Africa Business Nigeria West Africa World 

Nigeria launches eNaira, Africa’s first digital currency

– – Nigeria has launched Africa’s first digital currency called the eNaira. This will be the country’s new digital version of its currency. The country’s President Muhammadu Buhari said on Monday that Nigeria has “become the first country in Africa and one of the first in the world to have introduced a digital currency for our citizens.” Nigeria’s government said the new digital currency should improve cross-border trade and enable financial inclusion for those in the informal economy as well as increase remittances from abroad. The eNaira was to have…

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Africa Business Nigeria West Africa World 

The Nigerian who returned $80K bitcoins sent him mistakenly

A Nigerian man has returned $80,000 worth of bitcoin mistakenly transferred to him. He returned the bitcoin to the owner. Keith Mali Chung is reported by Radio France Internationale to have discovered 7.8 bitcoins in his account. The bitcoins were worth $80,000 but he could not hold on to it knowing it didn’t belong to him. He reportedly tracked down the owner of the bitcoins and returned the digital currency. “I trade in bitcoin, but never such a high amount,” Mali Chung explains on the phone from the Nigerian capital,…

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