(by Teuta Franjkovic | Coin Rivet) – The Central Bank of Nigeria’s eNaira website has gone live ahead of schedule. And, in the 24 hours following the launch, it received more than a million hits. The CBN stated that eNaira – a central bank-issued digital currency that provides a unique form of money denominated in Naira – would serve as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments. eNaira presents itself as the digital form of cash and is a direct liability on the Central Bank […]

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