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Sankaraoffline

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  • Sankara posted in the group Business

    1 month, 2 weeks ago
    Nigerians without internet-enabled phones will be able to use the eNaira, according to the Central Bank of Nigeria.

    The CBN revealed this in a document titled “Design paper for the eNaira.”

    Ultimately, eNaira’s usability would definitely improve as Nigerians would be able to transact without having to subscribe to data or having an internet enabled phone.

    CBN said, “The eNaira thus risks further alienating sections of the population who are uneducated, lack exposure and access to internet services or digital devices.”

    “To mitigate this risk, the bank factored in the need for inclusiveness as part of the core design principle of the eNaira. This principle has enabled the bank to focus on simplicity and ease of use, ensuring that Nigerians without Internet-enabled phones can access the service,” the CBN added.

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