The Central Bank of Nigeria (CBN) has stated that the eNaira application has so far recorded a total of 905,588 downloads. However, only 282,600 are currently active.
Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele has revealed that only 282,600 out of the 905,588 users who downloaded the eNaira app are active on the platform.
Emefiele was speaking at Tuesday’s Monetary Policy Committee (MPC) meeting.
According to him,13,136 wallets had been downloaded via the unstructured supplementary service data (USSD) route.
This, the CBN had launched a few weeks ago to drive Inclusion.
“13,136 wallets have so far been created via the USSD channel – that was the channel we introduced about three-four weeks ago and we are happy that progress has since been made.
“So far, 905,588 people have downloaded the app, with 282,600 of them currently active. So far, transactions have exceeded 1.49 million worth over N3.484 billion, with the breakdown as follows: 78,115 consumer-to-bank transactions worth about N1 billion, 90,760 bank-to-customer transactions worth N945 million, 35,800 consumer-to-consumer transactions worth about N480 million, and 171,000 consumers to merchant transactions worth over N387 million.”Emefiele said.
“For e-commerce, we have seen a 9.946 percent increase between July and September, and this remains very encouraging. We believe the eNaira is an alternative to you holding an analog naira and so it is very convenient.”