The Central Bank of Nigeria has postponed the unveiling of the country’s first digital currency, eNaira, citing key activities lined up for Nigeria’s independence anniversary.
Osita Nwasinobi, spokesperson of the CBN, in a statement on Thursday, said the suspension of the launch was in deference to the mood of national rededication to the collective dream of One Nigeria.
This also came a day after ENaira Payment Solutions Limited instituted a suit before a federal high court against the Central Bank of Nigeria over the name “eNaira.”
The firm, through its lawyers, accused the CBN of trademark infringement, notifying it to desist from using the proposed name.
Nwasinobi assured that there is no cause for alarm, saying the CBN and other partners were working round the clock to ensure a seamless process that will be for the overall benefit of the customer, particularly those in the rural areas and the unbanked population.
Recall that earlier in the past month, the apex bank had informed citizens to download the eNaira app on their mobile gadgets from October 1, 2021 before they postponed the unveiling.
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