News

BREAKING: Real reason e-Naira vanished from Google playstore – CBN

The Central Bank of Nigeria (CBN) has explained that the newly-launched e-Naira’s disappearance from Google playstore was only temporary, as it was undergoing an important upgrade aimed at tackling glitches noticed.

Director of Corporate Communications of the CBN, Osita Nwanisobi, gave the update on Thursday in Abakaliki, capital of Ebonyi state while speaking at a CBN Fair for the southeast geo-political zone.

The eNaira is the digital form of the Nigerian physical Naira currently in circulation. It is issued by the CBN in line with Section 19 of the CBN Act. In essence, it is a direct liability of the Nigerian apex bank. Built on a blockchain open ledger technology that prevents duplication or creation of fake units, each eNaira note will be unique and different.

POLITICS NIGERIA reports that the e-Naira Speed Wallet app had gone missing from the Google Play Store just days after its launch on Monday, 25th of October 2021.

The app had over 200,000 wallets downloaded in 24 hours before it went missing.

Nwanisobi said the app is expected to be back today (Thursday) on completion of the upgrade.

9 Comments

Leave a Reply

Your email address will not be published.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

Back to top button