Home CBN, PSPs, others partner to deepen adoption of eNaira

CBN, PSPs, others partner to deepen adoption of eNaira

Share
Share

By Chioma Obinagwam

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) and key stakeholders in the payments system ecosystem, particularly Payment Service Providers (PSPs) and a large community of Fintech groups, have risen from a one-day engagement session in Lagos, with a resolve to work together to ensure more adoption of the recently launched Central Bank Digital Currency (CBDC), the eNaira.

Confiance News gathered from the official Facebook page of the apex bank.

Speaking at the licensed PSPs Engagement Session held at the Radisson Blu Hotel in Lagos, on Monday, November 22, 2021, as part of further interaction with a broader category of industry players, the Director, Information Technology Department (ITD) at the CBN, Mrs. Rakiya Mohammed, clarified that the CBN was neither competing with the Deposit Money Banks (DMBs) nor other actors in the Nigerian payment system environment.

Mrs. Mohammed explained that the engagement was in continuation of the Bank’s strategy to bring all stakeholders on board what she described as a journey, noting that the CBN was open to suggestions and innovation aimed at adding value to the eNaira and improving the user experience.

Confiance News recalls that eNaira was launched on the 25th of October, 2021.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

New Month Prayers for Breakthroughs: Powerful Declarations to End Delay, Shame, Stagnation

By Chioma Obinagwam Are you tired of stagnation, delay, and unfulfilled promises in your life? Discover biblical breakthrough prayers and prophetic declarations that...

CBN cuts interest rate to 26.5% as inflation falls for 11th straight month‎

By Chioma Obinagwam‎‎The Central Bank of Nigeria (CBN) has lowered its benchmark interest rate by 50 basis points to 26.5 percent, citing continued...

Related Articles

New Month Prayers for Breakthroughs: Powerful Declarations to End Delay, Shame, Stagnation

By Chioma Obinagwam Are you tired of stagnation, delay, and unfulfilled promises...

CBN cuts interest rate to 26.5% as inflation falls for 11th straight month‎

By Chioma Obinagwam‎‎The Central Bank of Nigeria (CBN) has lowered its benchmark...

History is Watching: Tinubu’s Moment to Rescue Nigeria’s Stolen Future

By Blaise Udunze‎‎Governance is not complicated. It is about people and the...

Atiku reacts to Peter Obi’s attack in Edo State

‎By Chioma Obinagwam The former vice president of Nigeria, Atiku Abubakar, has...