Bola146:
I need edollar please

post=107066148:
Anything to move our darling nation forward is all we want.

Many sane and hardworking Nigerians are optimistic as Africa's largest economy gears up to launch the continent's first central bank-backed digital currency, the eNaira.
Authorities hope to tap into the popularity of cryptocurrency so it can better monitor digital currency transactions, curb black market trading in the paper naira and also help integrate millions of Nigerians into banking.

It is going to make cross border payments easier and it is going to make it easier for the naira to be widely used and accepted.
So, Nigeria is gradually getting to the point where cryptocurrency is seen as an unstoppable force."

The eNaira will promote blockchain technologies like cryptocurrency, which Central Bank authorities banned in back in February, citing its volatility and investment risk for citizens.

The CBN then promised to provide a safer alternative - the eNaira.
Authorities and experts say the eNaira will ease monetary transactions and improve long-term value for Nigeria's currency, compared to its paper counterpart, which has hit its lowest value since 2003.
The CBN also says the eNaira saves on printing and distribution costs for cash.

The eNaira will also help address money laundering and corruption.
Everything built on blockchain is very safe and secure.
Another thing again is it's universal, parts of the benefits they intend to achieve with the eNaira is it will be used for both international and local trade and also it's going to be to fight corruption,.


A better Nigeria is all we want.
Nigeria will be great again in our lifetime.
God bless Nigeria.

Esseite:
This is a good initiative... it would reduce the request for dollar by a notch..

Can the Enaira be used for global transactions at the CBN rate?

dheaven:
Why ban crypto and be using the same blockchain technology in eNaira?

Onnasucs1:
What's the difference between my normal bank account and the e-naira app?

nedekid:

Kindly explain how enaira will reduce the request for dollar by a notch?

MrOON:
I have some questions.


1. What's the difference between this e-naira and the soft naira i transfer to my clients for business using ussd or bank app?

2. Is E-NAIRA mineable like some other cryptos?

3. Is this the 1 dollar 1 e-naira = 1 naira, APC promised Nigerians?

southpole:

enaira is not a crypto currency it is only a digital currency. enaira is not mineable.

nedekid:

Abi oh.
OK. Maybe it's just like everybody having account with just 1 bank and not the present situation where we all have account with different ones.
Guess it eliminates interbank charges or greatly reduces it. It should also make for faster transactions.
Can't think of anything else.

Esseite:


It almost replaces the use of dom accounts.. if it pegs transactions at CBN official rates, it kills the BDC markets or automatically returns unofficial rates to only two dollar difference.

Righthussle:
Where can I have the app

obembet:


Then this will affect banking business in Nigeria

Esseite:
This is a good initiative... it would reduce the request for dollar by a notch..

Can the Enaira be used for global transactions at the CBN rate?

Onnasucs1:
What's the difference between my normal bank account and the e-naira app?

Winters23:


eNaira does not run on any blockchain, its not different from kuda and other bank apps.

obembet:


Then this will affect banking business in Nigeria

Olayetan:


lemme state the difference to my knowledge, with eNaira, you can initiate transactions to other eNaira users in the world, maybe your brother in US who uses eNaira wants to transfer money to you, you don't have to have domiciliary account before he can send directly to you.

you can operate the app between users globally without bank hassles

chatinent:
You can't even register peacefully.

redcliff:


can that brother load his account from anywhere in the world without having it pass through a nigerian bank account to his enaira wallet? una dey make me laugh.

post=107066148:
Anything to move our darling nation forward is all we want.

Many sane and hardworking Nigerians are optimistic as Africa's largest economy gears up to launch the continent's first central bank-backed digital currency, the eNaira.
Authorities hope to tap into the popularity of cryptocurrency so it can better monitor digital currency transactions, curb black market trading in the paper naira and also help integrate millions of Nigerians into banking.

It is going to make cross border payments easier and it is going to make it easier for the naira to be widely used and accepted.
So, Nigeria is gradually getting to the point where cryptocurrency is seen as an unstoppable force."

The eNaira will promote blockchain technologies like cryptocurrency, which Central Bank authorities banned in back in February, citing its volatility and investment risk for citizens.

The CBN then promised to provide a safer alternative - the eNaira.
Authorities and experts say the eNaira will ease monetary transactions and improve long-term value for Nigeria's currency, compared to its paper counterpart, which has hit its lowest value since 2003.
The CBN also says the eNaira saves on printing and distribution costs for cash.

The eNaira will also help address money laundering and corruption.
Everything built on blockchain is very safe and secure.
Another thing again is it's universal, parts of the benefits they intend to achieve with the eNaira is it will be used for both international and local trade and also it's going to be to fight corruption,.


A better Nigeria is all we want.
Nigeria will be great again in our lifetime.
God bless Nigeria.

Esseite:


It almost replaces the use of dom accounts.. if it pegs transactions at CBN official rates, it kills the BDC markets or automatically returns unofficial rates to only two dollar difference.

nedekid:

Me too

dheaven:
Why ban crypto and be using the same blockchain technology in eNaira?