The launch of the eNaira has placed Nigeria in the forefront as the first African country to have its own Central Bank Digital Currency (CBDC). It is reported that in the next ten (10 ) years, the adoption of a CBDC could improve economic activities and increase Nigerian GDP by $29billion.
In view of this, we have highlighted some of the most frequently asked questions on the eNaira in our article titled – Frequently Asked Question: The Legality of Trading in Cryptocurrency In Nigeria.
For more information or inquiries, please contact – info@frawilliams.com.