Nigerian Federal Executive Council Endorses Plan for Digital Transformation and Blockchain Adoption
The Nigerian Federal Executive Council has adopted and endorsed a plan for the digital transformation of the national economy and called for the widespread adoption of blockchain. The Central Bank of Nigeria together with the SEC and the country's Ministry of Communicatio ...
Nigeria’s CBDC Transactions Increase by 63% After Demonetization
According to the governor of the Central Bank of Nigeria, the local government's digital currency has experienced a significant surge in transaction volume since its launch, with an increase of 63% to reach a transaction volume of $47.7 million. Godwin Emefiele revealed that, initially, after the ...