Kenya: A CBDC Is Not Our Immediate Priority
The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering ...
Tag: eNaira
Nigerian CBDC eNaira Adoption Spikes Due To Cash Shortage
Nigeria, the most populous African nation, experienced a severe cash shortage and these shortages have increased the adoption rate of ...
Former Bank Of England Advisor Says CBDCs Are Not Worth The Risk
Many countries have been on the quest to launch CBDCs. According to data from Crowdsourcingweek, up to 105 countries have ...
Digital Currencies Get Support From Nigerian Presidential Hopeful
Digital currencies have found a major backer in a Nigerian presidential candidate, who expresses confidence in their potential and rejects ...
Nigeria To Upgrade CBDC For Wider Use As Crypto Restrictions Cripple Fintech Sector
Africa's largest economy and most populous country "Nigeria," launched the continent's first digital currency, the e-Naira, back in October 2021. ...
Dead On Arrival? How The Nigerian eNaira Has Fared Since Launch
The Nigerian eNaira was launched to much fanfare after delays had rocked the project. Upon launch, it made the West ...
Nigeria Prepares To Launch Digital Currency eNaira On Monday
The President of Nigeria, Muhammadu Buhari, will formally unveil the much anticipated Central Bank Digital Currency (CBDC), known as the ...
Nigeria Partners With FinTech Company To Launch CBDC
Nigeria had earlier in the year announced it planned to launch its own CBDC. The eNaira was announced after the ...
