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2024-09-18 18:11:13

jayboi on Nostr: How many people use e-Naira? When e-Naira was first launched, many Nigerians thought ...

How many people use e-Naira?

When e-Naira was first launched, many Nigerians thought it was a scam. Some even believed that the Central Bank of Nigeria (CBN) introduced it to track people using cryptocurrencies, which could result in their bank accounts being suspended. Because of these concerns, only about 0.5% of the population used e-Naira in the first year. However, starting in October 2022, its popularity grew quickly, and now around 13 million people are using it.

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