BREAKING: President Buhari launches eNaira

BREAKING: President Buhari launches eNaira

The President of the Federal Republic of Nigeria, Major General Muhammadu Buhari (retd.) has launched eNaira platform at the state house, Abuja. Information Guide Nigeria

According to PUNCH, the digital currency, eNaira is a culmination of several years of research work by the Central Bank of Nigeria in order to advance the boundaries of payments system which will in return, make financial transactions easier and seamless for every stratum of the society.

PUNCH reports that the Governor of the Central Bank of Nigeria, Godwin Emefiele, has described eNaira as the first in Africa and one of the earliest around the world.

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Godwin Emefiele said, “Mr President, today you make history, yet again, with the launch of the eNaira – the first in Africa and one of the earliest around the world.

“Mr. President, as you make groundbreaking reforms, there has been continuing debate on the true value of the Naira. Rather than worry today on the direction of the exchange rate, let us take a step back and analyse how we got here in the first place.” Jamb Result

Recall that the eNaira was scheduled to be launched on October 1, 2021, but could not be launched due to activities billed for October 1, to commemorate Nigeria’s independence.

According to PUNCH, eNaira has two applications – eNaira speed wallet and eNaira merchant wallet. These applications have been launched on the Google Playstore and Apple Store today, October 25, 2021.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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