https://en.wikipedia.org/wiki/ENaira
So Nigeria was one of the first to be able to try out CBDCs.
https://www.cbn.gov.ng/currency/enaira.asp
And it failed miserably.
Here are nearly 3 year old articles: basically the foreplay
Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban
Crypto communities world-wide have found ways around government bans, and Nigeria is no exception.
Out of control and rising: why bitcoin has Nigeria’s government in a panic
As leaders around the world grapple with cryptocurrencies, what happened when the African country tried to ban them?
And now the more interesting:
only 1 year old:
The Nigerian Election And Naira Crisis Are Fueling Bitcoin Adoption
and this article is very recent:
Nigeria’s government is blaming Binance for its own mismanagement
Nigeria's currency is collapsing because of financial mismanagement. Now, two Binance employees have been entangled in the government's search for scapegoats.
Very spicy :D
Authorities then accused Binance of moving $26 billion out of the country illegally, and invited Binance to send employees to discuss the issue. Binance thus sent two staffers — Tigran Gambaryan and Nadeem Anjarwalla. Nigerian authorities responded by placing them under house arrest. Anjarwalla has escaped, but Gambaryan — an American citizen and former IRS agent — is still in the country. Both men now face charges that include tax evasion, money laundering and providing financial services without a license.
Oh boy
https://cointelegraph.com/news/nigerian-government-blames-binance-for-its-own-mismanagement
