Stella Dimoko Korkus.com: President Buhari Unveils e- Naira

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Monday, October 25, 2021

President Buhari Unveils e- Naira

President Muhammadu Buhari on Monday unveiled the e-Naira Nigeria’s digital currency at the Presidential Villa, Abuja.









The event had in attendance the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others.


The country’s apex bank had said the e-Naira is a culmination of several years of research work in advancing the boundaries of payments system in order to make financial transactions easier.

CBN noted that the launch of the digital currency is a major step forward in the evolution of money.

The bank vowed to ensure that the e-Naira, like the physical Naira, is accessible by everyone.
from dailypost.



Please can someone explain how this e naira works? Thank you.

20 comments:

  1. Hip hip hip hooray.Abi what else can I say.
    Tonia.

    ReplyDelete
  2. It’ll still be useless and worthless like the physical one

    ReplyDelete
  3. waiting for reviews

    ReplyDelete
  4. Stella I follow u ask o. Cos I wonder what is going to do for us. Or is it same as us using our ATM or doing mobile banking abi transfers

    ReplyDelete
  5. The app is available on play store and other platforms. Downloaded already by millions, but people are having difficulty registering. From all I have read the rejection of BVN is a common problem. The app is not accepting Email addresses which is important in registering. It is either most people did not include their their Emails when they registered for BVN or the app is dysfunctional. Hopefully in the weeks/months ahead they would have cleared the errors.

    ReplyDelete
  6. Replies
    1. Hi Choco Choco;its not yet up now so no review as app isn't working yet..

      Bydway I have removed my hands from anything Naira;I'm a Canadian Citizen now😃😃

      @MARTINS

      Delete
    2. 😂😅😂🤣😂 thanks a lot congratulations on your citizenship

      Delete
    3. Ahhahahaaa Martin's me ad you oh. I have mentally checked out of Nigeria and its wahala. Enaira my bumbum.

      Delete
  7. It is still a fungible token

    ReplyDelete
  8. Someone should help is out by breaking it down so that we can understand what their president is saying. Not understanding anything at all.

    ReplyDelete
  9. It will end in premium tears. Nothing good can come out of Buhari and his bunch of failures

    ReplyDelete
  10. E-NAIRA IS NOT A CRYPTOCURRENCY

    e-Naira is not a cryptocurrency.

    It is the electronic version of the same paper naira you spend everyday. It is issued by CBN, the monetary authority in Nigeria.

    e-Naira has same value as the paper naira. You're obliged to accept currencies issued by CBN, but not crypto currencies.

    Therefore, you can choose to reject crypto currencies as a medium of exchange.

    So many misinformation is going-on on social media since the e-Naira was formally launched today.

    Let this be clear and let no one misinform you on this.

    ReplyDelete
  11. God's masterpiece25 October 2021 at 20:24

    The people that couldn't maintain or add value to naira curreency mtewcch na here we dey.

    ReplyDelete
  12. Just like CashApp. You can pay via QR Code scan or username.... No need for account number. Have to Google it and tot inshould share.

    ReplyDelete
    Replies
    1. Thank you o jare since your govt cannot adequately educate the populace.

      See as 1 person stand stretch neck like univited aproko for im own house. Whatapity. Smh.

      Delete

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