According to the Global Index retail in 2022 CBDC projects have reached greater maturity levels than wholesale projects.
Research indicates more than 80% of central banks around the world are interested in launching a Central Bank Digital Currency
As at October 2021 the CBN had already launched the eNaira currency in Nigeria.
China became the first major economy to pilot a CBDC in 2020 with the digital yuan in 12 cities, including Beijing and Shanghai.
Nigeria’s eNaira is likely to spur CBDC development in countries where financial inclusion is one of the key desired outcomes.