eNaira
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Cryptocurrency
Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch
Nigeria’s Central Bank Digital Currency (CBDC) e-Naira Fails Due to Low Adoption, but Government Seeks to Increase Adoption, Bloomberg News…
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Cryptocurrency
eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
geopolitical analyst Nick Giambruno called Nigeria’s eNaira project a “debacle” and said the results were not “what the elite wanted”.…
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Cryptocurrency
Nigeria’s CBDC eNaira records $10M in transaction since October
Nigeria’s digital currency eNaira reportedly Since its launch in October 2021, recorded transactions have reached N4 billion (approximately $10 million)…
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Cryptocurrency
Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
Nigerian banks I’m reluctant Promote e-Naira, Nigeria’s low-cost central bank digital currency, due to concerns about loss of revenue. E-Naira…
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