Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Go to Source Powered by WPeMatico
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The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Go to Source Powered by WPeMatico
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the e-naira will be the first of its kind in Africa. Nigeria to Launch CBDC … Read more