Nigeria launches digital currency, as CBN mints 500 million eNaira

Nigeria’s central bank digital currency (CBDC) the eNaira, has gone live following an announcement by President Muhammadu Buhari on Monday.

The official unveiling of the eNaira designed to complement Nigeria’s physical currency, not replace it, took place at the State House in Abuja.

Following the launch today, Nigeria becomes the sixth…

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