CBDC transaction fees were reduced by half for Nigeria’s e-naira

The Central Bank of Nigeria is sweetening its deal and encouraging people and local businesses to use the e-naira, its central bank digital currency (CBDC). The monetary authority has reduced transaction fees for the e-naira platform by half in a bid to increase the transaction volume on the platform. In a move aimed at promoting the use and adoption of the e-naira central bank digital currency, the Central Bank of Nigeria (CBN) has reduced service fees by 50 percent, according to Bitcoin.com. The CBN also highlighted the benefits of adopting the CBDC as local businesses signing on to...

source: https://tokenpost.com/CBDC-transaction-fees-were-reduced-by-half-for-Nigerias-e-naira-9757

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