Central Bank of Nigeria urges Nigerians to embrace eNaira.

Written by on February 19, 2022

The Central Bank of Nigeria (CBN) has said that the introduction of eNaira in the financial system is to, among others, improve the effectiveness of monetary policy in managing inflation as well as in driving economic growth in the country.

The clarification was made at a seminar organised by the Central Bank of Nigeria (CBN) Fair tagged: Promoting financial stability and economic development held in Benin City, Edo State.

Team Lead Director, Corporate Communications Department, Nwanisobi Osita, who spoke during the seminar, said CBN had been working with a clear mandate of stabilising price economy towards growing the economy sustainably.

Noting that the Nigerian payment system remains one of the most sophisticated globally, Osita disclosed that the seminar was also aimed at getting feedback from participants in terms of viewpoints and challenges.

Amen J Kantiyok

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