The central bank of nigeria governor, godwin emefiele, has disclosed that from next week, nigerians would be able to transact on enaira wallet through the unstructured supplementary service data. Press release. october 2021president muhammadu buhari is scheduled to formally unveil the nigerian central bank digital currency (cbdc), known as the enaira, on monday 25 october 2021, at the state. use, abuja. the launch of the enaira is a culmination of several years of research work by the central bank of nigeria in advancing the boundaries.
The central bank of nigeria (cbn) then partnered with bitt, a fintech company based in barbados, to develop enaira. the main objectives for developing enaira were to improve the availability and access to central bank money, support a resilient payments system, encourage financial inclusion, and reduce the cost of processing cash. furthermore. As part of activities lined up to mark the first anniversary of the enaira, the central bank of nigerian is holding a one day workshop themed “leveraging innovation for inclusive growth and development: the enaira advantage” scheduled to take place on tuesday october 25, 2022 at the eko hotel and suites, victoria island, lagos. Enaira. enaira is a central bank digital currency (cbdc) backed by law, the full sovereignty of nigeria, issued by the central bank of nigeria as a legal tender. it is the digital form of the naira and is used just like cash. the enaira wallet is a digital storage that holds the enaira. the enaira wallet is required to access, hold and use enaira. In august 2022, the central bank of nigeria initiated the second phase of enaira’s development, aiming to expand the user base to 8 million. since october 2022, the number of enaira wallets has.
Enaira. enaira is a central bank digital currency (cbdc) backed by law, the full sovereignty of nigeria, issued by the central bank of nigeria as a legal tender. it is the digital form of the naira and is used just like cash. the enaira wallet is a digital storage that holds the enaira. the enaira wallet is required to access, hold and use enaira. In august 2022, the central bank of nigeria initiated the second phase of enaira’s development, aiming to expand the user base to 8 million. since october 2022, the number of enaira wallets has. “the cbn, therefore, encourages nigerians to be part of the celebration which shall be streamed live on the bank’s social media channels as well as those dedicated to the enaira,” the cbn. Isa abdulmumin, the central bank of nigeria's (cbn) acting director, public communications department, has said the old and new naira notes are now legal tenders. although the cbn is yet to issue a statement, abdulmumin assures nigerians that they can start spending old naira notes. however, most traders are yet to start accepting old naira notes.
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