Nigeria governments lunch eNaira new digital currency
President buhari officially lunch e-naira the Nigeria digital currency,the Nigeria Central bank digital currency (CBDC) unveil to the design of eNaira which was lunch by the president
(source :Twitter )
eNaira was design to complement the Nigeria physical currency not to replace it , following the lunch of eNaira today , Nigeria became the sixth country to lunch centralized online digital currency
Following the likes of Bahamas ,saint kitt,navis ,Grenada ,Antigua ,Barbuda ,saint Lucia
Fintech company called digital company management system (DCMS) was the one reported that develop the eNaira
eNaira speed wallet and eNaira Marchant wallet are the two wallet available to store the eNaira currency and this app are already available on the Google play store and iOS
I hope this will strengthen the exchange and increase the value of naira , because the value of naira keep decreasing everyday ,I hope it will
And I also think this coins should have been decentralized, imagine 200m people decide to own coins in the first day of lunch ,this would have been increase in the value of the coins
Let wait and see how it goes
Thanks
