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23 June 2021

Central Bank of Nigeria Looking to Launch CBDC in 2021

Central Bank of Nigeria Looking to Launch CBDC in 2021


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An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the end of 2021.

The CBN executive stated that the bank has been exploring the option of a digital naira for two years.

As reported by BTCManager earlier in June, Ghana’s central bank stated that it was one of the first apex banks in Africa to introduce a CBDC

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