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The e-Naira will be created independently of bank accounts. Nigeria plans to launch its own crypto currency called the e-naira in October its central bank governor said on Tuesday. Tsp4jbmr51e4tm The digital naira would be issued by the Central Bank of Nigeria and held directly in the digital wallets of Nigerians. E naira . It will not grow in value like Bitcoin or other crypto currencies but it will function the same way the Naira does. The digital currency would be. It will not grow in value like Bitcoin or other crypto currencies but it will function the same way the Naira does. The detailed presentation sent to Nigerian banks on the e-Naira project mentioned that it will have a transaction limit for customers non-interest-bearing CBDC status and an account value limit. E-Naira which was created to facilitate digital transactions does not need to be backed with physical cash. According to the CBN the e-Naira is a digital currency to be issued by the Nigerian government w...