eNaira to be USSD enabled from next week
Economy, Headlines, Naira (Currency) Thursday, August 18th, 2022From next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on any phone.
To carry out these transactions, Nigerians will only have to dail *997 from their phones.
Central Bank of Nigeria (CBN) Governor Godwin Emefiele stated these at the Grand Finale of the 2022 eNaira Hackathon in Abuja.
According to him: “Nigerians, both banked and unbanked, will be able to open an eNaira wallet and conduct transactions by simply dialling *997 from their phones.
“Shortly after this, both merchants and consumers with bank accounts can use the NIBSS Instant Payment (NIP) to transfer and receive eNaira to any bank account.”
“This will further deepen the integration of the eNaira with the existing national payment infrastructure”.
The CBN Governor reiterated his “promise to increase the level of Financial Inclusion in the Country because just like the Naira, the eNaira is expected to be accessible to all Nigerians . And would provide more possibilities to bring in the unbanked into the digital economy.”wp_posts
Related Posts
- Footballer, Bukayo Saka, preserves his Yoruba identity through marriage
- Benin Republic arrests a dozen soldiers over coup attempt
- South moves against northern bandits
- Profile of New Defence Minister, Christopher Musa
- Tinubu nominates ex-CDS Christopher Musa as Defence Minister
Short URL: https://newnigerianpolitics.com/?p=64102
Posted by admin
on Aug 18 2022. Filed under Economy, Headlines, Naira (Currency).
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
