eNaira Completes N188 Million Transactions- CBN

• The Central Bank of Nigeria (CBN) has revealed that 34,000 transactions worth N188 million have been completed on the eNaira platform

• They have also been about 83,000 merchant wallets downloads from over 160 countries

The Central Bank of Nigeria (CBN) has disclosed that over 34,000 transactions worth 180 million have been completed on the eNaira platform.

The news was disclosed by the CBN Controller of Enugu branch Ch’Edozie Okonjo while he was speaking at the Bankers Dinner and Lecture at Enugu last Friday.

Mr. Okonjo revealed that the onset of the COVID-19 pandemic has resulted in a global shift to virtual events and contactless payments.

He added that the platform had received a lot of interest and several positive feedbacks from Nigerians and foreigners.

A part of his statement can be seen below:

“So far, we have recorded over 583,000 consumer wallets and about 83,000 merchant wallets downloads, with downloads occurring in over 160 countries (per Google Play Store and Apple Store data).  We have also recorded over 34,000 transactions amounting to over N188 million. These numbers suggest the adoption rate has been excellent.”

Read also: Nigeria Minister Calls For Bitcoin Regulation

Okonjo concluded by stating that the launch of the eNaira was necessitated by the drop in cash usage globally.

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