The number of eNaira wallets in Nigeria has reached 13 million, and the transaction value increased by 63% during the year

Amid cash shortages, Nigerians are turning to the country’s central bank digital currency (CBDC). Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), said at a press conference that the number of eNaira wallets has grown more than 12 times since October last year to 13 million, and the transaction value this year has increased by 63% to N22 billion. ($48 million). The country’s CBDC was launched in October 2021. (Bloomberg)