Friday, April 26

eNaira: Five things Nigerians can do on the new website

The website of Nigeria’s official digital currency, eNaira, went live on Monday, four days before its planned launch on October 1, as disclosed by Central Bank governor, Godwin Emefiele.

Developed by Barbados-based fintech company Bitt Inc., eNaira is a legal tender just like the naira. According to the apex bank, it must be accepted by all merchants and business outlets as a form of payment in Nigeria.

A welcome note on the website describes the eNaira as a “Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira.”

The website is a central repository where users can find comprehensive information about the official digital currency, but it offers much more than just details of the eNaira. TechCabal reviewed the website and here are at least five other things Nigerians can do on the platform. Continue reading

Image: Techcabal