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Buhari Rolls Out CBN’s eNaira

The eNaira has on Monday been launched by President Muhammadu Buhari in Abuja.

Also present during the launch is the Governor of Central Bank of Nigeria, Godwin Emefiele.

The launch of the eNaira is a culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payments system in order to make financial
transactions easier and seamless for every strata of the society.

Following series of engagements with relevant stakeholders including the banking community, fintech operators,
merchants and indeed, a cross section of Nigerians, the CBN designed the digital currency, which shall be activated on Monday, October 25, 2021.

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