Nigerian CBDC Still Not Widely Used a Year After Launch
On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at…
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Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of…
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies…