CBN Launches Website For eNaira, Nigeria’s First Digital Currency

eNaira is a Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira. eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.

CBN Launches Website For eNaira, Nigeria’s First Digital CurrencyeNaira system uses a two-factor authentication system in addition to cryptographic encryption to ensure the safety of customers’ wallets and the eNaira holding. Customers can now move money from their bank account to their eNaira wallet with ease. Customers can monitor their wallets, check balances and view transaction history. It allows users to send money to one another through a linked bank account or card. You can also download the app from your play store and Android store.
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