Central banks in both countries have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative.
Both so-called central bank-backed CBDCs and cryptocurrency are virtual money: CBDCs are issued and regulated by the central bank while the other is out of government control. Nigeria selected global financial technology company Bitt Inc. for its CBDC launch known as"Project Giant" after more than three years of research into the digital currency.
Young Nigerians continue to explore new ways to make money and store value in the face of double-digit joblessness and inflation as well as the collapse in value of the local naira.
How wish all traders are like LindaStouffes there won’t be any loss of money because I and so many of my friends traded with her and got our profit, thanks once again LindaStouffes
tngadd SA already has crypto. It is called the Zupta. It is backed by an Indian consortium. Different kind of minning though.
Nigerians be excited for all the fraud & financial crimes they will be up to !
Last night we slept hungry again and my daughter was crying because of hunger. Please assist us with a 2kg mealie meal and tinned fish 🙏🏻. Just so my little girl can eat😔💔. I've been struggling to get a job and in my struggle, my family is suffering
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