e-Naira: What you MUST Know - 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/w...

Nigeria CBN e-Naira Guidelines: https://nairametrics.com/2021/08/29/c...

e-Naira Limits: https://nairametrics.com/2021/08/30/e...

CBN Partner with Bitt: https://nairametrics.com/2021/08/31/e...

World Bank Forex: https://www.reuters.com/article/niger...

CBN Guidelines: https://news.bitcoin.com/nigerian-cen...

Wallet Tiers: https://cryptotvplus.com/2021/08/cent...

CBN Letter Selecting Bitt Inc: https://www.cbn.gov.ng/Out/2021/CCD/C...

CBN’s Monetary Policy Director on Arise:    • Exploring Nigeria’s Digital Naira wit...