e-NAIRA: We Are Engaging IMTOs, Remita – CBN

Munachimso
Munachimso

By Munachimso Obienyi

The Central Bank of Nigeria (CBN) in collaboration with Global InfoSwift Limited, recently took the e-Naira sensitization to the University of Lagos (UNILAG) where it onboarded a good number of students as well lecturers on the e-Naira platform.

The eNaira is a CBN issued digital currency that provides a unique form of money denominated in Naira, serving as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.

Speaking at the event, Director Information Technology Department, CBN/Co-ordinator Technical Working Committee eNaira Secretariat, Hajiya Rakiya Mohammed, noted that the apex bank targeted students due to the fact that they are more in tune with technology.

Mohammed who was represented by the IT Officer at CBN, Dr Khalipha Nuhu, said that the apex bank have been engaging a number of organizations, number of groups, institutions and students and part of the objective of the e-Naira is to bring everyone on board while adding that one can onboard using different types of platforms.

“We are currently working with different entities like payment service providers, Remita, IMTOs and as it is now, we are currently in the stage where we are trying to integrate with IMTOs. Through your e-Naira wallet you can do international remittances and payment but it is not like forex trading where you do bureau de change activities”, he said.

Leave your vote

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.