President Muhammadu Buhari will formally unveil the Nigerian Central Bank Digital Currency, (CBDC), known as the eNaira, at the State House, Abuja, tomorrow. According to a statement by the Central Bank of Nigeria, (CBN), the digital currency was coming after detailed research, spanning many years. It said, “the launch of the eNaira is a culmination of several years of research work by the CBN in advancing the boundaries of the payments system in order to make financial transactions easier and seamless for every stratum of the society. “Following a series…
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