IS NIGERIA FORCING ITS CBDC ON ITS CITIZENS

Last updated: June 15, 2025, 12:48  |  Written by: Barry Silbert

Is Nigeria Forcing Its Cbdc On Its Citizens
Is Nigeria Forcing Its Cbdc On Its Citizens

In Nigeria

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

How a CBDC Created Chaos and Poverty in Nigeria

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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The Central Bank Of Nigeria

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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

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In

Is Nigeria forcing its CBDC on its citizens? - Watcher Guru

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 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

The Nigerian Government Is Intentionally

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

Barry Silbert can be reached at [email protected].

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