CBN pivots eNaira strategy to focus on payment infrastructure

💡Learn how a national digital currency is shifting to an API-driven payment infrastructure for developers.
⚡ 30-Second TL;DR
What Changed
CBN unveiled the Payments System Vision (PSV) 2028 strategy on June 1.
Why It Matters
This pivot suggests a move toward API-first financial infrastructure, which may open new integration opportunities for fintech developers in the region.
What To Do Next
If you are building fintech solutions in Africa, monitor the CBN's PSV 2028 documentation for upcoming API specifications for eNaira integration.
Key Points
- •CBN unveiled the Payments System Vision (PSV) 2028 strategy on June 1.
- •eNaira will transition from a standalone wallet to a core payment infrastructure.
- •The shift aims to address previous adoption struggles by integrating into broader payment ecosystems.
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Original source: TechCabal ↗
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