BusinessDay
Nigeria's leading finance and market intelligence news report.

What to know about central bank digital currency

The Central Bank of Nigeria (CBN) has announced plans to launch its own digital currency before the end of the year. A central bank digital currency (CBDC) is a widely used digital representation of a country’s sovereign currency issued by the monetary author. Nigeria has two kinds of fiat money – notes and coins. Fiat…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.