• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • CBN

      The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri…

      Ibrahim Yahaya Dandakata of Arewa Economic Forum AEF

      AEF Slams CBN’s New BDC Policy, Cites Threat to Northern Economy…

      Google Search Tech Digest

      7 Smart Google Search Tips That Will Save You Hours By…

      U.S. VISA

      REVEALED: Why US Reduced Visa Validity for Nigerians to 3 Months…

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria Customs Takes Anti-Money Laundering Fight to the Skies

  • National
    • Senator Ireti Kingibe Defects from Labour Party, Joins ADC

      FG Secures 44 New Convictions in Terrorism Financing Trial

      Board Approves Promotion of 95 Senior Officers in Immigration, Civil Defence,…

      Officers of NSCDC Mining Marshals

      Alake’s Verdict on Mining Marshals By Abdullahi O Haruna Haruspice

      CBN

      The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri…

    • Government
      • Senator Ireti Kingibe Defects from Labour Party, Joins ADC

        Police Officer

        Niger Police Confirm Arrest of 22 Illegal Miners After Violent Clash

        Governor Yusuf of Kano Wins Top Infrastructure Award at London’s 15th…

        Mohammed Idris

        Local Government Autonomy Not Negotiable — FG Declares

        NELFUND

        NELFUND Resumes Monthly Upkeep Payments, Credits Over 3,600 Students

  • Security
    • Bandit banditry

      Lakurawa kills 3 police operatives in Kebbi

      Police Officer

      Niger Police Confirm Arrest of 22 Illegal Miners After Violent Clash

      FG Secures 44 New Convictions in Terrorism Financing Trial

      Troops Nab Three Gunrunners, Recover AK-47 Rifles, Ammo in Kaduna

      Board Approves Promotion of 95 Senior Officers in Immigration, Civil Defence,…

  • Features
    • Officers of NSCDC Mining Marshals

      Alake’s Verdict on Mining Marshals By Abdullahi O Haruna Haruspice

      CBN

      The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri…

      Soludo and Radda’s Candid Confessions on Homegrown Terror By Tahir Ahmad

      Nigerian Banks

      Nigeria’s Second Chance at a Global Cashless Future By Fatimah Yusuf…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Customs, NAFDAC Activate MoU to Fight Substandard Products By Abdullah Maiwada

  • State
    • Senator Ireti Kingibe Defects from Labour Party, Joins ADC

      Bandit banditry

      Lakurawa kills 3 police operatives in Kebbi

      Police Officer

      Niger Police Confirm Arrest of 22 Illegal Miners After Violent Clash

      Governor Yusuf of Kano Wins Top Infrastructure Award at London’s 15th…

      Troops Intercept 3 Gunrunners, Seize Weapons, Cash in Kaduna

  • Event
    • Asiwaju Adegboyega Solomon Awomolo

      47 Years of Excellence: Honoring Asiwaju Awomolo, SAN

      NCoS inmates

      58 Inmates in Kano Sit for 2025 NECO Exams, Thanks to…

      Troops of the Nigerian Army giving a salute

      162nd Anniversary: Tinubu Salutes Nigerian Army, Hails Troops as Guardians of…

      President & Chairman of Governing Council, Dr. Ike Neliaku

      NIPR Lauds Nigerian PR Firms for Outstanding Performances at 2025 SABRE…

      SCN NGO signs partnership with PRNIGERIA

      SCN NGO Seals Partnership with PRNigeria to Amplify its Humanitarian Projects

    • PR Nigeria Award
  • E-Paper
Home National Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m
  • National

Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m

By
Prnigeria
-
February 2, 2023
PRNigeria logo fearured image

Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m

Nigerians captured on the Central Bank of Nigeria (CBN)’s e-Naira platform have increased to three million from the previous figure of just over one million.

In the wake of series of policies like naira redesign and cash withdrawal limit churned out recently by the CBN to advance the country’s movement into full cashless system, the apex bank has embarked on a lot of aggressive marketing of the e-Naira as the most viable alternative to cash availability.

Economic Confidential reports that there has been a dramatic increase in the number of Nigerians on the e-Naira platform, and the number has increased to three million.

A top source in the apex bank who didn’t want to be named because he was not authorised to speak on the matter told ECONOMIC CONFIDENTIAL that the CBN’s recent simultaneous sensitisation programmes across the country is responsible for this rapid increase in e-Naira enrollment.

This is happening at a time when many Nigerians are queueing at banks and Automatic Teller Machines (ATMs) in search of old and new naira notes to spend.

CBN governor Godwin Emefiele had, after meeting President Muhammadu Buhari last week, shifted the deadline for the expiration of old naira notes from January 31 to February 10.

This has, however, not stopped the problems as Nigerians are still unable to access cash for transactions.

Read Also:

  • Senator Ireti Kingibe Defects from Labour Party, Joins ADC
  • Lakurawa kills 3 police operatives in Kebbi
  • Niger Police Confirm Arrest of 22 Illegal Miners After Violent Clash

The source told Economic Confidential that the e-Naira is the way forward, a way out of the chaos Nigerians have been experiencing for the past few weeks.

“If all Nigerians can embrace the e-Naira, there won’t be a need for all the suffering and chaos. The e-Naira is easy, affordable, with no bank charges and no network headache.

“And if I may confide in you, the CBN is working round the clock to simplify the e-Naira even further. With new developments coming up, you wont be needing smartphones, internet, bank accounts, or even BVN to use the e-Naira. I don’t know of any system that can help Nigerians beyond this e-Naira.

“CBN Officials have been busy going round the country to aggressively campaign for more Nigerians to enrol on the e-Naira platform.

“They have been holding meetings and workshops with okada riders, tricycle operators, roadside sellers, artisans, and others who make up the informal sector, and the result has been massive. And that is why three million Nigerians are now using the e-Naira to do business and do personal transactions, ” the source said.

President Buhari had, in October 2021, launched the e-Naira with pomp and pageantry, making Nigeria the first country in Africa to embrace digital currency.

Emefiele had informed Nigerians that the e-Naira had come to make transfers easier, cheaper, and more efficient as well as eradicate intermediaries and the network problems that made transactions complicated

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • CBN
  • Godwin Emefiele
Previous articleFHA Confirms Building Collapse in Abuja, Four Persons Rescued
Next articleFRSC Appoints DCMs, Promotes 3628 other Senior Officers
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

Senator Ireti Kingibe Defects from Labour Party, Joins ADC

FG Secures 44 New Convictions in Terrorism Financing Trial

Board Approves Promotion of 95 Senior Officers in Immigration, Civil Defence, Fire, Correctional Services

Officers of NSCDC Mining Marshals

Alake’s Verdict on Mining Marshals By Abdullahi O Haruna Haruspice

CBN

The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo Laruba

Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

Customs Hands Over 99.2bn Worth of Illicit Pharmaceutical Products to NAFDAC

President Muhammadu Buhari

Rat Story Was a Smokescreen to Divert Attention from Buhari’s Health – Garba Shehu Reveals

Nigerian Banks

Nigeria’s Second Chance at a Global Cashless Future By Fatimah Yusuf Usman

Air Chief Rallies New Intelligence Officers for Proactive Security Response

Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

Customs, NAFDAC Activate MoU to Fight Substandard Products By Abdullah Maiwada

NELFUND

NELFUND Resumes Monthly Upkeep Payments, Credits Over 3,600 Students

Seal of the Nigerian Senate

NNPCL Must Account for ‘Unreconciled’ N210tr in Financial Statements – Senate Insists

Recent Posts

  • Senator Ireti Kingibe Defects from Labour Party, Joins ADC
  • Lakurawa kills 3 police operatives in Kebbi
  • Niger Police Confirm Arrest of 22 Illegal Miners After Violent Clash
  • FG Secures 44 New Convictions in Terrorism Financing Trial
  • Troops Nab Three Gunrunners, Recover AK-47 Rifles, Ammo in Kaduna
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Senator Ireti Kingibe Defects from Labour Party, Joins ADCLakurawa kills 3 police operatives in KebbiNiger Police Confirm Arrest of 22 Illegal Miners After Violent ClashFG Secures 44 New Convictions in Terrorism Financing TrialTroops Nab Three Gunrunners, Recover AK-47 Rifles, Ammo in KadunaBoard Approves Promotion of 95 Senior Officers in Immigration, Civil Defence, Fire, Correctional ServicesAlake's Verdict on Mining Marshals By Abdullahi O Haruna HaruspiceThe Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo LarubaGovernor Yusuf of Kano Wins Top Infrastructure Award at London’s 15th African Achievers EventLocal Government Autonomy Not Negotiable — FG DeclaresNigeria’s Future Rests on Smart Defence Management — Badaru to Military LeadersCustoms Hands Over 99.2bn Worth of Illicit Pharmaceutical Products to NAFDACTroops Intercept 3 Gunrunners, Seize Weapons, Cash in KadunaTroops Bust IPOB/ESN Logistics Network, Arrest Informants in Southeast — DHQSoludo and Radda’s Candid Confessions on Homegrown Terror By Tahir Ahmad
X whatsapp