eNaira records 700,000 transactions valued at N8bn – CBN

Written by on November 2, 2022

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the eNaira has recorded 700,000 transactions valued at 8 billion naira since its inauguration on the 25th of October, 2021.

EMEFIELE made the statement today in Abuja, at the 28th edition of the apex bank’s annual In-house Executive Seminar with the theme, ‘Digitalisation of Money and Monetary Policy in Nigeria’. He was represented by the Deputy Governor, Financial System Stability, CBN, Aisha Ahmad.

According to Emefiele, the eNaira had been globally acclaimed as a success story adding that it was developed to broaden the payment possibilities of Nigerians, foster digital financial inclusion, with potential for fast-tracking intergovernmental and social transfers, capital flow and remittances.

He said the story of the eNaira had been one of courage, persistence and commitment to explore new frontiers and possibilities.


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