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Nairaland Forum / Nairaland / General / Business / Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits (34484 Views)
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Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by BigCabal: 11:41pm On Sep 01, 2021 |
The Central Bank of Nigeria (CBN) has released new guidelines on how a state-backed digital currency (e-Naira) will be regulated, designed, and issued. The Central Bank Digital Currency (CBDC) is on schedule to be launched on the 1st of October. Source: https://techcabal.com/2021/08/30/cbn-issues-e-naira-guidelines/ 13 Likes 3 Shares
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Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by FarahAideed: 11:45pm On Sep 01, 2021 |
These are just wallets na ...This is beautiful nonsense for a CBN 162 Likes 10 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Quickest36: 11:48pm On Sep 01, 2021 |
Lol |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by nosiebaba(m): 12:07am On Sep 02, 2021 |
If the equivalent of e-naira is the same as naira then all this is just like opening another bank account. If the can wants people to embrace this move they should make 1 enaira equal to 100 naira. Boom every one will rush in 143 Likes 7 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 12:22am On Sep 02, 2021 |
If the money is free and is using distributed ledger, then I can spend it if transferred to me for free. Cos I wont change my naira to e-naira nor accept it as legal tender. It is all numbers on a database, so why should I trust it? 40 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by miniziter(m): 4:37am On Sep 02, 2021 |
Dem wan pursue POS enter House abi? 55 Likes 2 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by AngelHoly(m): 4:37am On Sep 02, 2021 |
Una just wake up when our eyes are already open To make use of that wallet na dead trap cos I don't trust buhari and his cabinet Thanks to kuda,piggyvest,mint money and the rest 64 Likes 3 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Drsnives(m): 4:37am On Sep 02, 2021 |
Cbn should go and sleep 7 Likes 2 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Lexusgs430: 4:38am On Sep 02, 2021 |
This must be fake news........... From a government that bans cryptocurrency transactions........ I would rather buy more ADA........ 51 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by nauto: 4:38am On Sep 02, 2021 |
ok |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by GerogeI(m): 4:39am On Sep 02, 2021 |
BigCabal:Countries that have the technology to regulate electronic money have not issued one, it is these charlatans. Subscribe at your own risk. Next one loading is hackers create and transfer trillions of Naira, naira now exchanging at 2000 per usd. 24 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Emedu(m): 4:39am On Sep 02, 2021 |
Lol 1 Like |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by koyeni(m): 4:40am On Sep 02, 2021 |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Bachelorette: 4:44am On Sep 02, 2021 |
Trust CBN, after everybody has rushed in, you will now hear that they are charging per transaction. Nothing from CBN is free, they are out to make something out of it. Just wait and see 53 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Spray(m): 4:44am On Sep 02, 2021 |
Dead on arrival... we will not use it. you can not ban bitcoin and initiate your own coin later 57 Likes 2 Shares
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Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Caseless: 4:45am On Sep 02, 2021 |
Normal e-wallet? If it can be on blockchain or have normal features of cryptocurrent, it will fly. This is looking like just account to wallet and wallet to account kind of arrangement - just like funding your bet9ja account(this can't be reversed though). I need to check this up more. 10 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by NotBeenPaid: 4:48am On Sep 02, 2021 |
What are the trading pairs? Abi na cow them pair am with? All I can see here is just another means of revenue generation via VAT and nothing more. 5 Likes
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Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by cenaman(m): 4:49am On Sep 02, 2021 |
BUHARI Amaka. 1 Like 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Sabadon(m): 4:50am On Sep 02, 2021 |
CBN be hypocrite 1 Like |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by dhappyking(m): 4:51am On Sep 02, 2021 |
Lexusgs430: Exactly my thoughts. You ban your banks from crypto transactions. Within a few months you create your own version. Of crypto and tell the same banks to adopt, promote and distribute it to the populace. My concern now is how will this e-naira exchange with other e- currencies that the banks should not allow or is it going to be a stand alone currency? 21 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by wealthgoddess: 4:51am On Sep 02, 2021 |
miniziter:You know I was just thinking the same thing, it is a lovely innovation but it definitely has a lot of negative sides too and I fear it might even contribute more to unemployment. Banks for example...without the physical cash will there be need for all those tellers/cashiers?? 4 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 4:52am On Sep 02, 2021 |
Potato po-ta-to. Same rubbish. 5 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by MrRabbi(m): 4:54am On Sep 02, 2021 |
This is just a wallet... E naira should be something unique. Eg. 1 e-naira to 1$ 3 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by adonainana: 4:54am On Sep 02, 2021 |
The summary of what was written here is :- 1) you can open an e wallet either with NIN or your existing bvn linked account 2) you can send e naira from one wallet to another FREE of charge Emphasis on the second point which is you can send naira from one account to another. In other words imagine doing bank transfer with no charges, no atm fees, no pos fees nothing like how most countries operate. This is the summary of what the e naira offers you This ain’t cryptocurrency neither is it a new currency or a currency backed by naira. It’s just the CBN telling you from the 1st of Oct 2021 you can now send naira electocnically free or charge 66 Likes 4 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Ugaboy: 4:55am On Sep 02, 2021 |
This e-wallet, not different from normal wallet we have been using. Kuda, opay, abeg, piggyvest... The only reason I can adopt this wallet cus of free transaction, but trust naija, after 3 month u will start paying VAT App Maintenance Charges fee after 20 transaction Police will force u to open your wallet at gun point. The idea continue using the one u know..to confuse some of this black men on uniform, else... update go full front page on NL 15 Likes 1 Share |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by adonainana: 5:02am On Sep 02, 2021 |
MrRabbi: For anything to be equal to 1$ at the start of creation, there must be a requisite demand for that thing by those who spend 1$ or who need $ I doubt anyone needs naira more less e naira. So this is just another wallet I.e any other way of sending naira from your wallet ( bank account ) to another person free of charge which Kuda and a lot of companies do any way 2 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Authoreety: 5:06am On Sep 02, 2021 |
Al |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by lymelyte(m): 5:10am On Sep 02, 2021 |
TimeSpaceWizard:well said.. It actually cost alot to print physical note. They are trying to create an alternative source of value electronically..if 1 e-naira equal 100naira,then it is a good idea. 5 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Aboks(m): 5:14am On Sep 02, 2021 |
Scam I will never register for any number on a database 2 Likes 2 Shares |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 5:19am On Sep 02, 2021 |
There would be massive rush on this from POS operators because of zero charges.. Please how do one register... am honestly tired of the: - Debit turnover charges from Access bank - Maintenance charge from various banks - N10, 20, 50, 100 charges on every transfer transaction from banks.. Thank you CBN.. The CBN should enable international transfers since the NIN and BVN would be employed as a verifiable tool for fraudulent operations. Thereby having a firm control on FX exchange rate. 7 Likes |
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by shadeyinka(m): 5:21am On Sep 02, 2021 |
Apart from the TEMPORARY free transaction charges, the e-Naira has NOT ONE SINGLE Advantage. It cannot be traded with other crypto Its value is tied to the depreciating Naira The CBN will soon come with all manner of transaction charges Store your money in dollars! 7 Likes |
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