Nigeria launches eNaira digital currency

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Nigeria central bank digital currency (CBDC), the eNaira, has gone live after an official launch by President Muhammadu Buhari on Monday.

Buhari launched the eNaira at the State House in Nigeria's capital Abuja after a previous plan to unveil the digital currency on October 1 was put on hold. "We have become the first country…

Buhari launched the eNaira at the State House in Nigeria’s capital Abuja after a previous plan to unveil the digital currency on October 1 was put on hold. Nigeria is one of the five countries in the world to develop an official digital currency. 14 other countries are at the pilot stages of launching theirs, according to the Atlantic Council’s CBDC tracker.

With operations spreading across the Caribbean, Bitt utilises blockchain and distributed ledger technology to facilitate peer-to-peer transactions with mobile money across a suite of Bitt’s Software and mobile applications.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As eNaira Launches: What You Need To KnowT he Central Bank of Nigeria (CBN) digital currency the eNaira, is expected to go live today with the official launch by President Muhammadu Buhari at the
Source: LeadershipNGA - 🏆 4. / 77 Read more »

CBN introduces eNaira app, merchant walletThe Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. Start operation and let's see 😂 you ban crypto yet came out with you own. Lol 😂 we are your Mugu Dangerous game
Source: MobilePunch - 🏆 8. / 63 Read more »

Buhari to float CBN's eNaira Monday - Daily TrustPresident Muhammadu Buhari will on Monday launch the Central Bank Digital Currency (CBDC), called eNaira, marking the formal start of the operation of the digital version of the Nigerian Naira (NGN) Noted 👍 What is going to be the value of the e-money
Source: Daily Trust - 🏆 13. / 51 Read more »

FG to unveil eNaira Monday, says CBNMuhammadu Buhari (retd.), will formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday My Luno acct is getting ready to stack more Bitcoin 🚀 Make una do airdrop wahala
Source: MobilePunch - 🏆 8. / 63 Read more »

Nigeria's eNaira goes live after official launch by BuhariThe CBDC’s digital currency app and its merchant wallet are now live and available for download. Dead on arrival...Into za TRASH 🗑️👌 ALL HAIL BIAFRA💝 99% risky business Nonesense
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Buhari unveils eNaira Monday, experts say e-currency beneficial, risky - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »