Spotlight Explainer—Was Executive Order No. 5 breached in awarding the eNaira to Bitt Inc? The EO5 directed that foreign companies with demonstrated and verifiable plans for indigenous capacity development can be awarded contracts when local professionals are lacking expertise
Spotlight CBN's new digital coin to run on closed blockchain The CBN's new digital currency will run on Hyperledger Fabric Blockchain, a permissioned ledger that grants the apex regulator exclusivity and altering power.
Spotlight What CBN’s digital currency could mean—transparency vs surveillance While there isn’t yet information on how the CBN’s digital currency will work, it is not a new phenomenon. Central Bank Digital Currencies (CBDC) are a growing trend worldwide.
