Ahead of the launch of the Central Bank of Nigeria’s digital currency, the official website for the eNaira went live at the weekend and recorded over a million hits in 24 hours.
The CBN-issued digital currency provides a unique form of money denominated in the nation’s legal tender.
It serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.
For more on the impact of the eNaira, Johnson Chukwu, Founder and Managing Director of Cowry Asset Management Limited, joined the Morning Show on Tuesday.
Watch the interview…