eNaira


What is the meaning of eNaira? This page is about the meaning and definition of eNaira.

Meaning of eNaira

eNaira is a central bank digital currency (CBDC) issued by the Central Bank of Nigeria as a legal tender. eNaira is the digital form of the Naira and will be used just like cash.

eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.


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