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Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos
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Nigeria's further efforts to curb the influence of cryptocurrencies have begun to bear fruits, as its introduction of a centralised digital currency eNaira has lured about half a million users within three weeks.
The adoption rate for the Central Bank of Nigeria digital currency has shown an upward trend. More than 488,000 people have downloaded the consumer wallet — that’s needed to transact eNaira — while about 78,000 merchants from more than 160 countries have enrolled, according to eNaira
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