Sign in
Download Opera News App

News Politics

 

Politics

 

Nigeria politics

President Buhari Set To Unveil CBN's eNAIRA Tomorrow

According to "THISDAY News, President Muhammadu Buhari, will tomorrow (Monday) formally launch the Nigerian Central Bank Digital Currency (CBDC) known as the eNaira, at the State House, Abuja.

The unveiling of the much- anticipated electronic money, had been delayed partly to allow for the country's 61st Independence celebration, according to the CBN.

According to a statement disclosed by Nwanisobi, CBN's Director, Corporate Commissioner, he said that the launch of the ENaira is a culmination of several years of research work by the central bank in advancing the boundaries of the payment system to make financial transaction easier, and seamless for every strata of the society.

According to the bank, the eNaira marks a major step forward, in the evolution of money as well as the CBN's comittment, to ensuring that the digital currency like the physical naira is accessible to everyone.

Quoting From Nwanisobi's Own Statement As Related To The News:


"The CBN will continue to link with relevant partners, to ensure seamless process that will benefit every user, particularly, those in the rural areas, and the unbanked population.

Content created and supplied by: MarkWitness (via Opera News )

Abuja CBN Nwanisobi State House THISDAY News

COMMENTS

Load app to read more comments