{"id":53343,"date":"2021-10-25T19:09:59","date_gmt":"2021-10-25T15:09:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53343"},"modified":"2021-10-25T19:10:02","modified_gmt":"2021-10-25T15:10:02","slug":"nigerian-president-launches-enaira-cryptocurrency","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nigerian-president-launches-enaira-cryptocurrency\/10\/25\/market-updates\/","title":{"rendered":"Nigerian president launches eNaira cryptocurrency"},"content":{"rendered":"\n<p>On Monday, Nigerian President Muhammadu Buhari officially introduced the country\u2019s central bank digital currency; the eNaira.<br><br>The Central Bank of Nigeria published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on 1 October<br><br>According to the design paper for the eNaira, the African nation\u2019s central bank now considers itself prepared to implement Nigeria\u2019s first crypto.<br><br>The central bank is working on a global cryptocurrency that will be used as a means of payment and a store of value in addition to replacing cash.<br><br>The bank emphasized the value of getting things right the first time and how doing so contributes to long term success for digital currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, Nigerian President Muhammadu Buhari officially introduced the country\u2019s central bank digital currency; the eNaira.The Central Bank of Nigeria published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on 1 OctoberAccording to the design paper for the eNaira, the African nation\u2019s central &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6903,7874,7873],"class_list":["post-53343","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-cryptocurrencies","tag-enaira","tag-nigeria"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53343"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53343\/revisions"}],"predecessor-version":[{"id":53400,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53343\/revisions\/53400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53399"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}