Nigeria promotes digital currency limiting Naira withdrawals to $45/day
The Nigerian government in Lagos was the first African country to launch a digital currency (eNaira) October 25, 2021. The central bank of Nigeria (CBN) has since imposed new cash withdrawals limits on individuals and businesses, N100,000 and N500,000 respectively, to promote the adoption of the digital currency. These new cash withdrawal limits take effect […]
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