eNaira Recorded N8bn Transactions in One Year – THISDAYLIVE


•Says CBN targeting 100% cashless economy 

•Set to partner, on-board revenue collection agencies, others

Nume Ekeghe

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele yesterday disclosed that the country’s digital currency, the eNaira recorded a total of N8 billion transactions in the first one year after it was launched by President Muhammadu Buhari.

The CBN governor also said the Central Bank Digital Currency (CBDC) was part of the central bank’s plan to make Nigeria fully a cashless economy.

Emefiele, also noted that in the coming days, the CBN and the Bankers’ Committee would unveil plans which would ensure the cashless policy is fully integrated across the county.

He also said the central bank was set to collaborate with the Ministry of Humanitarian Affairs for targeted social welfare programs as well as to on-board revenue collection agencies on the digital currency platform.

Emefiele said these in Lagos, at a…

Source: Thisday Newspaper