Nigeria to Load CBDC eNaira With More Features, Aims to Onboard Millions of Unbanked

Nigeria to Load CBDC eNaira With More Features, Aims to Onboard Millions of Unbanked

ByNews Polite

The government of Nigeria is taking efforts to boost the functional capacity of its digital currency, called the eNaira. Launched as Africa’s first ever CBDC in October last year, the eNaira is now getting new features, intended to onboard unbanked citizens of Nigeria onto the nation’s existing financial system. The…

Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC

Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC

ByNews Polite

Nigeria has been trying to get more citizens to adopt its national digital currency called eNaira since it was introduced last year under the slogan ‘Same Naira, More Possibilities’. The Central Bank of Nigeria (CBN) is reportedly looking to allow people to use the eNaira for day-to-day payments such as…