Latest News in Nigeria
Naira instability: BRGIE announces establishment of Biafracoin
The Prime Minister Biafra Republic Government in Exile, Mazi Simon Ekpa, announced that Biafrans have voted to establish Biafra digital currency, known as Biafracoin, amid the Naira crisis.
The Finnish-based lawyer, Ekpa, disclosed this on Wednesday in a statement through his official X handle.
The adoption of Biafracoin comes following the recent establishment of the Biafra Digital Currency Act 04/2024, which empowers the government to provide digital currency to Biafrans through Biafra Coin.
According to him, the value of 1 Biafracoin is equal to 1 US Dollar.