Nigeria ’s Central Bank Digital Currency ( CBDC ) , the eNaira , has departed hot after an prescribed found consider topographic point at the Presidential Villa in Abuja by President Muhammadu Buhari on Monday ( 25/10/2021 ) . death yr , China turn the 1st major economy to establish a exam edition of a digital up-to-dateness . central camber whole over the planetary are looking at to produce digital interlingual rendition of their up-to-dateness , have intercourse as CBDCs , in response to the growing of on-line requital and to compete with cryptocurrencies that are beyond the ensure of governance and spherical regulator . With this set in motion , Nigeria go the forerunner of digital up-to-dateness in the celibate alongside Ghana , which has been experiment with its Es - Cedi since September . Since so , At least five land have launch their virtual currency .
What is eNaira ?
What is eNaira ?
eNaira ingest an single in operation structure that is both singular and nothing like former mould of central banking concern money . ” At the set in motion on Monday , the governor of the Central Bank of Nigeria , Godwin Emefiele , put forward that 500 million eNaira ( $ 1.21 million ) has already been mint . “ eNaira is a Central Bank of Nigeria - issue digital up-to-dateness that offer a unparalleled physical body of money denominate in Naira . via the eNaira prescribed web site . eNaira helot as both a culture medium of telephone exchange and a storage of measure , volunteer skillful defrayment chance in retail transactions when liken to John Cash requital . The eNaira was produce by fintech caller Bitt , which is likewise responsible for for the Creation of CBDC in some East Caribbean res publica . “ The acceptation of Modern CBN digital up-to-dateness is judge to growth Nigeria ’s GDP by $ 29 billion over the following 10 geezerhood , ” enunciate President Buhari during the set up .
The CBDC ’s digital currency app and its merchant billfold are at present go and uncommitted for download . The two apps , eNaira speed up billfold and eNaira accelerate merchant notecase , are forthwith available on Google Play Store and Apple entrepot .
Download inter-group communication
Download inter-group communication
eNaira Speed Wallet
eNaira Speed Merchant Wallet
To make an eNaira Account
To make an eNaira Account