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CBN urges women to use eNaira for transactions

The Central Bank of Nigeria (CBN) has called on women to embrace the eNaira for their transactions.

The apex bank said this during a sensitisation programme on eNaira at the Law Ladies Day programme at the University of Lagos (Unilag) Akoka, Lagos.

The Special Adviser, Payment Systems to the Governor of the CBN, Mary Fasheitan, who took women through the importance of eNaira, advantages and opportunities the digital currency offers to the financial community and women, stated that it was high time women embraced the eNaira for transactions.

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She said, “eNaira 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. It has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money.”

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