Sovereign · October 25, 2021
Nigeria launches the eNaira, Africa's first CBDC
Price at event
$63,089
Today
$73,554
Since then
×1.2
On October 25, 2021, President Muhammadu Buhari launched the eNaira, making Nigeria the first African nation and one of the first countries anywhere to issue a retail central bank digital currency. Marketed with the slogan "Same Naira, More Possibilities," it became a closely watched experiment in CBDC adoption for a major emerging market, though uptake would prove rather more modest than the possibilities advertised.
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