Nigerians Can Only Withdraw $45 a Day from ATMs as Country Tries to Boost Adoption of Flagging CBDC | CoinMarketCap

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Nigerians Can Only Withdraw $45 a Day from ATMs as Country Tries to Boost Adoption of Flagging CBDC | CoinMarketCap
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cryptonews: Nigerians can now only withdraw $45 a day from ATMs — with officials attempting to boost adoption of its flagging central bank digital currency.🇳🇬

Nigerians can now only withdraw $45 a day from ATMs — with officials attempting to boost adoption of its flagging central bank digital currency.

A new directive has ordered banks to impose the withdrawal limits, with citizens and corporations encouraged "to use alternative channels… to conduct their banking transactions" — including internet banking, mobile banking apps, USSD quick codes and the eNaira. By August, just 840,000 people had used the eNaira and only 240,000 were active users, the CBN reported. It announced a goal of eight million.

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