The TRUTH about the e-Naira - Nigeria's Digital Currency!
Nigeria's CBN has pushed to launch Nigeria's Digital Currency, dubbed "e-Naira" on October 1st; Nigeria's Independence Day. In this video, I attempt to explain every aspect of the e-Naira, why it's being created and who Nigeria is partnering with to make it.
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Table of Content:
0:00 - Introduction
1:09 - What is the e-Naira
2:06 - Why did Central Bank Propose this?
4:48 - Who is making the e-Naira?
7:26 - What is the e-Naira process?
13:21 - Advantages
14:55 - Concerns / Disadvantages
17:27 - Conclusion
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Sources:
About Bitt: https://nairametrics.com/2021/....09/01/what-you-shoul
Nigeria CBN e-Naira Guidelines: https://nairametrics.com/2021/....08/29/cbn-drafts-gui
e-Naira Limits: https://nairametrics.com/2021/....08/30/e-naira-cbn-se
CBN Partner with Bitt: https://nairametrics.com/2021/....08/31/exclusive-digi
World Bank Forex: https://www.reuters.com/articl....e/nigeria-economy-wo
CBN Guidelines: https://news.bitcoin.com/niger....ian-central-bank-rev
Wallet Tiers: https://cryptotvplus.com/2021/....08/central-bank-of-n
CBN Letter Selecting Bitt Inc: https://www.cbn.gov.ng/Out/202....1/CCD/CBN%20Press%20
CBN’s Monetary Policy Director on Arise: https://youtu.be/Md3KqvdMNg0
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