Nigeria’s Apex Bank Taps Gluwa to Hasten e-Naira CBDC Adoption
The Central Bank of Nigeria and Gluwa, a blockchain infrastructure company, have teamed up to promote the e-Naira, the nation’s digital currency. Through blockchain technology, the partnership seeks to boost financial inclusion, improve e-Naira’s functioning, and spur financial innovation in Nigeria while encouraging the adoption of e-Naira. Additionally, the alliance will streamline the loan origination […]
Central bank of Nigeria partners with Bitt Inc for its digital currency rollout
Bitt Inc, a Barbados-based fintech startup, would serve as the Central Bank of Nigeria’s technical partner for the proposed e-naira. The company is trusted due to its successful launch of Eastern Caribbean Central Bank’s DCash. The Central Bank of Nigeria (CBN) said on Monday that it has picked Bitt Inc because of its “technical competence, […]