What happened to eNaira, Nigeria’s digital currency?

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In 2021, Nigeria became the first African country to launch a central bank-backed digital currency, the eNaira, aimed at driving financial inclusion, reducing the cost of cash transactions, and competing with a volatile cryptocurrency regime. Adoption remains low. So what happened? DW’s Josephine Mahachi speaks to Ikemesit Effiong, an economist, and DW correspondent, Abiodun Jamiu.

18 Apr English Germany News

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