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How has Nigeria’s digital currency fared since its launch?

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Adoption rates of the eNaira, Africa’s first official digital currency, have been low since its introduction in October. SMACIN GRACEFULL TEAM In this photo released by the Nigeria State House, Nigerian President Muhammadu Buhari, centre, and Central Bank governor Godwin Emefiele, right, during the launch of a digital currency in Abuja, Nigeria Monday, Oct. 25, 2021. Nigeria has launched a digital currency which the Central Bank of Nigeria (CBN) says is a "major step forward in the evolution of money" in Africa's most populous country. Nigeria's President Muhammadu Buhari said at the launch Monday that the digital currency and the blockchain technology it uses can foster economic growth and increase the GDP of Africa's biggest economy by US$29 billion over the next 10 years. (Sunday Aghaeze/Nigeria State House via AP) ADVERTISEMENT ADVERTISEMENT A

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