Emefiele: eNaira has Deepened Nigeria’s Payment System Infrastructure


The Governor of the Central of Nigeria, Godwin Emefiele, has said the introduction of the Central Bank Digital Currency, eNaira is one piece of evidence of the fact that Nigeria’s payment system has been deepened under his leadership. The governor made the remarks in his Abuja office when he received officials from the Bank of Uganda who undertook an experience sharing tour of the CBN’s CBDC (eNaira) project.

Launched last year, eNaira is the digital form of the Naira and is used just like cash. The eNaira wallet is a digital storage that holds the eNaira. The eNaira wallet is required to access, hold and use eNaira. eNaira is a unit of account, store of value, and medium of exchange. Click here to read the full article on Leadership.ng

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