#PI# #PI# Nigeria launches digital token Naira "very capable"

In the wave of global digital economic transformation, Nigeria has taken an important step by launching the digital token Naira "very good", which is the first fully digital "very good" based on the web3 network in the community. This release marks a critical moment in the web3 network ecosystem, showcasing the true utility of digital tokens and driving substantial innovation in Africa's financial sector. The vision at the inception of Naira Bank was to combine blockchain technology with the real financial needs of Nigeria's large population, providing deposit services, loans, agricultural product markets, and digital token ATM cards to enable seamless digital transactions and payments for goods and services nationwide. Customers of the digital token Naira "very good" can access a range of financial services with an initial deposit balance of 1,000 digital tokens, including savings with an annual yield of 5%, digital token-supported commercial loans, and participation in a comprehensive market for buying and selling agricultural products and land using digital tokens. Its collaboration with efenexusp further enhances the utility of Naira Bank, facilitating smooth trading of digital assets, allowing Nigeria's pioneering users to trade and grow their digital assets efficiently and securely.