President Muhammadu Buhari will on Monday, 25th of October,2021, unveil the Central Bank of Nigeria !CBN) digital currency known as e Naira.
According to a statement signed by Osita Nwanisobi,CBN’s Director Corporate Communication, “the launch of the eNaira is a culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payment systems in order to make financial transactions easier and seamless for every strata of the society. Following series of engagements with relevant stakeholders including the banking community, fntech operators , merchants, and indeed,a cross section of Nigerians, the CBN designed the digital currency which shall be activated on Monday, October 25,2021.
” The eNaira therefore marks a major step forward in the evolution of money and the CBN is committed to ensuring that the eNaira, like the physical naira is accessible by everyone.
” Given that the eNaira is a journey, the unveiling marks the first step in that journey.which will continue with a series of further modifications, capabilities and enhancements to the platforms.The CBN will continue to work with relevant patners to ensure a seamless process that will benefit every user ,particularly those in the rural areas and the unbanked population.
” Since the eNaira is a new product, and amongst the first CBDCs in the world,we have put a structure to promptly address any issue that might arise from the pilo implementation of the eNaira.
” Accordingly, following Monday’s launch by the president, the bank will further engage various stakeholders as we enter a new age consistent with global financial advancement.
” The theme of the eNaira is” Same Naira,more possibilities”
The statement urged the public to visit the website- www enaira.gov.ng to explore the benefits of the eNaira
