Selects Barbados Based Cbdc Bitt Central Bank Nigeria Fintech Firm Project Technical Partner Review

: Designed to reduce the high cost of sending money into the country.

: A digital financial technology company based in Barbados, known for its work on the Eastern Caribbean Central Bank's "DCash". 🎯 Project Goals : Designed to reduce the high cost of

: The Central Bank of Nigeria (CBN) chose Bitt Inc. to build its digital currency. Nigeria's sovereign digital currency.

: Aimed to bring millions of unbanked Nigerians into the formal financial system. : Designed to reduce the high cost of

: The CBN officially announced Bitt as the partner in August 2021.

Here are the key details surrounding this partnership and the launch of the eNaira: 🪙 The Partnership

: The project resulted in the creation of the eNaira, Nigeria's sovereign digital currency.