Nigeria becomes first African nation to roll out digital currency

by News Update

Nigeria has launched a digital currency.
Called eNaira, it is hoped to foster economic growth.
But there are challenges in its use.
Al Jazeera’s Ahmed Idris reports from Nigeria’s capital city of Abuja.

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22 comments

66otnt October 26, 2021 - 11:46 AM

THIS IS THE FUTURE ???

Abdullahi Musa October 26, 2021 - 11:46 AM

I have read so many offensive comments about Nigeria. The truth is that Nigeria is a good country with good people. What many Nigerians do outside the country do not in any way represent the majority good people of the country. There are many scammers and hackers across different countries just like there are from Nigeria. There are insecurity challenges in Nigeria just like there are in many other countries. But overall, Nigeria is a good country and it's worth to explore it's goodness. However, when coming, try to stay alert and get in touch with good people

anisa hussein October 26, 2021 - 11:49 AM

💖💖💖💖

Ramón González October 26, 2021 - 11:56 AM

The world is such a meme.

Can get right October 26, 2021 - 12:03 PM

it's a Scem!

C. Lincoln October 26, 2021 - 12:03 PM

Its a GREAT idea. If it works will depend on the execution.

Open Borders For Israel October 26, 2021 - 12:04 PM

Ah so currency with no value since they have no major exports or economy 🤔

Ed Denoy October 26, 2021 - 12:09 PM

First it was El Salvador, now it is Nigeria. Sign me up NOW !

Jaime Martinez October 26, 2021 - 12:36 PM

The dumbest idea, now it will be so easy to steal your money.

Irish Man October 26, 2021 - 12:45 PM

Bitcoin has been working just fine 🙂.

Daris Hore October 26, 2021 - 1:03 PM

Somalia had this program almost a decade kenya has it too now

AJALAH UPFRONT. October 26, 2021 - 1:04 PM

Everybody clap for buhari.

Ashera 01 October 26, 2021 - 1:11 PM

More importantly water, plant a forest and meat…than this…

menassie samuel October 26, 2021 - 1:12 PM

If commercial anything did anything to sabotage government plans in Ethiopia they would just disappear

Phil Hartley Music October 26, 2021 - 1:14 PM

Ahah the first official BitScam

Apocalypse Watch October 26, 2021 - 1:14 PM

Nigeria government sponsored scam.

Jeff Itachi October 26, 2021 - 1:43 PM

Nigeria is the biggest exporter of memes to the world lol haha

Tohurangi October 26, 2021 - 1:53 PM

This was only implemented so the corrupt political & money elite can hide their shady deals without anyone being aware of; another Nigerian digital scam.

Artel October 26, 2021 - 2:23 PM

Typically the infrastructure is not in place. Quelle surprise digital transformation strategy not in place.
Furthermore the basic power supply infrastructure isn’t there alongside blockchain so how will this work
Baby razor blade scenarios there will be blood before this works anywhere near properly

What Grandma Thinks about it October 26, 2021 - 2:55 PM

Well great 👍 I WAS GOING TO BUY SOME FROM YOU !!!

Sam Smith October 26, 2021 - 3:03 PM

Scammers central .. is this forreal 🤣 this is not going to end well 😭🙈

itisistacy TarotReader October 26, 2021 - 3:12 PM

Wow… let the rest of us know how that turns out.🙏