ADDING TO THE

Last updated: June 19, 2025, 11:26  |  Written by: Linda Xie

Adding To The
Adding To The

Nigeria Launched Its Cbdc

Nigeria launched its CBDC, the eNaira, with the hope of transitioning to a cashless economy. The government initially attempted to encourage adoption by offering incentives such as removing

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In Nigeria

The Central Bank of Nigeria has encountered trouble in convincing Nigerians to employ the CBDC. A dainty 0.5 percent of the population has been using the CBDC since

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital

As Its Central Bank Limits Cash And Pushes A CBDC, Nigeria

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Nigeria CBDC - Human Rights Foundation Site

In

The Nigerian government is intentionally forcing its citizens into a cashless Keynesian economy while they position their surveillance CBDC - eNaria as final destination.”

Nigeria bans ATM cash withdrawals over $225 a week

In 2025, the Central Bank of Nigeria launched its CBDC (the eNaira). Nigeria’s CBDC is an intermediated CBDC where banks and other financial institutions act as a third party between

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Linda Xie can be reached at [email protected].

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