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Nigeria to launch digital currency, ‘E-Naira’, in Oct – Central Bank

ABUJA, (The Southern African Times) – Nigeria plans to launch its own crypto currency, called the “e-naira”, in October, its central bank governor said.

Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.

Central Bank Governor Godwin Emefiele said the “e-naira” would operate as a wallet against which customers can hold existing funds in their bank account.

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