Business
e-Naira: 12 things to know about Nigeria’s first digital currency
President Muhammadu Buhari on Monday, launched Nigeria’s first digital currency, e-Naira..
Buhari unveiled the digital currency at the State House with top government functionaries in attendance.
The digital currency was flagged off with over N500m of the currency minted.
Speaking during the unveiling, the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, disclosed that 33 banks had been fully integrated and live on the platform.
However, as the new eNaira hits Nigerians, Edujandon.com has curated a list of 12 things to know
It is a digital storage that holds the eNaira.
It is held and managed on a distributed ledger.
It can be used for remittance, which includes a cheaper diaspora remittance option.
It is traceable so fraudulent activities can be traced.
It can be used for international and local trades.
It has a unique identity and security structure.
It is exchanged peer to peer.
It is universal – anybody can hold it.
It does not yield any interest.
Payments can be made by scanning QR codes.
You can monitor your e-wallet activities.
First digital currency in Africa.
To download the e-Naira wallet, follow the link below
https://play.google.com/store/apps/details?id=ng.gov.cbn.speed.wallet.temp
Follow us on social media:
“The quality of a woman isn’t measured by the hair on her head but by her brain” – Yul Edochie cautions ladies against killing themselves over expensive hair this Christmas
President Tinubu cancels Lagos engagements in honor of food stampede victims
Moment stage collapses on Odumodublvck during concert performance (Video)
Goods worth millions of naira destroyed as fire guts spare parts market in Ibadan
Farmer k!lled, three siblings and one other severely injured as bomb explosions rock Niger state community
Video trends as Nigerian lady transforms face into Jesus Christ with makeup (Watch)
Lady swaps old woman’s ATM card while pretending to help, steals N2M
“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
-
Celebrity Gossip & Gist1 day ago“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
-
Economy1 day agoGoods worth millions of naira destroyed as fire guts spare parts market in Ibadan
-
Celebrity Gossip & Gist3 hours agoMoment stage collapses on Odumodublvck during concert performance (Video)
-
Economy2 hours agoPresident Tinubu cancels Lagos engagements in honor of food stampede victims