• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, July 17, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

CBN takes eNaira sensitisation to Tejuosho, Balogun traders

eNaira

The Matters Press by The Matters Press
June 26, 2022
Reading Time: 2 mins read
0
CBN to introduce USSD code to improve eNaira

The Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, on Saturday sensitised traders and consumers at Tejuosho Market on how to conduct eNaira transactions.

RELATED POSTS

Befitting honour for former President Buhari commendable – TMSG

17-member committee for burial of Buhari

Lagos falls flat to APC

Traders in wears, shoes, kitchen items, among other commodities, were encouraged to open the eNaira wallet as the easiest way to buy goods and carry out other services.

Speaking at the sensitisation exercise, the Brand Ambassador for eNaira, Gabriel Afolayan, urged Nigerians to accept the CBN digital currency as it was “a very good platform for customers and buyers.”

“eNaira is the way to go now because a lot of people don’t want to move around with liquid cash.

“It’s mainly for people that are into business because sometimes even when you order for stuff and the money doesn’t get delivered on time, eNaira will solve that problem with just sharing code between the buyer and the seller as well.

“So right now, in 2022 and beyond, eNaira is the way to go; that is the easiest way to buy stuff without having to look at your back that you have somebody who wants to steal from you.

“All you need to do is just communicate with who you’re transacting with, and once you share your barcode, business is solved,” he said.

Afolayan, an Actor and a Singer, however, said the acceptability of eNaira in the movie industry was progressing slowly, promising to take the message to the rest.

“The acceptability is a gradual thing and I think by starting from now, we’ll take the gospel to the rest; and like I said, it’s a big world now, it’s a global village.

“Mostly, a lot of people deal with crypto currencies and other stuff, so this is our own version (eNaira) of it. It’s safer and it’s the best for now.

“So, as a movie person, I think representing eNaira is one of those things that will get the message to the rest of us. So, I’m imploring everybody to be on board with the naira,” he said.

He urged people to go to the play store and apple store to download the app, saying it was not complicated, rather easy to operate, just like a one speed dial.

Some of the traders who spoke on the initiative, commended the apex bank for introducing eNaira, saying that it would help in solving the long wait experienced in transferring cash.

They promised that they would take the message to their colleagues who were absent.

The apex bank on Friday took the sensitisation train to Balogun Market, in spite of the heavy downpour and were also praised by some traders.

eNaira is a CBN digital currency issued and regulated by the apex bank, denominated in naira.

It serves as both a medium of exchange and a store of value, and it is said to offer better payment prospects in retail transactions when compared to cash.

Tags: eNaira
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Befitting honour for former President Buhari commendable – TMSG
Economy/Technology

Befitting honour for former President Buhari commendable – TMSG

July 17, 2025
Buhari attends inauguration of Barrow of Gambia
Entertainment/sports

17-member committee for burial of Buhari

July 14, 2025
Lagos falls flat to APC
Economy/Technology

Lagos falls flat to APC

July 13, 2025
African intellectuals release letter to world, caution continent on selfness
Economy/Technology

Nigeria celebrates Soyinka at 91

July 13, 2025
China introduces new visa
Economy/Technology

Nigeria maintains issuance of 5-year visa to Americans

July 13, 2025
ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP
Energy

ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP

July 10, 2025
Next Post
Nigeria targets $1.2bn export capacity for every state

OPEXA wants NASS to expedite ratification of N375bn export grant

Africa-Europe Alliance presents progress report

How Africa will overtake America

Recommended Stories

Transparency group commends NEPZA of its anti-corruption reforms

Transparency group commends NEPZA of its anti-corruption reforms

December 15, 2021
Metuh bags 7 years imprisonment, to refund N375m

Metuh bags 7 years imprisonment, to refund N375m

February 25, 2020
$20b Dangote Refinery finally Rolls Out Petrol

First private Refinery, a unique feat worth celebrating

September 18, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Befitting honour for former President Buhari commendable – TMSG
  • 17-member committee for burial of Buhari
  • Lagos falls flat to APC

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us