Thursday, 7 December 2023

Central banks of Nigeria and Ghana accelerate adoption of CBDC pilots

5 min read

Central banks of Nigeria and Ghana have partnered with global fintech companies Bitt Inc and Giesecke+Devrient for their respective digital currency pilots, eNaira and e-Cedi. Commonly through the launch, central banks from both countries are looking to promote diverse digital payments, improve efficiency of payment systems and cross-border trade and remittances, and boost financial inclusion. 

Re-disseminated from Central Bank of Nigeria and Bank of Ghana, with additional reporting from NDTV Profit

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