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

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…