Thursday, September 18, 2025
27.8 C
Lagos

Ecobank Nigeria Creates Awareness for Customers on e-Naira

Ecobank Nigeria has commenced an intensive sensitization of its customers on the inherent benefits of the e-Naira, which was recently introduced by the Central Bank of Nigeria (CBN).
e-Naira is a Central Bank Digital Currency (CBDC) issued by the apex bank as a legal tender. It is the digital form of the Naira and will be used just like cash while the e-Naira wallet is a digital storage that holds the e-Naira. The e-Naira wallet is required to access, hold, and use the e-Naira.
The Head, Consumer Banking, Olukorede Demola-Adeniyi, said the bank decided to create massive awareness among its customers because of the benefits to both individuals and businesses, disclosing that the bank has also created a dedicated information page for customers to access vital information regarding the policy and how they can easily sign up for the wallet at https://www.ecobank.com/ng/enaira
“e-Naira is the Nigerian digital currency issued and regulated by the Central Bank of Nigeria (CBN). It has the same value as the physical Naira and guarantees simple, safe, and fast transfers and payments anytime and anywhere. Think of it as the same Naira but digital, borderless, and with more possibilities,” she stated.
Further, she listed other benefits of e-Naira to include support to the digital economy thereby leading to improved economic activities. She noted that it will also simplify and facilitate easy cross-border payments and trade. Mrs. Demola-Adeniyi stated that the e-Naira will bring about financial inclusion and improve effectiveness of monetary policies, reiterating that the e-Naira will circulate alongside cash, as it will complement cash as a less costly, more efficient, generally accepted, safe, and trusted means of payment.
To sign up, she urged customers of the bank to “visit the Google Play Store or Apple AppStore to download the e-Naira Speed Wallet or Merchant Speed Wallet App; click on sign up, select Ecobank and enter the required information.”
She stated that Ecobank has carried out various sensitization activities both internally and externally. She also confirmed that the Ecobank Mobile app has the eNaira menu under the Transfers section to facilitate easier digital payments. In addition, customers can fund their wallets directly from the Ecobank Mobile app. She enjoined merchants, especially, to sign up the e-Naira Merchant Speed Wallet App to enable them receive payments seamlessly and position their business for better profitability.

spot_img
spot_img

Hot this week

Designing the Future: Arc Christian Benimana, Prof Taibat Lawanson to Headline Ecobank Design and Build 2025

Ecobank Nigeria has announced that celebrated architect Arc. Christian...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

Universal Insurance MD/CEO, Jeff Duru, Bags CIBN Associate Membership

  Dr. Jeff Duru Managing Director/CEO Universal Insurance Plc The Managing Director/CEO of...

Sterling One Foundation CEO, Olapeju Ibekwe, Joins Board of UN Global Compact Network Nigeria Ahead of UNGA 80

    Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation,...

Topics

ALTON Chair, Gbenga Adebayo to Review ‘Sagacity of a Digital Revolution’

The Chairman of the Association of Licensed Telecommunications Operators...

Stanbic IBTC Bank PMI: Output Growth hits 15-Month High in April

The start of the second quarter of 2025 saw...

PenCom, Operators Ready for Micro Pension Launch in Jan 2019

The National Pension Commission (PenCom) and operators in the...

NPA MD Seeks Greater Support from Stakeholders on Port Access

Hadiza Bala Usman, Managing Director, Nigerian Ports Authority (NPA)...

Nigeria Scores High on Enforceability of Standard Agreement-ABSA Report

Nigeria, Ghana and South Africa top 20 other African...

Linkage Assurance Earns B+ Rating from AM Best

Linkage Assurance Plc, a prominent non-life insurance company in...

Linkage Assurance: N36bn Total Assets, N2.4bn Claims in 8 Months

Daniel Braie Managing Director/CEO Linkage Assurance Plc Linkage Assurance Plc has paid...

Sovereign Trust Insurance: N1.5bn Claims Paid in 1st Half of 2022

Sovereign Trust Insurance Plc has continued to demonstrate unwavering...
spot_img

Related Articles

Popular Categories

spot_imgspot_img