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e-Naira: Africa’s First Central Bank Digital Currency

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By Ahmed Dodo The Central Bank of Nigerian recently piloted the launch of eNaira on Monday 25 October 2021, setting a record, and making Nigeria the first country in Africa to launch its own central bank digital currency. It was a historical moment as Nigeria launched Africa’s first Central Bank Digital Currency (CBDC) The event was unveiled by President Muhammadu Buhari who could not hide his excitement during the unveiling at the State House. He pointed out that alongside innovation; the adoption of a CBDC could improve economic activities and increase Nigerian GDP by $29bn over the next 10 years. A visibly elated Buhari said. ‘’ I am delighted to officially launch the Central Bank of Nigeria digital currency called the eNaira. And in so doing we have become the first country in Africa and one of the first in the world to introduce a digital currency to our citizens.’’ The launch of the eNaira by Nigeria propelled its status positively to the world and demonstrated the country’s w...

What is wrong with Americans?

src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1Bc0zdCnGSwjJI2lpFOaTg4xkmZHnaP3o4Po_bNLhx4seOTs5spqgKMfIM2WwCN7NCPCDCB1yLNE2rl91rxqKW0kVYefmGm1t5nf1JGWkPl1SE-fEW9Uunkc6WYqI-mlkuRDatPm4IiA4LyO3arYr5Kdw65c7dNnnDD1XyM47S-249cfaacwFEVH0Edo/s320/Donald%20Trump%20%20image%20credit%20Vroque%20vector.jpg" width="207" /> By Ahmed Dodo Excuse my headline but the writer in me consciously believed it to be the right words to convey my message clearly to the American public. As an African writer who has long been a keen fan and follower of the American socio-economic and political development over the decades and has a broad view of the American Revolution and its historic civil war.  I believe I equally have an extensive knowledge of what this great nation stands for and its indisputable contribution to liberty and democracy across the world.  So, for that reason, I found it crazy that a nation that produced some of the most resilient and famous politica...

Ahmed Dodo: …And Death stole my Mother

Ahmed Dodo: …And Death stole my Mother :   By Ahmed Dodo    Death stole into my life on the 10 th , April, 2024 in its habitual unannounced nature and cogently stole my MOTHER a...

…And Death stole my Mother

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  By Ahmed Dodo    Death stole into my life on the 10 th , April, 2024 in its habitual unannounced nature and cogently stole my MOTHER away. On this unforgettable day, I lost my most precious and unquantifiable jewel at the time Muslims across the world were celebrating the Eid-el-fitri (Small Sallah) after the holy month of Ramadan.  Her death was painful, but my solace in Almighty Allah as the owner and giver of everything under the sun reinforced my faith, cheered up my broken heart  and spurred  me  more into submission to the power of the creator who always decides when and where it will always Be!.   My mother Malama Hauwawu  Aliyu  Umar was God’s light in my life. She was the full space that occupied all my striving and all the vanity treasure I ever owned, dream to own and planned to own. She was the positive element that daily spurred me to go forward and the soft voice that always propelled me to be patient and be kind....