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CBN, Bankers Committee take sensitization on eNaira to markets

Editor by Editor
March 29, 2023
in News
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CBN gives reasons why controlling monetary policy rate was raised again to 16.5%

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, has begun the sensitization and public enlightenment in Kano markets, to enhance the adoption of eNaira payment system in conducting transactions.

The team, comprising CBN staff and representatives of some commercial banks, took the campaign to Singer Market on Wednesday in Kano metropolis.

During the sensitisation, the Branch Manager of Access Bank, Ijeoma Ora, urged Nigerians to accept the CBN’s digital currency, the eNaira, for transactions “as it is a very good platform for customers and buyers”.

Ora said the sensitisation was aimed at educating residents and encouraging them to start using the eNaira for financial transactions.

“The eNaira is the same thing as the naira that all Nigerians use. It does the same work as the Naira and it is accepted everywhere,” she explained.

Also, Abdullahi Sheidu of Heritage Bank, said they were at the market to promote eNaira awareness by intimating traders of the idea, aim, benefits and use of the eNaira application for everyday transactions.

Sheidu said the campaign would also improve their knowledge of the digital currency space in the country.

Brand Ambassador for eNaira, Kannywood actor, Yakubu Muhammad, urged traders to embrace the eNaira as a means of transaction that was safe and efficient.

He said the outreach was aimed at engaging and educating the public on the eNaira and other monetary policies of the CBN. (NAN)

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