Footnote:
In: CSEF Vol. 110, 2022
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 27, 2022 erstellt
Description:
Central bank digital currency is non-physical money or the digital equivalent of physical money issued by a central bank. Nigeria is the first African country to issue a central bank digital currency, popularly known as the eNaira. This paper highlights the redesign features which the eNaira should possess for it to become very effective in offering payment solution and for macroeconomic stability. The eNaira should have an interest-bearing status, have enhanced security features and should offer zero transaction cost on eNaira transactions