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BREAKING: Nigeria’s E-naira Platform Goes Live

Adam PR by Adam PR
September 27, 2021
in BUSINESS
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BREAKING: Nigeria’s E-naira Platform Goes Live
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The official website for the Central Bank of Nigeria’s digital currency, eNaira has gone live.

The development is coming exactly a week to the planned launch of the initiative.

The digital currency website, www e-naira.com was activated by the CBN on Monday.

According to DAILY GIST analytics, the website has recorded over one million hits in the last 24-hours.

The traffic which has been spotted on the website shows the level of interest in digital currency.

The website promises easier financial transactions for users of eNaira, offers opportunities for peer-to-peer payments gwhich allows users to send money to one another through a linked bank account or card.

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It allows customers to move money from their bank account to their eNaira wallet with ease; can monitor their eNaira wallet, check balances and view transaction history; and make in-store payments using their eNaira wallet by scanning QR codes.

Interested persons can also scan the QR Code on the website to get started.

The Governor of CBN, Mr Godwin Emefiele, had earlier disclosed that the eNaira will launch on October 4, 2021, due to the Independence Day of Nigeria.

“The central bank would not want the event to take the shine away from the Independence celebration,” he said.

“We are going to be the first country in Africa to launch a digital currency. It is a novel idea because we think it will facilitate trade, Nigeria being the biggest economy in Africa, this will set the tone to tell Africa that we are ready to lead and we would indeed lead in trade and we would make sure that happens.

“Between all central bankers in ECOWAS, we are already working on certain collaboration to make trade, payment and banking system integrate in such a way to set example on the African Continental Free Trade Area (AfCFTA),” he added.

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