President Muhammadu Buhari has finally launched the much-talked Central Bank of Nigeria (CBN) digital currency, the e-Naira.
While launching the digital currency, at the State House, Abuja, Monday afternoon, the president commended the CBN Governor, Mr. Godwin Emefiele, for his efforts towards ensuring a more efficient payment system in the country.
In his address, Mr. Emefiele announced a new financial instrument titled “The 100 for 100 PPP – Policy on Production and Productivity,” to reduce the nation’s overdependence on imports.
According to the governor, the instrument, “will be anchored in our Development Finance Department under my direct supervision.
More to come…