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AMB Crypto
2023-03-22 14:00:55

CBDC adoption grows in Nigeria amidst cash crisis

CBDC adoption grows in Nigeria amidst cash crisis

Nigeria witnessing increased CBDC adoption nearly 18 months after launching its national CBDC amid an acute cash crisis. The value of eNaira transactions has increased to 22 billion nairas ($47.7 million). Nigeria is witnessing an increased Central Bank Digital Currency [CBDC] adoption nearly 18 months after launching as national fiat reserves face shortage. The central

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