Friday, May 9, 2025
27 C
Lagos

CBN Honours SystemSpecs, Others for Promoting eNaira 

Mujib Ishola, Chief Technology Officer, Remita, receives an award from Mr Godwin Emefiele, the CBN Governor at the anniversary

The Central Bank of Nigeria (CBN) has recognised SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service Provider (PSP) of the year.

The award is in recognition of the company’s pioneering efforts in providing the first multi-use case for eNaira on its Remita platform.

The recognition formed part of the first anniversary celebration of the introduction of the eNaira.

CBN also singled out Flutterwave, Meemz Dinner, Crystal Plates, and Sahad Stores for recognition.

Aminu Mohammad Abba, Eze Chukwudi, and Abdullateef Abdulsallam were also specially acknowledged for their adoption and use of eNaira as individuals.

President Muhammadu Buhari formally launched the digital currency at the state house in Abuja on October 25, 2021.

Since its launch and deployment, eNaira has yielded key milestones, onboarded various use cases, and created a level playing field for banks, fintechs and other payment system ecosystem players.

Mr. Mreremi Atanda, the Managing Director and Chief Executive Officer of Remita Payment Services Limited (RPSL) commended the apex bank for the organisation of the event to commemorate the first anniversary of the eNaira.

“We are happy that our efforts are recognized by the regulators. We will continue to deepen the usage of the wallet on all our platforms to better serve our customers,’’ Atanda promised.

Remita was the first fintech company in Nigeria to provide multiple use cases for eNaira as it allows users to make and receive payments for diverse services and products.

The apex bank had earlier lauded SystemSpecs for this pioneering effort.

Speaking at the 286th Monetary Policy Committee (MPC) briefing, the CBN Governor, Mr Godwin Emefiele acknowledged that efforts were ongoing to promote the adoption of Nigeria’s digital currency.

He commended Remita for its pioneering role in promoting the use of eNaira for everyday use by citizens and businesses.

“Today, I am aware that people can use our eNaira on Remita.net to make purchases. You can pay for your DSTV subscriptions using eNaira, you can pay government bills, you can buy airtime and you can conduct a whole lot of transactions, using our eNaira.”

 

With a wide footprint in providing utility vending and payment services to thousands of SMEs, and private and public sector organisations, Remita has the potential to provide a major boost for the use of the digital Naira in Nigeria and beyond.

 

spot_img
spot_img
spot_img

Hot this week

NNPC, Dangote Strengthen Strategic Partnership, Reaffirm Commitment to Healthy Competition

Group CEO of NNPC Limited, Mr. Bashir Bayo Ojulari...

NDIC Clinches 1st, 3rd Places at 2024 Federal Public Service Innovation Competition

Head of Civil Service of the Federation, Mrs. Didi...

PenCom to Sanwo-Olu: Implement Pension Increase for CPS Retirees

From Left: The Director General of the National Pension...

AIO Strengthens Ties with Nigerian Insurers, Pledges Better Return for Members

L-R: Mr. Charles Moki, Communication and Public Relations Officer...

NGX Group, Market Stakeholders Honour Pascal Dozie’s Enduring Impact

L-R: Idahosa Gabriel, President and Chairman of Council, LCCI;...

Topics

World Economic Forum Cancels Singapore Meeting, Proposes 2022

The much anticipated Special Annual Meeting by the World...

Leadway Group Showcases Unified Products, Services Offering via Leadway One Campaign 

The Leadway Group, one of Nigeria's leading non-banking financial...

N5tr Recovery Possible if AMCON Unleash Full Powers – Legal Experts

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

NAICOM Insurance Academy Set for 3rd Qtr Take-Off

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission The National...

Swiss Re, Zurich Insurance in Talks with Regulator on Coronavirus Impact

    Patrick Winters Switzerland’s top insurance companies are in talks with...

JAMB Registrar, Prof Oloyede to Chair 2023 GOCOP Conference in Abuja

The Registrar of Joint Admissions and Matriculation Board (JAMB),...

Ecobank Nigeria Launches AI, Digital Skills Training for Children in Lagos Schools

Some members of staff of Ecobank Nigeria, Opolo Global...

Transcorp Power: N142bn Revenue, N52.8bn PBT, Declares N23.46bn Dividend

From L-R: Dr. Owen D. Omogiafo, Non-Executive Director; Peter...
spot_img

Related Articles

Popular Categories

spot_imgspot_img