President Muhammadu Buhari is billed to perform the unveiling of Nigeria’s digital currency known as the eNaira on Monday, 25 October at the State House, Abuja The Central Bank of Nigeria’s (CBN’s) Director, Corporate Communications Department, Osita Nwanisobi, who made the announcement in a statement, indicated that the launch of the eNaira was a culmination […]
Tag: central bank digital currencies (CBDCs)
South Africa, Australia, Malaysia, Singapore Launch Digital Currency Scheme
Barely 72 hours after the Central Bank of Nigeria (CBN) unveiled its partnership with a financial technology (fintech) company – Bitt Inc – on its digital currency initiative, the Central banks in South Africa Australia, Singapore and Malaysia on Thursday unveiled plans to conduct a cross border payments trial using different central bank digital currencies […]