eNaira

One Year After “eNaira” Was Launched, Nigerians Still Struggle With The Digital Currency

  On Monday, 25 October 2021, Nigeria launched Africa’s first central bank digital currency (CBDC) eNaira, with the theme “Same Naira, More Possibilities”. The eNaira, which was activated the same day by President Muhammad Buhari, promises to increase remittances, foster cross-border trade, improve financial inclusion and enable the government to make welfare payments more easily, […]

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Original Article By: https://www.withinnigeria.com/2023/01/16/one-year-after-enaira-was-launched-nigerians-still-struggle-with-the-digital-currency/

Nigeria Latest Country to Create Regulatory Framework for Stablecoins

  The central bank of Nigeria has released a report to examine the development of a regulatory framework for the potential use of stablecoins. The report also focuses on the national CBDC, eNaira, and Initial Coin Offerings (ICOs).   The Central Bank of Nigeria (CBN) has released the “Nigeria Payments System Vision 2025” report, which examined

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Original Article By: https://ambcrypto.com/nigeria-latest-country-to-create-regulatory-framework-for-stablecoins-details-inside/