Nigeria Revisits Its Payments Landscape Amid Slack ENaira Adoption

Nigeria’s central financial institution will explore the skill of stablecoins, the adoption of blockchain technology to energy a central financial institution digital forex (CBDC) and regulatory considerations connected to initial coin choices (ICOs) over the following two years.

These are the significant takeaways of a policy document titled Nigeria Funds System Imaginative and prescient 2025, published by the Central Financial institution of Nigeria (CBN). The 83-internet page document touches on a fluctuate of implications for its present payments landscape, with blockchain-essentially essentially based systems coming to the fore.