CBN Unveils eNaira Website

The Central Bank of Nigeria (CBN) has launched a website to help with the implementation of the eNaira electronic currency.

The website went up yesterday as part of the preparations for Nigeria’s formal launch of electronic currency for seamless financial transactions. The website’s resource locators are all the same (URL) is https://www.enaira.com/. It was noticed yesterday by our correspondent.

The central bank’s digital currency, according to the governor, is designed to aid in the achievement of the central bank’s goals of fostering greater inclusion through digital channels, supporting cross-border payments for businesses and firms, and providing a reliable channel for remittance inflows into the country.

“When completely implemented, the eNaira would allow Nigerians in rural locations to perform financial transactions utilizing both digital and feature phone devices,” he said.

Emefiele believes that the financial industry’s cooperation will be important in the deployment of the e-naira, and that efforts are being made to foster continuing collaboration between the CBN and financial industry players.

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“A Nigerian will be able to download the eNaira app from either the Google Play Store or the App Store starting October 1st, and fund their eNaira wallet using their bank accounts or cash at a registered agent location,” he stated.

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