The Central Bank of Nigeria said that 33 Nigerian banks have joined the eNaira platform and it had minted N500 million worth of digital currency.
The Governor of the CBN, Godwin Emefiele said this on Monday to launch Nigeria’s Digital Currency at the presidential villa, noting that the platform has recorded an influx of users.
He said, “33 banks are fully integrated and live on the platform, 500 million has been successfully minted by the Bank, N200 million has been issued to financial institutions, over 2,000 customers have been on boarded and over 120 merchants have successfully registered on the eNaira platform.”
The CBN Governor also explained that the eNaira and the physical Naira are the same legal tender and will have the same value which will be accepted anywhere in the country.
”As the tagline simply encapsulates, the eNaira is the same Naira with far more possibilities. The eNaira – like the physical Naira – is a legal tender in Nigeria and a liability of the CBN.
The eNaira and Naira will have the same value and will always be exchanged at 1 naira to 1 eNaira,” he added.
Emefiele also added that since the eNaira platform went live, the website receives over 2.5 million visits daily while pledging that “there would be strict adherence to the Anti-money Laundering and Combating the Financing of Terrorism standards in order to preserve the integrity and stability of Nigeria’s payment system.”