernador del banco central

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a

Reporte: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

The Central Bank of Nigeria (CBN)’s attempt to incentivize the countrys forex market through the so-calledNaira for Dollarscheme has failed. This is evidenced by the local currencys plunge of more than 25% since the launch of the incentive scheme

Reporte: Cuatro prestamistas nigerianos sancionados por no bloquear transacciones criptográficas

The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certainadvanced ability”…

Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate

Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (moneda digital del banco central) an attractive option to use. E-Naira Still Unattractive to

Nigerian Experts Insist Africa’s First CBDC Is Presently Not for the Unbanked

While the Central Bank of Nigeria (CBN) continues to tout the e-nairas credentials as a tool for fostering financial inclusion, some experts agree that this central bank digital currency (CBDC) is presently not doing this. The CBDCs Chaotic Start This assertion

El presidente de Nigeria, Muhammadu Buhari, presentará la CBDC del país

The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’moneda digital del banco central s (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event

Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the countrys upcoming digital currency will be launchedin a couple of days from now.According to the governor, the digital currency which is also known as the

Las amenazas del banco central de Nigeria obligan al rastreador de tipos de cambio paralelo a suspender el servicio

Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currencys black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets