BREAKING: Nigeria eNaira App Crashes 48hrs After Launch - Mackenzie Sky Blog - Naija News

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Thursday, 28 October 2021

BREAKING: Nigeria eNaira App Crashes 48hrs After Launch

BREAKING: Nigeria eNaira App Crashes 48hrs After Launch

According to The Nation, Nigeria digital currency, eNaira speed wallet application which was launched on Monday has crashed.

Recall that President Muhammadu Buhari launched the Central Bank digital currency on Monday, making Nigeria the first African country to create a Central Bank digital currency (CBDC).

eNaira is a digital currency issued by CBN. It’s a digital form of the naira that is housed in a secured wallet called the eNaira wallet

The digital currency has two applications — eNaira speed wallet and eNaira merchant wallet

To access the eNaira, users have to download the ‘speed wallet’, which allows users to conduct transactions with speed and ease.

Checks by The Nation show that the speed wallet for eNaira recorded over 100,000 thousand downloads on Google Play store alone after it was launched.

It has now been observed that the much talked about digital currency, eNaira has been taken down on Play store.

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