{"id":52451,"date":"2021-10-26T20:34:05","date_gmt":"2021-10-26T19:34:05","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=52451"},"modified":"2021-10-26T23:29:01","modified_gmt":"2021-10-26T22:29:01","slug":"nigeria-launches-enaira","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira","title":{"rendered":"Nigeria Launches Digital Currency eNaira"},"content":{"rendered":"<p><strong>By Abba Hamisu Sani<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.africa-press.net\/nigeria\/\">Africa-Press-Nigeria . <\/a><\/strong>The Major Story trending in both Electronic,Print and Online news Platforms in Nigeria at the beggining of this Week is the Historic Ceremonial launch of Digital Currency &#8221; eNaira&#8221; by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Central_Bank_of_Nigeria\">Nigeria&#8217;s Apex Bank<\/a> .(E-Naira).<\/p>\n<p>President Muhammadu Buhari on Monday unveiled the e-Naira.<\/p>\n<p>Buhari launched the country\u2019s digital currency at the Presidential Villa, Abuja.<\/p>\n<p>The event had in attendance the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others.<\/p>\n<p>It could be recalled that the digital currency was billed to be unveiled on October First but was shifted due to activities on Independence Day.<\/p>\n<p>During the Ceremony the CBN Governor Emefele said the e-Naira is a culmination of several years of research work in advancing the boundaries of payments system in order to make financial transactions easier.<\/p>\n<p>CBN noted that the Introduction of the digital currency is a major step forward in the evolution of money.<\/p>\n<p>The bank vowed to ensure that the e-Naira, like the physical Naira, is accessible for everyone<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-52455\" src=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/post-08-41-44-9.jpg\" alt=\"\" width=\"640\" height=\"401\" srcset=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/post-08-41-44-9.jpg 1000w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/post-08-41-44-9-300x188.jpg 300w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/post-08-41-44-9-768x481.jpg 768w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<h2>500 million eNaira has been minted<\/h2>\n<p>The Central Bank Governor Godwin Emefiele, also reveals that 500 million eNaira ($1.21 million) has already been minted.<\/p>\n<p>Some Nigerians expressed divergent views with regard to the Introduction of the digital currency .<\/p>\n<p>Dr. Muhammad Kabir Adam who is popularly known as MK Adam is a Nigerian Blockchain Technology Promoter and Cryptocurrencies Investor described the Central Bank of Nigeria&#8217;s Initiative as well come development, Nigeria being the first African Country to start digital Currency.<\/p>\n<figure id=\"attachment_52459\" aria-describedby=\"caption-attachment-52459\" style=\"width: 217px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-52459\" src=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.20-PM.jpeg\" alt=\"\" width=\"217\" height=\"217\" srcset=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.20-PM.jpeg 750w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.20-PM-300x300.jpeg 300w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.20-PM-150x150.jpeg 150w\" sizes=\"auto, (max-width: 217px) 100vw, 217px\" \/><figcaption id=\"caption-attachment-52459\" class=\"wp-caption-text\">Dr. MK Adam Blockchain Technology Promoter and Cryptocurrencies Investor<\/figcaption><\/figure>\n<p>MK Adam added that the eNaira will help Federal Government in saving huge amount spend in Printing Paper Money.<\/p>\n<p>The blockchain Technology Promoter said if Government want the eNaira to be more acceptable incentives Should be provided.<\/p>\n<p>On his part Ibrahim Garba Maryam who is Human Right activist and advocacy expert said the Introduction of E- Currency by Nigeian Government is a miss priority considering the harsh economic condition majority of Nigerians are facing.<\/p>\n<figure id=\"attachment_52460\" aria-describedby=\"caption-attachment-52460\" style=\"width: 213px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-52460\" src=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.31-PM.jpeg\" alt=\"\" width=\"213\" height=\"284\" srcset=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.31-PM.jpeg 810w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.31-PM-225x300.jpeg 225w, https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/WhatsApp-Image-2021-10-26-at-10.48.31-PM-768x1024.jpeg 768w\" sizes=\"auto, (max-width: 213px) 100vw, 213px\" \/><figcaption id=\"caption-attachment-52460\" class=\"wp-caption-text\">Ibrahim Garba Maryam Human Right Activist\/Advocacy Expert.<\/figcaption><\/figure>\n<p>Garba Maryam lamented that Majority of Nigeria&#8217;s citizens can not afford to eat talkless of saving Money in the banks which will enable them use the newly Introduced eNaira<\/p>\n<p>The activists added that<br \/>\nthe present administration of Nigeria lack good and stable Ecomonic policies and programmes that can champion its development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Abba Hamisu Sani Africa-Press-Nigeria . The Major Story trending in both Electronic,Print and Online news Platforms in Nigeria at the beggining of this Week is the Historic Ceremonial launch of Digital Currency &#8221; eNaira&#8221; by Nigeria&#8217;s Apex Bank .(E-Naira). President Muhammadu Buhari on Monday unveiled the e-Naira. Buhari launched the country\u2019s digital currency at [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":52452,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,1437,29,14],"tags":[5780,5781,653,5779,5778],"class_list":["post-52451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-head-lines","category-policy","tag-central-bank-governor","tag-crypto-currency-in-nigeria","tag-emefiele","tag-nigerias-apex-bank","tag-nigerias-digital-currency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria Launches Digital Currency eNaira - Nigeria<\/title>\n<meta name=\"description\" content=\"The Major Story trending in both Electronic, Print and Online news Platforms in Nigeria at the beggining of this eNaira\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria Launches Digital Currency eNaira\" \/>\n<meta property=\"og:description\" content=\"The Major Story trending in both Electronic, Print and Online news Platforms in Nigeria at the beggining of this eNaira\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-26T19:34:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-26T22:29:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/PRESIDENT-BUHARI-LAUNCHES-eNAIRA-1A-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"987\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria Launches Digital Currency eNaira\",\"datePublished\":\"2021-10-26T19:34:05+00:00\",\"dateModified\":\"2021-10-26T22:29:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\"},\"wordCount\":421,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/10\/PRESIDENT-BUHARI-LAUNCHES-eNAIRA-1A-scaled-1.jpg\",\"keywords\":[\"Central Bank Governor\",\"Crypto currency in Nigeria\",\"Emefiele\",\"Nigeria's Apex Bank\",\"Nigeria's Digital Currency\"],\"articleSection\":[\"all news\",\"files\",\"head lines\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/files\/nigeria-launches-enaira\",\"name\":\"Nigeria Launches Digital Currency eNaira - 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