LAUNCH OF eNAIRA ELICITS REACTIONS

BY CHRIS TONY AKHABUE The launch of eNaira at the State House, Abuja, on Monday, the 25th October, by the President of the Federal Republic of Nigeria, President Muhamadu Buhari, has continued to elicite reactions from Nigerians. According to the Director, Corporate Communications of the Central Bank of Nigeria, Osita Nwanisobi , the launch of eNaira by President Muhamadu Buhari is the culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payments systems in order to make financial transactions easier and seamless for every strata of the society. According to him, the eNaira marks a major step forward in the evolution of money. In a Press Release made available to the Press, he said the eNaira marks the evolution of money and that the Central Bank of Nigeria is committed to ensuring that the eNaira, like the physical Naira is accessible by everyone. He said," given that the eNaira is a journe...