Cryptocurrency Market

  • Market Cap: $2,406,349,749,781.84
  • 24h Vol: $107,598,798,003.65
  • BTC Dominance: 56.46%

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in UseNigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite […]

Leave a Comment

Your email address will not be published. Required fields are marked *