eNaira Wallet Records 488,000 Downloads – CBN

The recently released eNaira is gaining traction, with over 488,000 downloads from over 160 countries to date.

According to the data recorded, the hunger for the eNaira is outstanding, according to the Central Bank of Nigeria, CBN, which announced this on Friday, November 12, 2021.

The Bank said:

“So far, we have onboarded over 488,000 consumer wallets and about 78,000 merchant wallets; with these downloads occurring in over 160 countries (per Google Playstore and Apple Store data).

“We have also recorded almost 17,000 transactions amounting to over N62m with the average transaction being about $9.3 each.

These numbers suggest the adoption rate has been excellent.”

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As a result, the CBN has urged Nigerians to embrace the eNaira as a more trustworthy currency than cryptocurrencies.

Source: Nyscinfo

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Updated: November 14, 2021 — 1:42 am

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Stephen Adoga

Stephen Adoga is a trained journalist, researcher, creative writer, content creator, video editor and freelancer. He studied Mass Communication at the Lagos State Polytechnic, Ikorodu, where he acquired requisite training for the practice of journalism. He loves the media. His interest mostly lies in the print medium where his creative writing skill makes him a perfect fit.

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