Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,754 members, 7,817,085 topics. Date: Saturday, 04 May 2024 at 04:07 AM

Enaira Website Goes Live, Displays CBN Digital Currency Features - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Enaira Website Goes Live, Displays CBN Digital Currency Features (527 Views)

Ethereum ‘Merge’ Officially Goes Live / E-naira Website Goes Live, Displays CBN Digital Currency Features. / CBN Partners With Bitt Inc For eNaira, Shuns Nigerian Fintech Companies (2) (3) (4)

(1) (Reply) (Go Down)

Enaira Website Goes Live, Displays CBN Digital Currency Features by valentineuwakwe(m): 4:44pm On Sep 28, 2021
The Central Bank of Nigeria’s eNaira website has gone live ahead of October 1 official launch. According to the website, www.enaira.com, “eNaira is a CB -issued digital currency that provides a unique form of money denominated in Naira.”
The CBN stated that eNaira would serve as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.

It added that eNaira had an exclusive operational structure that was both remarkable and nothing like other forms of central bank money.

“There are several benefits from a central bank-issued digital currency in Nigeria, and this cuts across different sectors of, and concerns of the economy,” it stated.

According to the CBN, the eNaira app would feature and reflect brand values centered around ease of use and efficiency while bearing in mind security.

“We have developed this App with a deeper understanding of customers, what they value, their abilities and also their limitations,” it stated.
The website explained that customers would be able to move money from their bank account to their eNaira wallet with ease; monitor their eNaira wallet, check balances and view transaction history; make in-store payment using their eNaira wallet by scanning QR codes; and send money to one another through a linked bank account or card.

It stated that the eNaira was crafted with interesting elements for modern solutions that paid keen attention to details.

According to the website, the Nigerian digital currency that would be issued and regulated by the CBN had benefits which included fast, cheap, reliable and available payment channel; supports digital economy; improved economic activities; and simplified and easy cross border payments and trade.
It also said it would ensure inclusion of excluded people in the financial system; improved effectiveness of monetary policies; ease in tax remittance and collection to support the country’s growth; and ease in targeted social interventions to support Nigerians.
During the CBN Governor, Godwin Emefiele, after the last Monetary Policy Committee meeting recently, disclosed that it would be launched on Independence Day celebration.

He said, On October 1, a Nigerian should be able to download the eNaira app either through Google play store or Apple App store, onboard themselves, fund their eNaira wallet, using their bank accounts or with cash at a registered agent.”

According to him, the eNaira launch was not going to be a one off thing, but a journey that would start on October 1.

Source: https://punchng.com/enaira-website-goes-live-displays-cbn-digital-currency-features/

Re: Enaira Website Goes Live, Displays CBN Digital Currency Features by Fahdiga(m): 4:45pm On Sep 28, 2021
If they like they can launch B naira nothing works under the lifeless
Re: Enaira Website Goes Live, Displays CBN Digital Currency Features by Penguin2: 4:46pm On Sep 28, 2021
Na to go learn hacking go sure pass now o.

Slawomiir help me run am naaa
Re: Enaira Website Goes Live, Displays CBN Digital Currency Features by Shellsploit: 4:50pm On Sep 28, 2021
Dead on arrival grin
Re: Enaira Website Goes Live, Displays CBN Digital Currency Features by Arijude(m): 5:01pm On Sep 28, 2021
Naira shitcoin grin grin grin

(1) (Reply)

I Just Earned $52.08 My First Airdrop / How ₦1650 Started Me On The Road 750k A Month! / Bigkoko Vendors Forum: Thread Where Info On Bids Are Found

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.