The Central Bank of Nigeria (CBN) Thursday says it is doubling efforts to ensure that e-naira acceptability reaches every part of the country, adding that the app has now been upgraded with a Near Field Communication (NFC) enablement.
Mr Joseph Angaye, Deputy Director, Risk Management Department, stated this yesterday at an e-naira sensitisation workshop at the University of Abuja
He said the visit was to enlighten the university community about the eNaira project.
“The eNaira is Nigeria’s Central Bank Digital Currency (CBDC) that has evolved since its inauguration by former President Muhammadu Buhari in 2021.
“The CBDC is a new concept globally, and Nigeria is one of the early countries to adopt it,” he said.
He added that the digital currency was introduced to deepen the payment system; to address some inherent challenges in the existing payment infrastructure and to complement it.
Earlier, the Vice-chancellor, University of Abuja, Professor Abdul-Rasheed Na’Allah, said that the university was ready to partner with the CBN.
Na’Allah, who was represented by Prof. Aisha Maikudi, Deputy Vice-chancellor, Academics, however, urged the apex bank to always consider University of Abuja first in its intervention programmes for tertiary institutions.
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