Cryptocurrency Market

  • Market Cap: $2,351,585,248,578.38
  • 24h Vol: $138,783,775,575.06
  • BTC Dominance: 56.47%

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Your email address will not be published.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 *