Enaira Finally Available as Legal Tender

Enaira Finally Available as Legal Tender

By Sahabi Abdul

Enaira, the digital version of the Nigerian currency that became legal on October 1, was finally released for use today.

The enrolment application, which had been inactive on the currency website and app stores, became available after an opening ceremony by President Muhammadu Buhari.

Users are required to download the enaira application and register for a digital wallet using their bank verification number and identifying documents. They are then required to link a bank account to the wallet to enable funding and transactions.

Most banks have already added the wallet functionality to their online banking applications.