NewsCBN Marks First Anniversary Of eNaira

CBN Marks First Anniversary Of eNaira

October 21, (THEWILL) – The Central Bank of Nigeria (CBN) has unveiled a programme of events to commemorate the first anniversary of the launch of Africa’s First Central Bank Digital Currency (CBDC), the “eNaira”.

The eNaira was formally launched on 25th October, 2021, by President Muhammadu Buhari.

A statement by the Director, Corporate Communications Department, Osita Nwanisobi, said the implementation of the eNaira had put Nigeria in the global spotlight as one of the pioneers to deploy a CBDC into live production.

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This, the statement said, had continued to attract the interest of global stakeholders such as the IMF, World Bank, other Central Banks, and the CBDC community.

As part of activities lined up to mark the first anniversary of the eNaira, the statement said the CBN will hold a one-day workshop themed “Leveraging Innovation for Inclusive Growth and Development: The eNaira Advantage” scheduled to take place on Tuesday, October 25, 2022, at the Eko Hotel and Suites, Victoria Island, Lagos.

The objectives of the workshop include the review of the eNaira implementation journey, one year after; to drive further adoption of the eNaira through public engagement, and facilitating global policy dialogue on CBDC to promote peer learning and benchmarking.

According to the statement, the event will be hosted by the Governor, Godwin Emefiele, while the Ministers of Communication and Digital Economy and Humanitarian Affairs will be speakers at the event.

Other key participants at the event include the Chief Executives of the Securities and Exchange Commission (SEC), the Nigeria Inter-Bank Settlement System Plc (NIBSS), the Nigerian Deposit Insurance Corporation (NDIC), and the National Information Technology Development Agency (NITDA), members of the Bankers’ Committee, the academia, financial services, and telecommunications regulators, merchants, agents, cooperative groups and technical experts, the entertainment industry; amongst others.

The event will also feature a policy round-table discussion on “Effective Collaboration for National Development (Infrastructure, Interoperability, regulation)” and a panel discussion on “eNaira Adoption for economic growth”.

The apex bank urged Nigerians to be part of the celebration which shall be streamed live on the Bank’s social media channels as well as those dedicated to the eNaira.

Members of the public are therefore urged to visit the website (www.enaira365days.com) to register and participate in the workshop.

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