ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home Business

No plans to withdraw naira notes — CBN

21st May 2022
in Business, National
0
CBN
0
SHARES
160
VIEWS
Share on FacebookShare on Twitter

From Uche Usim, Abuja

The Central Bank of Nigeria (CBN), on Saturday, vehemently debunked viral reports that it intends to replace the naira notes in circulation with digital currency, the eNaira, in near future.

In a telephone conversation with Sunday Sun in Abuja, the Director, Corporate Communications Department of the apex bank, Mr Osita Nwanisobi, disowned the statement that purportedly emanated from a stakeholders’ engagement on eNaira adoption in Asaba, Delta State.

According to him, the conversation around eNaira was totally misconstrued and therefore called on the public to totally disregard it in its entirety.

Mr Nwanisobi explained that the digital version of the naira was meant to complement the existing currency notes and therefore, will circulate simultaneously as a means of exchange and store of value; and not to knock off naira notes.

On the benefits of adopting the eNaira, the Spokesman hinted that the digital legal tender aside from the safety and speedy features, also ensures greater access to financial services by the underbanked and unbanked populace, thereby enhancing financial inclusion.

Mr Nwanisobi therefore, urged members of the public and business owners to embrace the digital currency, eNaira, as it offers more possibilities and unrivalled convenience.

The eNaira was formally launched into circulation by President Muhammadu Buhari in October last year and has witnessed massive downloads of the app as Nigerians embraced it.

Ajiri Daniels

Ajiri Daniels

Sun News Online Team

Related Posts

Insecurity: Matawalle leads operation against bandits
National

Insecurity: OPC leader, Adams, backs Mattawalle’s directive on self-defence

28th June 2022
Imo and Bayelsa conundrums: Where are the Lawyers?(2)
National

Untold story of CJN’s resignation

28th June 2022
$1.3bn tax assessment: Court to hear MTN’s suit against AGF on June 26
National

Marginalisation: Suit against Buhari, AGF, others get Oct 19 date

28th June 2022
Next Post
Edo govt to train 100 persons on MSMEs

Edo govt to train 100 persons on MSMEs

Deborah: Restrict protest within church premises, CAN tells churches

Deborah: Restrict protest within church premises, CAN tells churches

TRCN, ANUB Media to make teachers first-class citizens

TRCN reschedules certification exam in Sokoto, Zamfara over security concerns

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Ekiti guber poll: Detained pregnant woman, others accused of vote-buying slam N100m suit on EFCC

129 lawyers shortlisted for SAN award

Army trains 34 on armament, ammunition management

Why women should not beg for Vice-President’s post

Manufacturers’ industrial capacity reduced to 30% over rising production cost

Applause as Lagos is certified refugee-friendly city

Trending

Insecurity: Matawalle leads operation against bandits
National

Insecurity: OPC leader, Adams, backs Mattawalle’s directive on self-defence

28th June 2022
0

From Oluseye Ojo, Ibadan, Bamigbola Gbolagunte, Akure The highest decision-making organ of the Aare Ona Kakanfo of...

Imo and Bayelsa conundrums: Where are the Lawyers?(2)

Untold story of CJN’s resignation

28th June 2022
$1.3bn tax assessment: Court to hear MTN’s suit against AGF on June 26

Marginalisation: Suit against Buhari, AGF, others get Oct 19 date

28th June 2022
2019: Why election boycott is not an option

Ekiti guber poll: Detained pregnant woman, others accused of vote-buying slam N100m suit on EFCC

28th June 2022
129 lawyers shortlisted for SAN award

129 lawyers shortlisted for SAN award

28th June 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • Insecurity: OPC leader, Adams, backs Mattawalle’s directive on self-defence
  • Untold story of CJN’s resignation
  • Marginalisation: Suit against Buhari, AGF, others get Oct 19 date
  • Ekiti guber poll: Detained pregnant woman, others accused of vote-buying slam N100m suit on EFCC
  • 129 lawyers shortlisted for SAN award
  • Army trains 34 on armament, ammunition management
  • Why women should not beg for Vice-President’s post
  • Manufacturers’ industrial capacity reduced to 30% over rising production cost
  • Applause as Lagos is certified refugee-friendly city
  • Osun: Douye, Wike, 124 others lead PDP campaign
  • S’African investor to establish 5,600MW solar power in Kebbi
  • Why low air traffic persists amidst insecurity –Akpuriaye, NANTA boss
  • Diesel price: 10,000 Nigerian seafarers to lose jobs in 2 months
  • 2023: Choice of running mate as APC’s albatross
  • $450m foreign airlines’ trapped funds threaten Nigeria’s aviation industry
  • NCCE uncovers 200 illegal institutions
  • CISLAC calls for probe of military contractors
  • 2023: Nigerians’ votes’ll determine winners –INEC
  • NDLEA rehabilitates 257 drug addicts in Edo
  • We’ve built Port Harcourt law school for self-sustaining –Wike

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....