CBN Places 7,552 BVN On Watchlist As eNaira Transactions Hit 1.4m

Similarly, Nigeria is moving towards cardless and other contactless payment options, including QR Codes, NFC, among others for seamless financial transactions in the country.

Speaking at the 34th Finance Correspondents and Business Editors seminar in Calabar, Cross River State yesterday, themed “Implementing a Robust Payment Architecture Prospects, Opportunities and Challenges”, the governor of the CBN, Godwin Emefiele said, the Nigeria payment system landscape has particularly continued to record significant changes and development.

Represented by the director of Monetary Policy, Dr Hassan Mahmud, Emefiele stated that, since its launch, the apex bank has continued to modify the features of eNaira to make it more accessible to a wide range of users.