What happened to eNaira, Nigeria’s digital currency? – DW

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In 2021, Nigeria became the first African country to launch a central bank-backed digital currency, the eNaira, aimed at driving financial inclusion, reducing the cost of cash transactions, and competing with a volatile cryptocurrency regime. Adoption remains low. So what happened? DW’s Josephine Mahachi speaks to Ikemesit Effiong, an economist, and DW correspondent, Abiodun Jamiu.
DW AfricaLink is packed with news, politics, culture and more — every weekday. From combating health issues and freedom of expression to finances, tolerance and environmental protection, we have it covered.

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