CBN Urges Women To Use eNaira For Transactions

The Central Bank of Nigeria (CBN) has called on women to embrace the eNaira for their transactions.

The apex bank said this during a sensitisation programme on eNaira at the Law Ladies Day programme at the University of Lagos (Unilag) Akoka, 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 e-Naira transactions and why they should use the channel.

The Special Adviser, Payment Systems to the Governor of the CBN, Mary Fasheitan, who took women through the importance of eNaira, advantages and opportunities the digital currency offers to the financial community and women, stated that it was high time women embraced the eNaira for transactions.

She said, “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.”

Fasheitan encouraged female law students to embrace e-Naira and transact with it because it was safe, secure and fully digitalized.