CBN To Introduce e-Naira For Corps Members

CBN To Introduce e-Naira For Corps Members | Daily Report Nigeria

The Central Bank of Nigeria (CBN) has asked for partnership with the National Youth Service Corps (NYSC) on the use of internet money for corps members.

CBN stated that the e-Naira platform would offer its users ease of payment at no risk.

The deputy director, Information Technology Department of the CBN, Mr Habib Yusuf, stated this on Wednesday in Abuja. Yusuf had led some officials of the apex bank on a courtesy visit to the NYSC National Directorate Headquarters in Maitama.

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Also speaking on the electronic platform, Yusuf explained that the e-naira encompasses digital wallets that would allow onboarding of many users and off-line payments for goods and services.

He added that the electronic platform would also offer its users the opportunity of many innovations with ease.

Responding, the acting director-general of National Youth Service Corps, Mrs Christy Ifeyinwa Uba commended the CBN for the innovation.

In a press statement signed by Eddy Megwa, Director, Press and Public Relations of NYSC, Uba said the scheme was ready for collaborations that would make the service year memorable for the corps members, and hence she awaits NYSC management to consider the request from the CBN which was first of its kind in Africa.


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