How Nigeria’s eNaira Works

As Crypto-currencies are widely being used in Nigeria, Nigeria was ranked as the third largest user of virtual currencies in the world after the United States and Russia in year 2020. Recently, the Nigerian President Muhammadu Buhari officially launched Nigeria’s new digital version of its currency this October, making Nigeria the first country in Africa and one of the first in the world to have introduced a digital currency for her citizens.

With this launch, Nigerians can now send, receive and spend eNaira from their eNaira wallet without charges.

Here’s how it works:

• Download eNaira Speed Wallet from your Google Play Store or Apple App Store.
• Select your bank from the list of banks provided.
• Input your details as follows: First Name, Last Name, Date of Birth, State of Origin, and Email. The details must be the same you used during BVN enrolment.
• Fund your eNaira Speed Wallet through your banks’ mobile app and start receiving, sending, and managing your digital currency.