The President of the Federal Republic of Nigeria, Muhammadu Buhari has officially unveiled e-Naira the country’s digital currency.
The launch was done on Monday, October 25, 2021 at the Presidential Villa, Abuja.
Recall that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.
The event had in attendance the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others.
The Central Bank of Nigeria had said the e-Naira is a culmination of several years of research work in advancing the boundaries of the payments system in order to make financial transactions easier.
CBN noted that the launch of the digital currency is a major step forward in the evolution of money and it vowed to ensure that the e-Naira, like the physical Naira, is accessible by everyone.