CBN Suspends Launch Of E-Naira

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Naijanews Sept. 30, 2021 9:13 p.m.

CBN Suspends Launch Of E-Naira

Recall that the CBN had earlier announced the launch of its digital currency (e-Naira) pilot program in October, citing cross-border trade facilitation, financial inclusion, monetary policy effectiveness, improved payment efficiency, revenue tax collection, remittance improvement, and targeted social interventions as benefits of the digital currency.

The country’s apex bank is however yet to fix a new date to carry out the launch of e-Naira..

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