Selects Barbados Based Cbdc Bitt Central Bank Nigeria Fintech Firm Project Technical Partner Page

: Intended to make cross-border and local transactions faster and more secure. 🚀 Timeline and Launch

The Central Bank of Nigeria selected Barbados-based fintech firm Bitt as its technical partner for its central bank digital currency project.

: The project resulted in the creation of the eNaira, Nigeria's sovereign digital currency. : Intended to make cross-border and local transactions

: Nigeria became the first African nation to fully launch a retail central bank digital currency.

: The Central Bank of Nigeria (CBN) chose Bitt Inc. to build its digital currency. : Nigeria became the first African nation to

Here are the key details surrounding this partnership and the launch of the eNaira: 🪙 The Partnership

: Aimed to bring millions of unbanked Nigerians into the formal financial system. Here are the key details surrounding this partnership

: Designed to reduce the high cost of sending money into the country.