space4

space drive44

space drive888

space drive777

spacw666

Ad space2

Test 1

space5555

SPACE7

space5

space

new space

space6

SPACE6

SPACE5

SPACE8

test new

new space4

new space2

Ad1

space drive3

space3

space drive

space5555

space123

space6666

space drive2

space4444

test99

test10

test1313

test 1212

test1414

test1010

test1111

Friday, June 11, 2021

CBN To Introduce Digital Currency In Nigeria

 The Central Bank of Nigeria has made public its plan to introduce digital currency in Nigeria.


 

CBN
CBN
 
The Central Bank of Nigeria (CBN) will soon introduce digital currency in the country.
 
According to CBN, it is planning to introduce digital currency before the end of 2021.
 
Rakiya Mohammed, Director, Information Technology Department of the CBN, disclosed this on Thursday.
 
Speaking at the end of the 306th Bankers’ Committee Meeting in Lagos, Mohammed said the currency would be accessible to all Nigerians.
 
Nigerians express divergent views on creation of Oduduwa Republic, Fadaka currency
 
She said: “Before the end of the year, the Central Bank will be making a special announcement and possibly launching a pilot scheme in order to be able to provide this kind of currency to the populace.

“The CBN is exploring the possibility of issuing digital currency.

“In Nigeria, we’ve the notes and coins, so the CBN Digital Currency is meant to be a form of fiat money. It’s going to complement the coins and notes that we have.

“Having the CBN Digital Currency that’s backed by the government is good for the digital economy.”
 
The CBN chief added that the move would boost financial inclusion and deepen access to financial services in Nigeria.

No comments:

Post a Comment