eNaira records 200,000 users, N4bn transactions value – Emefiele | The Guardian Nigeria News

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The Central Bank of Nigeria (CBN), digital currency, eNaira has recorded 200,000 volumes and four billion Naira value of transactions since its inauguration in 2021.

Mr Godwin Emefiele, the CBN Governor said this on Thursday in Abuja at the grand finale of the “eNaira Hackathon”.

The News Agency of Nigeria (NAN) reports that the hackathon is a CBN’s collaborative initiative with the African Fintec Foundry (AFF).

it is aimed at bringing together teams of talented entrepreneurs, developers, designers, solution developers, problem-solvers and ‘code magicians’ from Africa to develop innovative solutions for improved adoption of the eNaira.

The competition was part of efforts by the CBN to drive financial inclusion, facilitate macroeconomic growth and integrate the Nigerian economy into the world-leading economies through innovation and cutting-edge emerging technologies.

NAN also recalls that the eNaira was inaugurated on Oct. 25, 2021 by President Muhammadu Buhari, making…



Source: Guardian Newspaper