Nigeria Refines the eNaira Model to Drive CBDC Adoption.

The post Nigeria Refines the eNaira Model to Drive CBDC Adoption. appeared first on Coinpedia Fintech News

Nigeria is making changes to its eNaira model to promote the use of its Central Bank Digital Currency (CBDC). The country aims to harness the potential of digital currencies to improve financial inclusion while reducing cash-related crimes. The changes will ensure that the eNaira is accessible to all citizens, including those without a bank account or smartphone. The Nigerian government is committed to providing a reliable and secure digital payment system that is easy to use by everyone in the country. The eNaira is expected to launch in the coming months and is set to transform the country’s financial landscape.