eNaira: 33 banks join platform as CBN mints 500m

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 10%
  • Publisher: 63%

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and the apex bank has minted N500 million worth of digital currency.

Nigeria Headlines News

Nigeria Latest News, Nigeria Headlines

Ememfiele said this at a ceremony to launch Nigeria’s Central Bank Digital Currency on Monday, at the presidential villa, noting that the platform has recorded an influx of users.

He said, ”33 banks are fully integrated and live on the platform, 500 million has been successfully minted by the Bank, N200 million has been issued to financial institutions, over 2,000 customers have been onboarded and over 120 merchants have successfully registered on the eNaira platform”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You just know those banks were arm- twisted.

Can diasporan’s buy enaira directly with their forex? And can locals buy forex directly into their enaira wallet with their enaira balance? These would have been attractive. It can be done subject to monthly limits per BVN. We can even eliminate BDCs for retail forex usage.

You people banned cryptocurrency in Nigeria banking industry or id enaira a paper money... A kind of confused here🤦

A dead currency is a dead currency either it comes in cowrings, kobo, Naria, or eNaira.

No be person wey get money go dey spend eNaira? Serious lack of priorities. No matter all the so called benefits if Nigerians won't use it they can't force them to. Simple as...

What exactly is the advantages of having eNaira? Is there anything it could do that physical Naira couldn't do? Haven't we been spending digital Naira via online banking and other channels that support digital transactions? Can anyone help me?

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Born again - Part 33 | The Guardian Nigeria News - Nigeria and World NewsJesus was not denying His responsibility to His earthly family. On the contrary, He criticised the religious leaders for not following the Old Testament command to honour their parents (15:1-9).
Source: GuardianNigeria - 🏆 1. / 94 Read more »

eNaira: CBN issues N200 million to banksThe bank says it has minted 200 million of the digital currency. Same people ones band cryptos, ban Twitter join.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

CBN introduces eNaira app, merchant walletThe Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. Start operation and let's see 😂 you ban crypto yet came out with you own. Lol 😂 we are your Mugu Dangerous game
Source: MobilePunch - 🏆 8. / 63 Read more »

To Boost Production, CBN Unveils New Policy to Fund 100 Private Sector Companies Every 100 DaysJames Emejo in Abuja The Central Bank of Nigeria (CBN) Monday unveiled a new financial instrument titled, “The 100 for 100 PPP – Policy on Production and Productivity” to boost support for se… Is this fiscal or monetary policy? They said poor fiscal policy is the bane to Meffy's great monetary policy. This is expansionary fiscal policy when inflation is already high.
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

CBN to empower 100 private companies every 100 days - Daily TrustThe Central Bank of Nigeria (CBN) has concluded plans to launch targeted interventions that will enhance the production base of 100 companies every 100 days. Oh chim Liars at its crystal. Meanwhile my name is not Ahmed Lawan Sani yerima or GUMI,so the lie won't affect me
Source: Daily Trust - 🏆 13. / 51 Read more »

Forex Crisis: CBN launches initiative to support 100 companies in 100 daysFrom November, 100 firms will be supported, and hundreds more in the coming months, and their names will be published in...
Source: PremiumTimesng - 🏆 3. / 78 Read more »