PBA ReporterThe Central Bank of Nigeria (CBN) has provided updates on eNaira, saying the Nigeria’s digital currency is easy to access and gives no room for fraud or counterfeiting.
The CBN, however, asked market women and leaders to embrace the country’s digital currency.
Kotor Godfrey, branch controller, CBN Lagos, disclosed this during a sensitisation programme in collaboration with Bizi Mobile and Oshodi market leaders on the need for the eNaira adoption.
Godfery explained that the digital currency is gaining traction with the projection of 10,000 downloads in the second quarter of 2022 from 7,300 recorded in the first quarter of the year.
He added that it was necessary for business owners, market men and women to utilise technology through the eNaira to enjoy its benefits.
According to him, “It was designed with you in mind and there is now enough room for anyone to enjoy cheap, secure and efficient banking services. With e-naira, there is no room for fraud or counterfeit,” he said.
“We give you the assurance that it is very secure and that you can do business without receiving counterfeit currency. It is designed in Nigeria and can be received anywhere in the world.
“Available data showed that consumer wallet downloads have so far been the most downloaded over the merchant wallet, but transactions between Person-to-Bank and Bank-to-Person have constituted about 90 per cent on the platform.”
Godfrey further said people have devices that are less utilised, adding that with their phones transactions can be carried out from anywhere.
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