Nigeria President Muhammadu Buhari on Monday unveiled the e-Naira.
Buhari launched the country’s digital currency at the Presidential Villa, Abuja.
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.
The digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.
The country’s apex bank had 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.
CBN noted that the launch of the digital currency is a major step forward in the evolution of money.
The bank vowed to ensure that the e-Naira, like the physical Naira, is accessible by everyone.