Central Bank of Nigeria (CBN) Governor Godwin Emefiele has announced that with effect from next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on any phone.
Emefiele disclosed that for Nigerians to carry out these transactions, they will only have to dial *997 from their phones.
He stated these at the Grand Finale of the 2022 eNaira Hackathon in Abuja on Thursday.
The CBN boss said, “Nigerians, both banked and unbanked, will be able to open an eNaira wallet and conduct transactions by simply dialling *997 from their phones.
“Shortly after this, both merchants and consumers with bank accounts can use the NIBSS Instant Payment (NIP) to transfer and receive eNaira to any bank account”.
“This will further deepen the integration of the eNaira with the existing national payment infrastructure”.
The CBN Governor reiterated his “promise to increase the level of Financial Inclusion in the Country because just like the Naira, the eNaira is expected to be accessible to all Nigerians. And would provide more possibilities to bring in the unbanked into the digital economy”.
