The Central Bank of Nigeria (CBN) has announced that the eNaira transactions hit N46.3 million in the first two weeks of its launch.
An unnamed senior official of the CBN informed the Financial Times of London that the value of transactions seen in the first two weeks has proven that the eNaira will drive financial inclusion.
“The currency’s first week and a half, was a resounding success, with roughly 400,000 new wallets registered in dozens of nations and clients making 12,500 transactions worth N46.3 million,” he said.
President Muhammudu Buhari officially unveiled eNaira on the 25th of October 2021 and had over 200,000 downloads 24 hours after launch.
However, 48 hours after the digital currency was launched the eNaira speed wallet vanished from the Google Play Store, raising concerns among Nigerians.
Regardless, the problem was quickly resolved, with the CBN blaming Nigerians for the disappearance since many customers failed to enter their data correctly, resulting in the app’s glitch.
