The nation’s apex bank, Central Bank of Nigeria (CBN) has rolled out eNaira, which is Nigeria’s first digital currency.
The digital currency has two applications which are eNaira speed wallet and eNaira merchant wallet.
The two apps were rolled out on Google playstore and Apple store, according to checks by TheCable on Monday.
The CBN Governor, Godwin Emefiele in a conference at the beginning of the month, promised that the country would start digital Naira currency.
Emefiele had announced plans to launch Nigeria’s digital currency this year after the Nigeria government barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.
He had previously said the eNaira would operate as a wallet against which customers could hold existing funds in their bank accounts, and that this would accelerate financial inclusion and enable cheaper and faster remittance inflows.
“The CBN and other partners were working round the clock to ensure a seamless process that will be for the overall benefit of the customer,” he had said.
He said this would make Nigeria “one of the first countries in Africa, and indeed the globe, to adopt the digitisation of its national currency.”
- Osun Remains One Of Cleanest States In Nigeria-Govt
- Travel Ban: British ban Nigeria is discrimination, we will retaliate – Lai Mohammed
- N-Power Batch C-Steam 1 – Authority To Commence Unscheduled Visit To Osun
- 2023: ‘I won’t Disappoint You By Not Running’ — Gov Bello Assures Kebbi, Sokoto Stakeholders
- FG Hails Osun Govt On Giant Strides Towards Developing Mineral Potentials
News3 days ago
Riot Broke Out In Osogbo As Police Allegedly Kill Driver
News2 days ago
Federal College Staff In Trouble For Allegedly Raping Student
News4 days ago
Akin Ogunbiyi Bags OAU Distinguished Alumnus Award
News4 days ago
APC Didn’t Win 2018 Guber Election In Osun – Lasun Yussuf Alleges, Says Nobody Can Stop His 2022 Gov Ambition