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 Zimbabwean Central Bank Launches CBDC Consumer Survey November 11, 2022 BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities April 28, 2022 China’s Digital Yuan Little Used, Former Central Bank Official Says December 31, 2022