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Nigeria: CBN Woos Investors In eNaira With Incentives

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CBN Woos Investors In eNaira With Incentives
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The Central Bank of Nigeria (CBN) has announced new incentives for merchants and other users of its digital currency, the eNaira, as part of efforts to promote the adoption of the eNaira.

As reported by ‘Leadership Newspaper’, the CBN Governor Godwin Emefiele disclosed this in Abuja during the eNaira Merchants Mega event at ACCI trade and convention center.

“To facilitate its adoption, the bank assembled a team of subject matter experts to further educate you on the enormous opportunities offered by the eNaira and provide the required technical support for onboarding during this event.

“The reward scheme includes providing merchants with the required promotional (marketing) materials, subsidizing the current merchant service charge by 50 percent, and activation of a nationwide sensitization which early business adopters of eNaira can leverage on to market its wider adoption.” the report read.

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