{"id":"https://openalex.org/W3206334338","doi":"https://doi.org/10.1108/s1569-37592022000109a008","title":"Central Bank Digital Currency in Nigeria: Opportunities and Risks","display_name":"Central Bank Digital Currency in Nigeria: Opportunities and Risks","publication_year":2022,"publication_date":"2022-08-30","ids":{"openalex":"https://openalex.org/W3206334338","doi":"https://doi.org/10.1108/s1569-37592022000109a008","mag":"3206334338"},"language":"en","primary_location":{"id":"doi:10.1108/s1569-37592022000109a008","doi":"https://doi.org/10.1108/s1569-37592022000109a008","is_oa":false,"landing_page_url":"https://doi.org/10.1108/s1569-37592022000109a008","pdf_url":null,"source":{"id":"https://openalex.org/S4210191129","display_name":"Contemporary studies in economic and financial analysis","issn_l":"1569-3759","issn":["1569-3759"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Studies in Economic and Financial Analysis","raw_type":"book-chapter"},"volume":{"id":"https://openalex.org/W4293570567","display_name":"The New Digital Era: Digitalisation, Emerging Risks and Opportunities"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5048973657","display_name":"Peterson K Ozili","orcid":"https://orcid.org/0000-0001-6292-1161","observed_orcids":["https://orcid.org/0000-0001-6292-1161"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Peterson K. Ozili","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5048973657"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":86.1131,"has_fulltext":false,"cited_by_count":47,"citation_normalized_percentile":{"value":0.99944092,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":100},"biblio":{"volume":null,"issue":null,"first_page":"125","last_page":"133"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.6425999999046326,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.6425999999046326,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.15629999339580536,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.13279999792575836,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/central-bank-digital-currency","display_name":"central bank digital currency","score":0.9990000128746033},{"id":"https://openalex.org/keywords/enaira","display_name":"eNaira","score":0.9909999966621399},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.6650000214576721},{"id":"https://openalex.org/keywords/monetary-policy-transmission","display_name":"monetary policy transmission","score":0.8650000095367432},{"id":"https://openalex.org/keywords/financial-inclusion","display_name":"financial inclusion","score":1.0},{"id":"https://openalex.org/keywords/digital-illiteracy","display_name":"digital illiteracy","score":0.9559999704360962},{"id":"https://openalex.org/keywords/cyberattacks","display_name":"cyberattacks","score":0.8849999904632568},{"id":"https://openalex.org/keywords/data-theft","display_name":"data theft","score":0.9490000009536743},{"id":"https://openalex.org/keywords/role-of-banks","display_name":"role of banks","score":0.8240000009536743}],"concepts":[{"id":"https://openalex.org/C48220719","wikidata":"https://www.wikidata.org/wiki/Q10836209","display_name":"Digital currency","level":3,"score":0.9135982990264893},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.6925540566444397},{"id":"https://openalex.org/C2780589280","wikidata":"https://www.wikidata.org/wiki/Q240532","display_name":"Fiat money","level":3,"score":0.5946500897407532},{"id":"https://openalex.org/C2779251847","wikidata":"https://www.wikidata.org/wiki/Q60852","display_name":"Financial inclusion","level":3,"score":0.5912672281265259},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.5375823974609375},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5013604164123535},{"id":"https://openalex.org/C122941539","wikidata":"https://www.wikidata.org/wiki/Q10836209","display_name":"Electronic money","level":3,"score":0.490665078163147},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.4587787091732025},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4480828642845154},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.40228569507598877},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36574292182922363},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.3378390073776245},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.19316893815994263},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.18029996752738953}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/s1569-37592022000109a008","doi":"https://doi.org/10.1108/s1569-37592022000109a008","is_oa":false,"landing_page_url":"https://doi.org/10.1108/s1569-37592022000109a008","pdf_url":null,"source":{"id":"https://openalex.org/S4210191129","display_name":"Contemporary studies in economic and financial analysis","issn_l":"1569-3759","issn":["1569-3759"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Studies in Economic and Financial Analysis","raw_type":"book-chapter"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Reduced inequalities","id":"https://metadata.un.org/sdg/10","score":0.800000011920929}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":6,"referenced_works":["https://openalex.org/W2753070129","https://openalex.org/W2808726793","https://openalex.org/W2891059113","https://openalex.org/W3122159891","https://openalex.org/W3132864338","https://openalex.org/W3166911177"],"related_works":["https://openalex.org/W4402819185","https://openalex.org/W4312695577","https://openalex.org/W4376627036","https://openalex.org/W7084502433","https://openalex.org/W4391552641","https://openalex.org/W4322748987","https://openalex.org/W4400322450","https://openalex.org/W7222042944","https://openalex.org/W4392551045","https://openalex.org/W7047933698"],"abstract_inverted_index":{"Purpose:":[0],"Nigeria":[1,74],"is":[2],"the":[3,38,44,51,56,62,100,114,118],"first":[4],"African":[5],"country":[6],"to":[7,28,60,73,113],"issue":[8],"a":[9,25,106,128],"central":[10],"bank":[11],"digital":[12,17,91,124],"currency":[13,125],"(CBDC)":[14],"or":[15],"fiat":[16,123],"currency.":[18],"The":[19,68],"eNaira":[20],"CBDC":[21,45,71,108],"was":[22],"issued":[23],"as":[24,50,127],"money":[26],"equivalent":[27],"be":[29],"used":[30],"along":[31],"with":[32],"paper":[33],"Naira.":[34],"This":[35,53,110],"chapter":[36,54,111],"identifies":[37],"features,":[39],"opportunities":[40,63,69],"and":[41,64,83,99,120],"risks":[42,65,89],"of":[43,66,103,122],"in":[46,105],"Nigeria,":[47],"also":[48],"known":[49],"eNaira.Method:":[52],"uses":[55],"discourse":[57],"analysis":[58],"method":[59],"assess":[61],"CBDC.Findings:":[67],"which":[70],"present":[72],"include":[75,90],"improved":[76],"monetary":[77],"policy":[78],"transmission,":[79],"convenience,":[80],"efficient":[81],"payments":[82],"increased":[84,93],"financial":[85],"inclusion.":[86],"Some":[87],"identified":[88],"illiteracy,":[92],"propensity":[94],"for":[95],"cyber-attacks,":[96],"data":[97],"theft":[98],"changing":[101],"role":[102],"banks":[104],"full-fledged":[107],"economy.Originality:":[109],"contributes":[112],"literature":[115],"by":[116],"evaluating":[117],"pros":[119],"cons":[121],"such":[126],"CBDC.":[129]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":20},{"year":2023,"cited_by_count":14},{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-10-25T00:00:00"}