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Nairaland Forum / Nairaland / General / Politics / President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) (32713 Views)
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Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Nobody: 11:49pm On Oct 23, 2021 |
ElixExo:Okay ,thanks |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by treasure231(m): 11:50pm On Oct 23, 2021 |
Dead on arrival |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by doggedfighter(f): 11:50pm On Oct 23, 2021 |
Lastmankc: Chop knuckle, I am female 1 Like |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by CryptoPornster(m): 11:54pm On Oct 23, 2021 |
Make we see the outcome (by this time next year). If you ask me, enaira go end up to be trash *shior* |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Zobah: 12:01am On Oct 24, 2021 |
Zobah:What about inflation? The street definition of inflation is too much cash chasing too few goods; however, not all inflation is this simple. Coins in Nigeria are scarce; thus, most merchants round up their prices to match with available currency, usually notes. This rounding up induces an artificial rise in prices because any cost-push does not cause the price hike but other factors, for example, selling eggs for N100 instead of N88. With the e-Naira, it becomes possible to transfer the exact cash price in the marketplace, especially in rural areas. This reduces the possibility of “round-up inflation.” The e-Naira can be the ECOWAS currency The e-Naira can be used by any two parties who can credit a Nigerian banking institution with corresponding currency. This means a trader banking with UBA in Burkina Faso can settle his import bills from the Gambia using e-Naira. This will be the next level of the rollout. The financial institutions and FINTECH start to build out an ecosystem with eNaira as the base product. The e-Naira helps the financially excluded The e-Naira will also bring in the vast majority of the unbanked Nigerians who have no bank account but have a phone into the formal financial economy. With the e-Naira, salary payments and payments for goods and services can be concluded. A plumber can accept payments on his phone, store them in his wallet, and make transactions with any vendor. What are the risks? Data security. The e-Naira is online, the BVN and NIN information is also online, the risk of malicious actors attempting to hack or gain access to the data is very low. The process of minting and burning eNaira tokens by the CBN has to be top-notch. Overall, it’s a plus to the Nigerian economy, and it’s a positive progression towards a cashless society, with lower costs, and higher productivity. Join us on Telegram channel C.R.Y.P.T.O.N.G as teach the opportunities in e-naira Sunday, October 24th, 2021 Time: 15:00pm 4 Likes 1 Share |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Zobah: 12:03am On Oct 24, 2021 |
Khaysee:It's on binance already |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Yankee101: 12:05am On Oct 24, 2021 |
Inflation loading Buhari wants to finish naija |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Lugianostar(m): 12:06am On Oct 24, 2021 |
What a ridiculed adventure ?? 1 Like |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by drealcivilceno(m): 12:06am On Oct 24, 2021 |
TarOrfeeek: Who will tell him that... The same people, that concocted this mess and smiled when he approved it. See, he is just a face for the atrocities committed in this country. He is an executive, to execute whatever nonsense that is available on the table. The legislative is the real mess, trust me! |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Zobah: 12:06am On Oct 24, 2021 |
Tetrahedron:CBN compensated them |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by crafteck(m): 12:13am On Oct 24, 2021 |
To unveil what he doesn't understand |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Crochet: 12:20am On Oct 24, 2021 |
Hmm |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by MeinFuhrer: 12:21am On Oct 24, 2021 |
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Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Lastmankc(m): 12:22am On Oct 24, 2021 |
doggedfighter:Hmmmm,so you be babe? 3 Likes
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Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by WeRblessed(f): 12:26am On Oct 24, 2021 |
Nigerians have to wake up. Have you ask what the Turkey president came to do in Nigeria? Nigeria now is on page #3 of Obadiah Mailafia's exposition about Fulani agenda. Page #4 will start in December 2021, and they will invade SW and Abuja, start killing prominent people and politicians. They are already in SE, but ESN will prevail them. They will also start sending mercenaries to kill and burn down churches starting from Lagos, Asaba, and Port Harcourt Buhari will never proscribe Bandits because he brought them in to assist the armies carry out the killing that is getting ready to start. To put fear on the Christian southerners. By page #5 they will tell you that if you want to live you must convert to Islam. The only way to stop Buhari's Agenda is by the Igbos declearing Biafra and Oduduwa the same, if not million will die or convert to Sharia Islam. United Nation will tell you to stop the violence and make peace with them. Before Buhari leave office he will ban America and Europe from Nigeria. Only China, Russia, and Islamic nations shall be allowed. Funny enough Nigerians don't know what the time is. 1 Like |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Murphyenemuwe: 12:40am On Oct 24, 2021 |
Very nonsense man NwekeUG: |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by DoctorStylish: 12:55am On Oct 24, 2021 |
Illiterate wey become president. Rotten piece of vegetable wan unveil enaira . This man sha |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by jaxxy(m): 1:04am On Oct 24, 2021 |
Crowwejihadist: I just don’t understand what’s its going to achieve unless we are saying it’s going to act just like fiat naira to reduce the no of notes we print and circulate. Perhaps another step closer to real cashless policy. It will definitely have a trail tied to ur Ewallet or account. Sadly it won’t improve the economy or naira value. At best reduce printing costs. Misplaced priority and cluelessness. |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by chaloskyx: 1:07am On Oct 24, 2021 |
GUES WHAT E NAIRA IS GOING TO CRASH BEFORE 2023 NO BE BUBU AND HIS INCOMPETENT MINISTERS YOU JUST WATCH |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Bam2018: 1:16am On Oct 24, 2021 |
Please can someone tell me the gain for the e naira |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by koolaid87: 1:27am On Oct 24, 2021 |
Crowwejihadist: So digital currencies cannot be traced? Must you comment? |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Adakintroy: 2:14am On Oct 24, 2021 |
Nigerians are rude disrespectfull and arrogant to leadership. Rather than say now that Jonathan did well. They say buhari is more stupid than him..meaning both are stupid. It's this kind of arrogance that will keep them station that even when good leaders come they insult them away. This youth are childishly arrogant. 1 Like |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by yusluvad(m): 2:30am On Oct 24, 2021 |
Lol. You don't mean it... Fahdiga: |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by gideonmcdare(m): 2:33am On Oct 24, 2021 |
Okay NwekeUG: |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Poiu11: 2:53am On Oct 24, 2021 |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by MASTERMIND04(m): 3:12am On Oct 24, 2021 |
doggedfighter: |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by valoky22(m): 3:19am On Oct 24, 2021 |
A man that is barely aware of his existence to launch eNaira? |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Bifwoli: 3:29am On Oct 24, 2021 |
Crowwejihadist:So you have no faith/belief/confidence in your country Nigeria ? Those who built America ,China, Japan ,Singapore into world powerhouses had lots of "can do attitude" in their own nation's destiny. |
Re: President Buhari To Unveil eNaira On Monday 25 October 2021 (Photo) by Tonytonex(m): 3:30am On Oct 24, 2021 |
He should first of all return the value of the Naira to where he met it in 2015. Clueless government. |
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