Economy

eNaira hits 905k downloads

At least 905,588 Nigerians have downloaded the eNaira on the Apple and Google application stores, the Central Bank of Nigeria has said.

This was disclosed by the apex bank’s Governor, Godwin Emefiele, during Tuesday’s Monetary Policy Committee.

Emefiele added that although the eNaira app is close to one million downloads, only 282,600 users out of the 905,588 downlands are currently active.

The CBN governor further disclosed that the one-month-old unstructured supplementary service data wallets downloads record13,136

He said, “So far, 905,588 people have downloaded the app, with 282,600 of them currently active. So far, transactions have exceeded 1.49 million worth over N3.484 billion, with the breakdown as follows: 78,115 consumer-to-bank transactions worth about N1 billion, 90,760 bank-to-customer transactions worth N945 million, 35,800 consumer-to-consumer transactions worth about N480 million, and 171,000 consumers to merchant transactions worth over N387 million.”

Emefiele also highlighted the recent success of the USSD  linkage to eNaira. He said, “13,136 wallets have so far been created via the USSD channel – that was the channel we introduced about three-four weeks ago and we are happy that progress has since been made’’.

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