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Wednesday

23 June 2021

Nigeria's central bank plans CBDC pilot launch before the end of 2021

Nigeria's central bank plans CBDC pilot launch before the end of 2021


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Rakiya Mohammed, an IT specialist at the Central Bank of Nigeria (CBN) has announced that the apex bank is making efforts to float a central bank digital currency in the country.

Related: Crypto will 'come to life' in Nigeria, central bank governor says.

Mohammed revealed that the CBN has been exploring the possibility of a central bank digital currency for about two years

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