None
EN
CBN Postpones e-Naira Launch
['African Examiner']
Banking & Finance | African Examiner
CBN Postpones e-Naira Launch(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira.
He said that with the e-Naira Nigerians would be able to carry out peer-to-peer transfer to another person’s e-Naira wallet, as well as pay for goods and services at selected merchants.
He added that the e-Naira would also help to reduce the use of cash and ensure the stability of the Nigerian economy.
The director assured Nigerians that financial institutions in Nigeria remained key actors and were a critical part of the CBN Digital Currency.
African Examiner reports that some financial experts had earlier cautioned the apex bank to be a bit cautious and not to hasten to launch the digital currency.
['nigerians'
'financial'
'nigeria'
'launch'
'enaira'
'earlier'
'ensure'
'examiner'
'postpones'
'digital'
'cbn']