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Nigeria Becomes First African Nation to Launch Digital Currency

Africa’s largest economy and the most populous nation now has its own cryptocurrency called Enaira. Nigeria is the first African nation to launch a digital currency, making it possible for people who are unbanked or those with bad or no credit to be able to buy things with digital money. Nigeria is Africa’s richest nation and a trendsetter in financial innovation for underserved people. Kelly Wright and Nayyera Haq discuss the groundbreaking financial currency on “The World Tonight.” Efosa Ojomo, the director for the Clayton Christensen Institute for Disruptive Innovation, joins them to discuss the launch of Enaira.

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