Nigeria’s eNaira CBDC Goes Live
Nigeria’s central bank digital currency (CBDC), the eNaira, is live following an announcement by President Muhammadu Buhari on Monday.The official unveiling of the eNaira – designed to complement Nigeria’s physical currency, not replace it – took place Monday having been announced last week.The eNaira was developed by fintech company Bitt, whose digital currency management system…