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ALL YOU NEED TO KNOW ABOUT THE NIGERIAN DIGITAL CURRENCY eNAIRA.

What is eNaira?
eNaira is the Nigerian digital currency issued and regulated by the Central Bank of Nigeria (CBN). It has the same value as the physical Naira and guarantees simple, safe, and fast transfers and payments anytime and anywhere. It is the digital form of the Naira and will be used just like cash. It can also be defined as a digital currency made available by the central bank of Nigeria and serves as a legal tender, medium of exchange, and store of value.

What is the advantage of eNaira?
A major advantage that the e-naira brings is deepening of financial inclusion. Hence, it would ease financial transactions and affect individuals, businesses, non-governmental organisations (NGOs), religious institutions, Diaspora Nigerians, MDAs.

When was the eNaira launched?
Nigerian President Muhammadu Buhari, center, and Central Bank governor Godwin Emefiele, right, launch the e-Naira digital currency in Abuja, Oct. 25, 2021.

How do I start using eNaira?
Download eNaira Speed Wallet. From your Google Play Store or Apple App Store.
Select your Bank.
Authenticate yourself and off you go.