eNaira: what it is and what can be measured

Central bank digital currency, issued by Central Bank of Nigeria.

Naira issued directly by the Central Bank of Nigeria in digital form. It is the naira itself, not a token backed by it, and it runs on the central bank's own system rather than a public blockchain.

How much exists

Not measurable from a public ledger.

eNaira runs on a central bank system, not a public blockchain, so there is no public ledger to read. 20kobo shows only figures the Central Bank of Nigeria has published.

Why a Nigerian investor might care

Nigeria's own central bank money. Because there is no public ledger, everything 20kobo can show comes from what the CBN itself publishes, when it publishes it.

Information only, not advice about buying or holding anything.