Nigeria to Launch Digital Currency on Monday

A view shows Nigeria’s Central Bank headquarters in Abuja, Nigeria November 22, 2020. Picture taken November 22, 2020. REUTERS/Afolabi Sotunde/File Photo

Nigeria will on Monday launch a digital currency, the eNaira, the central bank said, months after it barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies.

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SOURCE: Reuters – Reporting by Camillus Eboh, Writing by MacDonald Dzirutwe