Nigeria revisits its payments landscape amid slack eNaira adoption

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.

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