Central Bank of Nigeria (CBN) launches “E-Naira”, a digital currency that is equal to the value of Nigerian paper currency, to be a great step towards economic growth and joining countries that issued its own national digital currency, such as: China. Hence promoting economic growth increasing gross domestic product (GDP) to $29 billion for the next 10 years.

         E- Naira would encourage more of Nigerian people & companies to deal with the public sector instead of private sector, which leads to the increase of the tax base and transform Nigeria into a non- monetary country. Therefore achieving rapid growth in the digital economy, which is one of the priorities of Central Bank of Nigeria (CBN) since 2012.