E-Naira: All you need to know about CBN Nigeria’s digital currency
A number of countries across the world over the past months have considered creating their digital currencies, which has been on the increase with the coming of cryptocurrencies.
One of the features of cryptocurrencies that have been seen as a disadvantage by different governments across the world is the lack of control; this has made many countries resorted to creating a digital currency they can monitor and have control over it.
For this reason, Nigeria, through the Central Bank of Nigeria CBN, joined 80 other countries in the quest to have its digital currencies.
According to the records, the Bahamian Sand Dollar is the first Central Bank Digital Currency CBDC to become widely available; it has also been revealed that more than 14 countries are in the beginning stage while fi...