Connect with us

Hi, what are you looking for?

E-Financial

Buhari Launches e-Naira

President Muhammadu Buhari on Monday unveiled the e-Naira.

Buhari launched the country’s digital currency at the Presidential Villa, Abuja.

The event had in attendance the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others.

It would be recalled that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.

The country’s apex bank had said the e-Naira is a culmination of several years of research work in advancing the boundaries of payments system in order to make financial transactions easier.

CBN noted that the launch of the digital currency is a major step forward in the evolution of money.

The bank vowed to ensure that the e-Naira, like the physical Naira, is accessible by everyone.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Cryptocurrency

Obinna Iwuno, President of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has urged the Nigerian government to consider a national Bitcoin strategy...

Business

Suspected vandals have again attacked the 330kV Lokoja – Gwagwalada transmission line 1, disrupting power supply to Abuja. The Transmission Company of Nigeria, TCN,...

News

Canadian authorities and migrant aid organizations are preparing for a potential increase in asylum-seekers entering from the U.S., following President-elect Donald Trump’s renewed commitment...

News

The recent protest organized by the All Progressives Congress (APC) Akida Forum raises significant questions about political motivations and accountability. Led by Musa Mahmoud...