CBN to launch digital currency Oct 1

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The Central Bank of Nigeria has said that it will launch the pilot scheme of its digital currency on October 1st, 2021.

said that its private sources said the pilot scheme will be launched on October 1st, 2021.

It said that the press briefing delivered by the Director IT department, Rakiya Mohammed, at the end of the meeting explained that the Bank had been conducting research in regards to central bank digital currencies since 2017 and may conduct a proof of concept before the end of this year.

 

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If I invest and they rug pull, I'm going to pack all the computers in their office

Another way of looting, money laundering will be easier

Bokcoin or Fulcoin

Sapacoin or cowcoin. Smh

cenbank Governor, Emefiele, has not been able to manage conventional currency effectively. Now he is going into an unknown territory. I hope he will not worsen the economic crisis in Nigeria.

How can Godwin Emefiele make use of his senses when his Oga at de top is not making use of his sense in the right way...

Rubbish people why are you people collecting money from USSD?

Hold on...... What if they are trying to take away every cash vie this mirage of crypto. The federal government is trying to play a lame game. Most crypto traders are east, west & south; i just hope these guys are not trying to swindle us.

How many digital currency are to be launched..

Cowcoin

Nigeria 🇳🇬 is a failed state and the leaders are confused

The only way we can buy this stuff is if it is peg to USTD or the TUSD

Where will it be accepted?

Lauch digital currency at dis poor economic i guess dis man is unstable

Launching digital currency for money they dont have. FreeMaziNnamdiKanu FreeMaziNnamdiKanu FreeDunamis5 FreeENDSARSProtesters. ProscribeMyettiAllahTerrorist StopHerdsmenMenance DemocracyIsFreedomOfSpeech DemocracyIsFreedomOfReligion DemocracyIsFreedomOfAssociation

From Crow to Crypto. Huhu dey smell. shitisreal

They will charge you to death like they are ruining our saving with banks and inflation.

Who go buy Nigeria digital currency? The indebted country with poor management. Anybody that buys it with this present management has entered one chance.

My chest ooooh 😄😄😄😄😄

Hmmm digital currency for Naija ok o we are watching

Launch digital currency under a failed economy🤣 Emefele don't have sense.

Digital currency in Nigeria? That is a misplaced priority, Mr. Governor. Focus more on how the commercial banks can change their lending policies to encourage business development, especially the startups in Nigeria.

Cowwe

Did they just wake up?

Banditcoin

Fatal RUGPULL

Thieves

Useless

Oga how far with your Naira/Yuan swap? Another white elephant project that will surely fail.

Splendid.......... cowcoin 😂

The country is a circus.

Launch already, I’m excited.

Dis pple wantu finish Nigeria

Dem ban Bitcoin at first, our money no get value even small, garri na 1,100, food on increase

It will be called 'cowtocurrency' 🤭

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My candid advice is for anyone who has ears should not attempt to deal with CBN or Nigeria govt on this....their plan is to make you lose your hard-earned money so that you will be grounded and not able to get means of livelihood & can’t fight them. hearword👂🏼

jack where is our dislike button ? I would have used it on this tweet.

Some idiot go stoll buy am

buy it if you want to lose your money. I will not say more than that. I will revisit this teet in 10 years' time.

Ajirebi don talk o

It's shld be called SapaCoin

😂😂😂😂 one chance.

I guess it will be called Fulacoin since the regime is all about Fulani

🤣

Madness

Awon werey

Wait first o, is that not d same CBN that banned Bitcoin in Nigeria bcos according to them, it's used by players of d 'dark world'?

Mumu people. Unna time dey come. All these analogue thick-headed men holding vital positions in the zoo, we say: To hell with your digital currency. Nothing works well in this hell of a country. EndNigeriaNow FreeNnamdiKanuNow BiafraNationNow YorubaNationNow keepeiton ✊

Lol jealous of crypto ?

When they are fund of using old folks to rule the brilliant youth

I thought they ban crypto?🤨🤨

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They are just waking up

Which one be digital currency again?

$Terror Coin

Take it to Fulani... They'll buy it ... is meant for COW not for human

Only aboki and bandit go buy ur crypto-cry-and-see

Folks its centralized, no difference from our traditional banks.

And I think these people are normal...

Meffycoin

Lemme guess the name..... BANDICOIN

Trust is the most important ingredient that push many economic policies. Trust deficit is this govt biggest challenge.

Meffy at it again🤔

If you understand how the Nigerian oligarchy works, then you already know their digital currency will only make you loose.

it should e called corrupt-co$n

You want us to use your God forsaking crypto linked to this your God forsaking economy.

They will use it themselves.

Oga mint your own carry go

CBN too confuse

'The project name is tagged Project GIANT and it will use the Hyperledger Fabric BLOCKCHAIN'

🤡

Lmao😂😂No be juju be this ?

Way to go

$APA Coin

The real reason Bitcoin was banned...

Start by lifting the Bitcoin ban so people don't feel villified. Nigeria is the 3rd biggest investors in crypto. Can't trust this government

Na una go spend una currency unaself. Weyrey people

We all remember Nigerian air. Dead on arrival

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