Nigeria CBDC adoption spikes as fiat currency shortage grip the nation Post author:MiamiCrypto Post published:March 22, 2023 Post category:Africa / Cash / CBDC / Central Bank / Fiat Money / Nigeria / South Africa The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. You Might Also Like Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency July 21, 2022 Binance Is Not Responsible for the Steep Decline of the Nigerian Naira, Company Fights Back February 21, 2024 Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’ August 7, 2022
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