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Nigerians' passion for crypto is stopping short at the eNaira

Published 10/26/2022, 12:28 AM
Updated 10/26/2022, 02:00 AM
Nigerians' passion for crypto is stopping short at the eNaira

Nigerians' passion for crypto is stopping short at the eNaira

Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.

According to a Bloomberg report, less than 0.5% of Nigeria’s 217 million population are using the government-issued digital currency — the eNaira — a year after its launch.

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