e-Naira

Link to announcement: www.cbn.gov.ng

Retail/Wholesale: Retail → Retail, Wholesale

Link to announcement: www.youtube.com

Launched → Cancelled

Link to announcement: cryptonews.com

Link to announcement: www.cbn.gov.ng

Link to announcement: sunnewsonline.com

Link to announcement: www.ledgerinsights.com

Pilot → Launched

Link to announcement: blockbuild.africatwitter.com

Description: The Central Bank of Nigeria (CBN) has announced the formal engagement of the globalFintech company, Bitt Inc., as the Technical Partner for its digital currency, named eNaira,which is due to be unveiled later in the year → Nigerians will be able to transact on eNaira central bank digital currency (CBDC) wallets through the Unstructured Supplementary Service Data (USSD) code on mobile phones.

Link to announcement: punchng.comwww.coindesk.comqz.com

Link to announcement: www.bloomberg.com

Research → Pilot

Technology Provider: Bitt Inc.

Technology: Hyperledger Fabric

Description: The Central Bank of Nigeria (CBN) has announced the formal engagement of the globalFintech company, Bitt Inc., as the Technical Partner for its digital currency, named eNaira,which is due to be unveiled later in the year

DLT / non-DLT: DLT

Main motivation/goals of the CBDC: The aim is to increase efficiency in cross-border payments → The aim is to increase efficiency in cross-border payments, increase financial inclusion, facilitate remittances, and reduce informality.

Link to announcement: www.cbn.gov.ngnairametrics.com

None → Research

Announcement Year: 2021

Retail/Wholesale: Retail

Main motivation/goals of the CBDC: The aim is to increase efficiency in cross-border payments

Link to announcement: www.coindesk.comgazettengr.com

Country / Region: Nigeria

Central Bank(s): Central Bank of Nigeria