The Central Bank of Nigeria finally launched its central bank digital currency called eNaira on Monday, The eNaira app which was supposed to be launched on October 1, 2021 but was postponed due to an overload of activities billed for Nigeria’s 61st birthday celebrations became.
It has two apps:
- eNaira Speed Wallet and
- eNaira Merchant Wallet,
which were launched on Monday in the Google Playstore and the Apple Store. To Download click here
A statement on the eNaira website explained the general function of the currency and its value to the Nigerian economy.
eNaira is a digital currency issued by the Central Bank of Nigeria that offers a unique form of money in Naira. “ENaira serves as an exchange and store of value and offers better payment prospects in retail compared to cash payments.