Nigeria Set To Launch Digital Currency, “e-naira” – Central Bank
Nigeria plans to launch its own crypto currency, called the “e-naira”, in October, the central bank governor said.
Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.
Central Bank Governor Godwin Emefiele said the “e-naira” would operate as a wallet against which customers can hold existing funds in their bank account.
This currency is intended to be launched by 1st October, 2021
