TECHDIGEST – The Deputy Governor of Central Bank of Nigeria, CBN, in charge of Economic Policies, Kingsley Obiora, has said that the eNaira launched by their apex bank will facilitate efficient, and reliable payments for electronic transactions.

He made this known while delivering his opening remark during the ‘Abuja eNaira Merchants Mega Events’ held at the Abuja Chambers of Commerce and Industry Conference Centre.

The event was organized by CBN, in collaboration with Arabatech, Pnail, and the Abuja chambers of Commerce and Industry, ACCI.

Obiora explained that the introduction of the eNaira by the CBN has immediately put Nigeria in the global spotlight as the first African country to launch the Central Bank Digital Currency (CBDC).

He said: “As a complement to the existing forms of CBN-issued legal tender currency, the eNaira serves as both a store of value and a medium of exchange, offering improved efficiency in Nigeria’s payment ecosystem.

“This event therefore seeks to bring together regulators, partners, merchants and other key stakeholders to further deepen the adoption of the eNaira, thereby enhance Nigeria’s quest for economic development that is supported by a world class payment system infrastructure”.

The apex bank Deputy Governor assured merchants that the CBN will continue to innovate and upgrade the eNaira platform to serve business and deepen the digital economy in Nigeria.

“Merchants such as petrol stations, supermarkets, e-commerce and other businesses not only have significant roles to play in driving the adoption of eNaira, but can also leverage on the opportunities offered by eNaira to improve cash management and make savings in operating the cost,” Obiora said.

He further disclosed that CBN has approved a reward scheme for merchants and other users of eNaira.

According to him, “This reward scheme includes providing merchants with the required promotional (marketing) materials, subsidizing the current merchant service charge by 50% and activation of a nationwide sensitization which early business adopters of eNaira can leverage on to market its wider adoption.

“Value added services on the platform includes branch/sub wallets, employees management (i.e roles and permissions) as well as interoperability with other enterprise applications.

“These services are provided in a secure environment as the eNaira platform was built using a very secure security protocol”.

On his part, President of the Abuja Chambers of Commerce and industry, (ACCI), Dr. Al- Mujtaba Abubakar, highlighted the importance of the eNaira project, saying: “If fully embraced, there are several benefits attached to it’s for the business community. Some of the benefits include; speedy delivery, safe, simple trading, transactional opportunities to customers and end users”.

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TECHDIGEST – The Central Bank of Nigeria in Collaboration with Arabatech, Pnail and Abuja Chambers of Commerce set to organize first Abuja e-Naira Merchant Mega Events for Nigerians business communities to participate is few days to come.

The mega event, scheduled to hold on Saturday, 27th August, 2022 at Abuja Chambers Of Commerce Convention Centre is expected to host participants including Merchants, Traders, Cooperative Societies, Business Association, Supermarket, Hotels, Restaurant Chains, Service Providers, Private Schools Owners, Transporters, Small and Medium Business Enterprises among others.

The e-Naira is a Central Bank of Nigeria digital currency backed by law and issued by the CBN as a legal tender. It is the digital form of the current physical naira with monetary value.

READ ALSO: CBN, Arabatech, Others invite Nigerians For e-Naira Merchant Mega Event

As part of the benefits of the event, there will be  direct onboarding of merchants, and empowerment with endless possibilities when one is enrolled as e-Naira Merchant Agents and equally onboard his business.

Participants are expected to reserve their seats by registering through clicking on the provided link ( www.arabatech.ng/register) or making calls through these phone numbers: 09086998710, 08098899277.

There is virtual participation for Abuja eNaira Merchants Mega Event, zoom link for those who want to participate virtually. Register in advance for this Event here:
https://cbn-gov-ng.zoom.us/meeting/register/tZwpcuCorzwiHtZyogc1ugaCEOasSBcNBAJn

After registering, you will receive a confirmation email containing information about joining the meeting. Be free to share with your network and business owners.

Recall that, e-Naira project is part of the digital financial inclusion programme of the Central Bank of Nigeria.

The post CBN, Arabatech, Others Set To Organize First Abuja e-Naira Merchant Mega Event appeared first on Tech Digest News.

By Abbas Badmus

TECHDIGEST – The Central Bank of Nigeria in Collaboration with Arabatech, Pnail and Abuja Chambers of Commerce and Industry have invited Nigerians business communities to participate in the upcoming Abuja E-Naira Merchant Event.

The mega event, scheduled to hold on Saturday, 27th August, 2022 at Abuja Chambers Of Commerce Convention Centre is expected to host participants including Merchants, Traders, Cooperative Societies, Business Association, Supermarket, Hotels, Restaurant Chains, Service Providers, Private Schools Owners, Transporters, Small and Medium Business Enterprises among others.

The e-Naira is a Central Bank of Nigeria digital currency backed by law and issued by the CBN as a legal tender. It is the digital form of the Naira used as cash.

As part of the benefits of the event, there will be empowerment and endless possibilities when one is enrolled as e-Naira Merchant Agents and equally onboard his business.

Participants are expected to reserve their seats by registering through clicking on the provided link or visit www.arabatech.ng or making calls through these phone numbers: 09086998710, 08098899277.

Recall that, e-Naira project is part of the digital financial inclusion programme of the Central Bank of Nigeria.

The post CBN, Arabatech, Others invite Nigerians For e-Naira Merchant Mega Event appeared first on Tech Digest News.