• Business - Economy
  • Updated: May 25, 2023

CBN Sensitises Women On eNaira

The Central Bank of Nigeria (CBN) has taken the sensitisation drive of eNaira to women during the Law Ladies Day programme in University of Lagos, Yaba, Lagos.

Accordjng to a statement, the aim of the sensitisation is to promote adoption of eNaira, the country’s central bank digital currency amomg women, students, law students and other Nigerians who gathered for the 2023 Law Ladies’ Day programme in UNILAG, Yaba, Lagos.

In line with the law ladies’ day programme themed, ‘Defying stereotypes: Celebrating the different shades of femininity’, the CBN used the opportunity to reach out to students and others within the university campus, to sensitise them on the benefits and importance of eNaira transactions and why they should use the channel.

Mary Fasheitan, the Special Adviser Payment Systems to the CBN Governor who spoke on the importance of eNaira and its advantages stated that it is high time women embraced eNaira for transactions.

According to her, eNaira offers financial freedom and women inclusivity where other financial instruments did not provide.

"It offers fast transaction time, cross board payment option and gives women financial inclusion.

"eNaira provides a unique form of money denominated in Naira.

"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.

"It has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money", she noted.

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Felicia Abisola  Olamiji
Felicia Abisola Olamiji

  A graduate of English Language from Olabisi Onabanjo University, passionate about learning new...

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