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Nigerian Cash Shortage Drives 63% Uptick in Digital Currency Use

March 22, 2023
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Nigerian Cash Shortage Drives 63% Uptick in Digital Currency Use

March 22, 2023
A cash shortage in Nigeria has made the country’s digital currency much more popular. The value of eNaria transactions has jumped 63% to 22 billion naira ($47.7 million), the head of the country’s central bank told reporters Wednesday (March 22) “The eNaira has emerged as the electronic payment channel of choice for financial inclusion and […]