The Central Bank of Nigeria on Thursday sensitized students of the University of Port and Ignatius Ajuru University of Education on e-Naira, calling on them to embrace the digital currency and also drive its awareness.
The Branch Manager of CBN Port Harcourt, Mr Maxwell Okoroafor, said the need to embrace e-Naira by all Nigerians was imperative as it will enable financial inclusion, curb money laundering and reduce the cost of currency management.
Okoroafor said CBN was the first central bank in Africa to adopt digital currency and second in the world, adding that the choice for the university community was imperative as there were no other persons better positioned to drive the acceptance of the digital currency more than the youth.
“The e-Naira will give CBN more visibility on our currency when we are going on our monetary policies planning. The e-Naira would limit the quantum of cash you’re holding; it is equal in value with the physical cash.”
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The Vice Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, represented by the Provost, College of Health Science, Prof. Angela Ine Frank-Briggs, commended CBN for bringing the sensitization programme on e-Naira to the university.
A student of accountancy, Uniport, Ms. Chidera Precious, said the process for onboarding on e-Naira has been smooth.
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