CBN’s eNaira to grow Nigeria’s GDP by $29 billion in 10 years: Buhari

President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC) will increase Nigeria’s Gross Domestic Product (GDP) by $29 billion in 10 years.

“Alongside digital innovations, CBDCs can foster economic growth through better economic activities.

“Indeed, some estimates indicate that the adoption of CBDC and its underlying technology, called blockchain, can increase Nigeria’s GDP by 29 billion dollars over the next 10 years,” the president said.

Mr Buhari made this submission on Monday while performing the formal unveiling of Central…

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