The Central Bank of Nigeria's (CBN) e-Naira website has gone live ahead of October 1 official launch.

According to the website, www.enaira.com, Naira is a CB -issued digital currency that provides a unique form of money denominated in Naira.

The CBN stated that eNaira would serve as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.

It added that eNaira had an exclusive operational structure that was both remarkable and nothing like other forms of central bank money.

There are several benefits from a central bank-issued digital currency in Nigeria, and this cuts across different sectors of, and concerns of the economy, it stated.

According to the CBN, the eNaira app would feature and reflect brand values centered around ease of use and efficiency while bearing in mind security.

We have developed this App with a deeper understanding of customers, what they value, their abilities and also their limitations, it stated.

CBN’s e-Naira Website Goes Live Ahead of October 1
The website explained that customers would be able to move money from their bank account to their eNaira wallet with ease; monitor their eNaira wallet, check balances and view transaction history; make in-store payment using their eNaira wallet by scanning QR codes; and send money to one another through a linked bank account or card.

It stated that the eNaira was crafted with interesting elements for modern solutions that paid keen attention to details.

According to the website, the Nigerian digital currency that would be issued and regulated by the CBN had benefits which included fast, cheap, reliable and available payment channel; supports digital economy; improved economic activities; and simplified and easy cross-border payments and trade.

It also said it would ensure inclusion of excluded people in the financial system; improved effectiveness of monetary policies; ease in tax remittance and collection to support the country's growth; and ease in targeted social interventions to support Nigerians.

During the CBN Governor, Godwin Emefiele, after the last Monetary Policy Committee meeting recently, disclosed that it would be launched on Independence Day celebration.

He said, On October 1, a Nigerian should be able to download the eNaira app either through Google play store or Apple App store, onboard themselves, fund their eNaira wallet, using their bank accounts or with cash at a registered agent.

According to him, the eNaira launch was not going to be a one off thing, but a journey that would start on October 1.

SOURCE:https://brandspurng.com/2021/09/28/cbns-e-naira-website-goes-live-ahead-of-october-1/

How is it different from the Naira we have in our bank app? Or this is just the CBN launching its own bank app?
Zero Innovation here.

I am honestly still trying to understand what this thing is and how it works. Somebody pls help!

Crypto traders wey no go allow my ears hear word...

Another coin called "enaira" don land. Buy for your friends and love ones...

Very soon enaira go rise....

Hurry hurry!

EmptyGarden:
How is it different from the Naira we have in our bank app? Or this is just the CBN launching its own bank app?
Zero Innovation here.

I think its the bolded

We awaits

I buy enaira
Bitcoin
PayPal
Transfer wise
Payoneer etc

I Dont Trust Bubu.....yet o...!
Before he borrows my money to develop Maradi in Niger Republic

Great

It does not yield any interest

Waiting for gee guys to find the loophole in this.. another cash out scheme for them

I should hold what doesn't yield interest for me abi? Rada rada