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CBN rolls out eNaira app, merchant wallets

CBN rolls out eNaira app, merchant wallets
October 25
12:01 2021

The Central Bank of Nigeria (CBN) has rolled out eNaira, the country’s first digital currency.

The digital currency has two applications — eNaira speed wallet and eNaira merchant wallet.

The two apps were rolled out on Google playstore and Apple store on Monday, according to checks by TheCable.

In a statement on the eNaira website, CBN said interested individuals can sign-up on the eNaira speed wallet by inputting their details as captured during BVN enrollment.

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The details include First Name, Last Name, Date of Birth, State of Origin, and Email.

“Your Banks are waiting to assist you in validating and updating your BVN details to ensure seamless enrolment to the eNaira Platform,” the statement reads.

“Remember Your BVN details is YOUR Personal Information, Do not disclose to Anyone.”

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Osita Nwasinobi, spokesperson of the CBN, over the weekend, said President Muhammadu Buhari will launch the digital currency today.

Nwasinobi said the launch of the eNaira is a culmination of several years of research by the apex bank in advancing the boundaries of payment systems to make financial transactions easier and seamless.

The apex bank had postponed the unveiling of the eNaira on October 1, citing key activities lined up for the country’s 61st independence anniversary.

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4 Comments

  1. Georgeiyke
    Georgeiyke October 25, 15:53

    I suggest CBN should as a matter of fact permit banks to trade on crypto as they were doing.
    Doings this will bring back the lost confidence of the crypto investors in the country also it will help the ENaira to appreciate faster.

    Reply to this comment
  2. Abdussamad Ibrahim
    Abdussamad Ibrahim October 25, 16:57

    I have register enaira

    Reply to this comment
  3. Lawal waheed opeyemi
    Lawal waheed opeyemi October 26, 23:09

    I like it’s, true

    Reply to this comment

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