eNaira Records 700,000 Transactions Valued at N8 bn –Emefiele

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The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says eNaira has recorded 700,000 transactions valued at N8 billion, since its inauguration on 25 October 2021.

Emefiele said this on Wednesday 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 CBN’s Deputy Governor of Financial System Stability, Aisha Ahmad.

The eNaira was developed to broaden the payment possibilities of Nigerians, and foster digital financial inclusion with the potential for fast-tracking intergovernmental and social transfers, capital flow, and remittances; according to Emefiele.

He said that the eNaira has been globally acclaimed as a success story.


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