The value of Nigeria’s central bank digital currency (CBDC) transactions surged by 63% to $47.7 million (₦22 billion) while about 13 million e-naira wallets have been downloaded since Oct. 2022, the Nigerian central bank governor has said. Addressing local journalists on March 21, Governor Godwin Emefiele also revealed that the currency in circulation dropped from over $6.9 billion (₦3.2 trillion) seen in Sept. 2022 to around $2.2 billion (₦1 trillion).