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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