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Central Bank Of Nigeria Expresses Displeasure Commercial Banks are Ignoring eNaira a Month after Launch

by CBDC Insider
December 2, 2021
in Africa, Business
Reading Time: 1min read
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Central Bank Of Nigeria Expresses Displeasure Commercial Banks are Ignoring eNaira a Month after Launch
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The Central Bank of Nigeria on Wednesday frowned at commercial banks across the country for not promoting the e-Naira launched with fanfare in October 2021. According to CBN commercial banks in Nigeria for not doing much to educate the Nigerians about the many benefits of eNaira platform.

Head, Finance Department of the CBN, Aminu Muhammad, an Assistant Director, made this known while speaking in Kaduna stressing that financial institutions that are under the purview of the CBN are supposed to play critical roles in growing the economy.

Muhammad disclosed this while addressing youth corps members, hundreds of students from tertiary institutions across the state, and other members of the public on the eNaira initiative the Nation reports.
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