Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, was launched by President Muhammadu Buhari, on Monday, October 25 with four types of wallets
The new Firstbank branch is a reinvention of digital banking solutions in the country as customers are exposed to a seamless world-class banking experience.
Several trading brokers offer services in Nigeria. One of these brokers is FBS, an internationally acclaimed broker that provides an exclusive service, Fixrate.
The eNaira is the digital form of the Fiat currency (Naira), issued by the CBN in line with Section 19 of the CBN Act. Funds on enaira are direct liability.
The Central Bank of Nigeria (CBN) has urged all Nigerians to use the eNaria, claiming it is more secure than cryptocurrencies and wants Nigerians to accept it.
In a bid to get more foreign investors from Europe, Nigerian president Muhammdu Buhari and Central Bank of Nigeria governor are in France to woo investors.