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Nigerian Digital Currency Transactions up 63% Says Central Bank Boss

According to the Nigerian central bank governor, central bank digital currency or e-naira transactions have gone up 63% to $47.7 million, while the number of downloaded wallets since Oct. 2022 is around 13 million. The governor attributed the rise in the value of CBDC transactions to the Nigerian government’s use of the e-naira when transferring social welfare funds to marginalized groups. (Bitcoin.com)

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