The Central Bank of Nigeria (CBN) has launched a website for the operations of eNaira, the country’s first digital currency.
The website, www.enaira.com, started running on Monday, but it is still at the development stag.
Some of the details on the website are yet to be hyperlinked, while some features are not yet active.
The apex bank governor, had said the pilot scheme of eNaira would kick off on October 1.
“We have all the approvals and mandates to launch on October 1, but it is important to understand that eNaira is not a one-off, it’s a journey that starts on October 1.
“From October 1, a Nigerian will be able to download the eNaira app from either Google Play Store or App Store, fund their eNaira wallet using their bank accounts or with cash at a registered agent, location,” Emefiele said.
CBN’s Director of Corporate Communications, Osita Nwasinobi, confirmed the uniform resource locators (URL) address to TheCable on Monday, but he did not give further details.
URL is a reference (or address) to a resource on the internet.
According to the website, eNaira would aid cash distribution in the government’s social welfare programmes.
“eNaira is a Central Bank of Nigeria-issued digital currency that 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. eNaira has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money,” a statement on the website read.
There is also an official countdown to the launch of the eNaira app on the website.
A Barbados-based company, Bitt Inc. is the apex bank’s technical partner on digital currency operations.