eNaira

eNaira is a Central bank digital currency issued and regulated by the Central Bank of Nigeria.[1] Denominated in naira, the eNaira serves as both a medium of exchange and a store of value and claims to offer better payment prospects in retail transactions when compared to cash.[2][3][4]

The eNaira was launched and activated on 25 October, 2021 by President Muhammad Buhari,[5] under the slogan: "Same Naira, More Possibilities".

See also

References
  1. "Central Bank of Nigeria | Home". www.cbn.gov.ng. Retrieved 2021-10-25.
  2. "eNaira Overview". enaira.gov.ng. Retrieved 2021-10-25.
  3. "eNaira". Zenith Bank Plc. Retrieved 2021-10-25.
  4. "Nigerians Optimistic About Launch of New Digital Currency eNaira". VOA. 5 October 2021. Retrieved 2021-10-25.
  5. "Buhari to launch eNaira as CBN announces new commencement date". 2021-10-23. Retrieved 2021-10-25.
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