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Nigeria Seeks Partners for Tech Revamp of Its eNaira Digital Currency

  • Central Bank is in discussions with tech firms about eNaira
  • Partner would help Nigera meet goal of controlling technology

Nigeria is in talks with potential technology partners to develop a new system to run and manage its central bank digital currency, the eNaira. 

The Central Bank of Nigeria wants to develop its own software for the digital currency so that it can keep full control of the effort, according to two people familiar with the matter who asked not to be named because the matter is confidential. It has discussed the plans — which are in the early stages — with New York-based technology firm R3, one of the people said.