The central Bank of Nigeria (CBN) has said that the eNaira will continue to co-exist with the conventional Naira note in circulation.
The Director of corporate communications Department of the apex bank, Osita Nwanisobi, who said this while disclaiming a statement made by an officer of the bank during a stakeholders’ engagement on eNaira adoption in Asaba, Delta state, called on the general public to disregard such in it’s entirety.
Nwanisobi said that the digital version of the Naira is meant to complement the existing currency notes and therefore, will circulate simultaneously as means of exchange and store of value.
On the benefits of adopting the eNaira, the spokesman said that the digital legal tender aside from the safety and speedy features, will also ensure greater access to financial services by the underbanked and unbanked populace thereby enhance financial inclusion.
The spokesman therefore, advised members of the public and business owners to embrace the digital currency, the eNaira as it offers more possibilities.
The eNaira was formally launched into circulation by President Muhammadu Buhari in October last year
