Quote from: Charles-Tim on Today at 08:26:42 AM

Businesses must accept e-naira payment, CBN warns

It is only a matter of a week and some days that e-naira will become a legal tender and a payment option in Nigeria, I see this as a good way and alternative to naira, but naira is a depreciative asset, one of the worst fiat to hold are fiat of developing and underdeveloped nations, but this will actually be good for spending.

I didn't like this é-naira in the past but the fact that it would mostly be used as a payment gateway locally e make more sense to me, I don't think ban ever supported this ideal of e-naira because e go down on them really bad, the proposed e-naira payment will be more efficient, fast and convenient than our normal bank to bank transfer. But how the e-naira transfer go be like? e-naira to e-naira? Or will it be possible to transfer from e-naira app to local bank? If it's only e-naira to e-naira only e go make more sense cos banks go dey on the losing end.

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It is clear that naira is naira, nothing changed about e-naira, it is still naira and nothing more than a naira but a naira. Purely and totally subjected to devaluating manipulation. I hope other Nigerians can see how the CBN president want to use false information to make Nigerians to hold e-naira, thinking it is like bitcoin and other strong decentralized alternatives. E-naira is completely a depreciating asset pegged with naira.

I Think their mission is different but to be honest with you I go prefer to have my flats saved as e-naira than having it saved in the bank, it would be secured in the hands of CBN than the banks, at least all those monthly charges no go dey and the transfer fees will be lesser with adequate flowing of services. CBN are trying to unbank their fellow banks lol

Quote from: Charles-Tim on September 20, 2021, 09:39:36 PM

That's a wrong quote, it wasn't mine.

Sorry, corrected!!!