Cash shortage sparks 63% spike in eNaira transactions
Nigeria’s cash shortage amid the botched note replacement program has been a big win for eNaira, with e-wallets now at 13 million, a 1200% rise from October.
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Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?
Nigeria is replacing its paper money with redesigned currency notes, and with people queueing for hours just to get $43, the economy is grinding to a halt.