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Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries

Nigerians are protesting the African country's digital currency and demanding renewed access to paper money, despite government incentives.

Updated Jun 14, 2024, 5:58 p.m. Published Mar 6, 2023, 5:56 p.m.
Nigerians waiting to withdraw naira banknotes (Benson Ibeabuchi/Getty Images)
Nigerians waiting to withdraw naira banknotes (Benson Ibeabuchi/Getty Images)