Excitement as CBN upgrades e-Naira to work without smartphone and internet connection

  • The CBN has said the e-Naira now has a new feature that allows users to operate without smartphones
  • The apex bank is intensifying its campaign on students in promoting e-Naira adoption
  • It said the world is learning from Nigeria, being one of the early adopters of digital currency

Nigeria’s digital currency, the e-Naira now includes a Near Field Communication (NFC) feature, a chip-enabled device that allows its use without smartphones or internet access.

The Central Bank of Nigeria (CBN) said the development will allow wallet owners to transact financial businesses seamlessly with the aid of tags attached to their phones.