There has been commotion across the country as regards the low circulation of the redesigned naira notes and the cash withdrawal policy, banks have been slow in dispensing the new notes, point of sales ventures have been overcharging in transacting with customers, it has been a rough beginning of the year for Nigerians.
Nigerians have expressed mixed emotions as to what CBn is trying to achieve especially when the country is lacking the best infrastructure and technology to achieve a cashless ecosystem.
After all the back and forth with the House of Representatives and the central bank of Nigeria, cbn governor, Emefiele decided to extend the deadline for returning the old naira notes to February 10, is ten days enough to push back the old naira notes back to banking vaults?
How do Nigerians feel about the entire situation?
We will also be discussing in detail:
1. Nigeria’s Central bank digital currency, Enaira
2. How we can leverage the Enaira
3. Tokenization in blockchain to restructure Nigeria’s financial ecosystem.