Frontier AdoptionEvidence-graded tracking of what's actually live

Deployments · platform by Central Bank of Nigeria

Central Bank of Nigeria eNairaNew

Nigeria's retail CBDC, launched in October 2021. Use has stayed low despite millions of wallets, with transactions estimated at about 22 billion naira. In its Payments System Vision 2028, launched on 1 June 2026, the CBN plans to reposition the eNaira from a consumer app towards government-to-person payments such as salaries, pensions and welfare, with programmable features and open APIs for fintechs.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since Oct 2021[1] — Publicly available but with low adoption; being repositioned under PSV 2028. · Reviewed 13d ago

Assets
Networks
eNaira network (Hyperledger Fabric) Private, permissioned[4]
Permissioned network on Hyperledger Fabric: the CBN manages the wallets and financial institutions and other regulated firms run nodes (design paper, Oct 2021).
Use cases
Domestic payments[1]Payouts[1]Programmable payments[1]Cross-border payments[1]
Jurisdictions
Nigeria

Participants

  • Central Bank of NigeriaPlatform provider, Issuer, Operator[1]Nigeria
  • BittTechnology provider[5]Global
  • GluwaTechnology provider[6]United States
  • Guaranty Trust BankDistributor[7]Nigeria
  • Deposit money banks act as nodes on the eNaira network and as the onboarding banks customers are linked to; the design paper does not name them, and only Guaranty Trust Bank is named (its own eNaira page).[4]

Assets

Metrics

  • ~22,000,000,000 NGNCumulative eNaira transaction value · as of Jun 2026[1]
    Trade press estimate; period not stated.
  • ~18,320,000,000 NGNeNaira in circulation · as of 30 Sep 2024[3]
    From the CBN Monthly Economic Report for October 2024 as reported by Nairametrics (N18.35bn the previous month). The latest balance found; CBN 2025 reports seen in press give total currency in circulation without an eNaira split.

Timeline

  1. Happened 1 Jun 2026 · Announcement · recorded 15 Oct 2026
    CBN launches Payments System Vision 2028, which sets out to move the eNaira from pilot to a core rail for government payments.[2][1]
  2. Happened Oct 2021 (month only) · Launch · recorded 15 Oct 2026
    eNaira launched as Africa's first CBDC.[1]

Sources

  1. [1]CBN to scale eNaira for salaries, pensions and welfare payments under PSV2028 — ITEdgeNews, 15 Jun 2026. Accessed 15 Oct 2026.C
  2. [2]PSV2028 | Central Bank of Nigeria — Central Bank of Nigeria, 1 Jun 2026. Accessed 15 Oct 2026. Page confirms the launch date only; the eNaira plans are from the PDF as reported by trade press..A
  3. [3]eNaira value declined to N18.32 billion in September 2024 - CBN — Nairametrics, 14 Jan 2025. Accessed 25 Oct 2026. Reports a figure from the CBN Monthly Economic Report (October 2024)..C
  4. [4]Design Paper for the eNaira — Central Bank of Nigeria, 1 Oct 2021. Accessed 26 Oct 2026.A
  5. [5]CBN Selects Technical Partner For Digital Currency Project — Central Bank of Nigeria, 30 Aug 2021. Accessed 28 Oct 2026. Archived copy of the CBN press release; cbn.gov.ng returns an HTML wall to scripts..A
  6. [6]Nigeria, firm partner to drive eNaira adoption - CoinGeek — CoinGeek. Accessed 6 Nov 2026.C
  7. [7]eNaira | GTBank — Guaranty Trust Bank Ltd. Accessed 6 Nov 2026.B

Spotted something out of date or missing? Suggest a correction, ideally with a source.