The launch of the eNaira is a culmination of many years of research work by the central bank in advancing the boundaries of the payments system to make financial transactions easier and seamless for members of different strata of society.
WHAT IS ENAIRA
WHAT ARE THE BENEFITS?
The digital currency is for everyone: individuals, households, businesses, non-governmenta
Some of the benefits include diaspora payments, receiving financial support/
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The eNaira will ensure transparency in taxation systems for governments; facilitate the instant cross-border foreign exchange to boost economic growth, and minimize fraudulent activities such as money laundering, and illegal money deals because of the trackable unique ID of each eNaira.
WHAT IS ENAIRA WALLET?
This is the digital storage that holds the eNaira. It is held and managed on a distributed ledger and it is required to access, hold and use eNaira.
DIFFERENCE BETWEEN DIGITAL MONEY AND PHYSICAL MONEY
The eNaira is the digital form of cash and is a direct liability on CBN, while the customer deposits are direct liabilities of the financial institutions.
HOW TO ACCESS ENAIRA?
To access the digital currency, you will have to download the eNaira app either on the Google play store or the App store.
GUYS, WHAT DO YOU THINK?
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Femi FlipSide Akinyosoye
Nonsense. The economy is dying people are suffering this is the only nonsense that came to your empty head.
Oluwatoyin Oyinbola-Olasimoju
Hmmmm... upgraded luncheon voucher 😌
