Nigeria

Nigeria upgrades eNaira to widen payments scope
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13 May, 2022

Nigeria upgrades eNaira to widen payments scope

The Central Bank of Nigeria said the upgrade makes onboarding easier, makes the wallet faster, and allows users to create...
PwC: More than 80% of central banks have considered launching CBDC
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9 April, 2022

PwC: More than 80% of central banks have considered launching CBDC

The PwC Global CBDC Index placed Nigeria and the Bahamas at the top of the retail CBDC developments, with Thailand...
IMF: Nigeria’s eNaira could be used for terrorism financing, money laundering
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28 February, 2022

IMF: Nigeria’s eNaira could be used for terrorism financing, money laundering

The IMF says that eNaira could raise financial inclusion to meet the ambitious target of 95%, but says Nigeria must...
Kenya explores CBDC, calls for public feedback
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18 February, 2022

Kenya explores CBDC, calls for public feedback

The Central Bank of Kenya published a discussion paper on central bank digital currency, noting that a CBDC-powered cross-border remittance...
Zambia exploring CBDC, but warns against digital currencies: report
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13 February, 2022

Zambia exploring CBDC, but warns against digital currencies: report

The Zambian central bank has been conducting research on a central bank digital currency, an executive told Bloomberg, weeks after...
2021 year in review: Bitcoin comes of age in Africa
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31 December, 2021

2021 year in review: Bitcoin comes of age in Africa

2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there...
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