President Muhammadu Buhari to launch Digital Currency, E- naira on Monday.

Written by on October 24, 2021

President Muhammadu Buhari is scheduled to unveil the E-Naira on Monday according to the Central Bank of Nigeria.

The digital currency had been earmarked for public presentation on October 1 but the CBN shelved the plans citing key activities lined up for Independence Day.

But it is now expected to be activated on Monday in a statement signed by CBN’s Director of Corporate Communications, Osita Nwanisobi, said after series of engagements with relevant stakeholders including the banking community, fintech operators, merchants and a cross section of Nigerians to have the currency launched.

He said the launch of the E – Naira is a culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payments system in order to make financial transactions easier and seamless for every strata of the society.

The Theme of the E – Naira launch is: “Same Naira, More Possibilities.

Seun Fakorede

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