Amid cash shortage, Nigerians turn to eNaira
Wed, Mar 22, 2023 2:15 PM

Amid cash shortage, Nigerians turn to eNaira

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Since its introduction, the Central Bank of Nigeria's digital currency eNaira has seen a significant increase in usage. On Tuesday, March 21, Governor Godwin Emefiele reported that eNaira transactions had risen by 63% to 22 billion nairas ($47.7 million). Additionally, the total number of CBDC wallets has grown by more than double since October 2022.

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