Emefiele: eNaira Recorded N8bn Transactions in One Year •Says CBN targeting 100% cashless economy •Set to partner, on-board revenue collection agencies, others Nume Ekeghe The Central Bank of Nig
•Set to partner, on-board revenue collection agencies, othersThe Central Bank of Nigeria Governor, Mr. Godwin Emefiele yesterday disclosed that the country’s digital currency, the eNaira recorded a total of N8 billion transactions in the first one year after it was launched by President Muhammadu Buhari.
He also said the central bank was set to collaborate with the Ministry of Humanitarian Affairs for targeted social welfare programs as well as to on-board revenue collection agencies on the digital currency platform. “Specifically, there has been overwhelming interest and encouraging response from Nigerians and other parties across the world with 33 banks fully integrated and live on the platform; N3 billion has been successfully minted by the bank, N2.10 billion has been issued to financial institutions and about one million customers have been on-boarded.
“Banks have incurred a lot of costs in an attempt to embrace a cashless economy. We also had collaborations with mobile networks and had payment service banks using all sorts of channels. “I want to say we have provided all the needed infrastructure that will enable us make cashless a nationwide journey. It is not something that some of us will like, but we would in the coming weeks and months make pronouncements that must make cashless go nationwide. I believe part of those pronouncements will begin from tomorrow and there will be some breaking news tomorrow.