Fintechs to explore eNaira for investment options

bank digital currency was created solely for financial transactions.

Jelil, however, said such products would be approved by the apex bank before they are rolled out. He did not give details about the likely investment opportunities but said the CBN would wait on the techies to come up with their initiatives. The regulator had earlier disclosed that USSD was part of the grand plan to drive the adoption in rural communities and areas where poor Internet connectivity.

He urged traders to see eNaira as their “reliable and secured” media for sending and receiving money, including cross-border financial transactions.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TETFund seeks more investment in basic schools to enhance learning | The Guardian Nigeria News - Nigeria and World NewsExecutive Secretary of Tertiary Education Trust Fund (TETFund), Sonny Echono, has called for more investment in primary and secondary schools to enhance the pursuit of purposive tertiary education, tailored towards meeting the needs of the society. I cure Diabetes in less than two weeks with powerful Herbal mixture that is prepared with some fruits leafs,after taken my Herbal mixture,u will be able to eat any food of ur choice,if u are living with Diabetes,u will be restricted frm eaten some certain foods,I bring hope for u
Source: GuardianNigeria - 🏆 1. / 94 Read more »