The CBN Finally Opens up about the eNaira!
In this video, we interview the CBN (Central Bank of Nigeria's) Deputy Governor, Dr Kingsley Obiora and the Head of Partnerships at Bitt Inc (Nigeria's technical partner), Imran Khan. This is the 2nd video win the 3-part series about the Naira and in this video, we also share the real reasons behind the creation of the eNaira according to the 22-page Design paper and answers from the governing bank. We also try to explore some of the advantages it has. Do stay tuned for more updates. #eNaira #DigitalCurrency #Cryptocurrency
PART 1 - eNaira Review: https://youtu.be/hxmuGIvgeks
PART 3: The Problems/Disadvantages of eNaira: https://youtu.be/EedyFEnw_aE
CHAPTERS:
0:00 - Introduction
2:33 - Why was the eNaira created?
8:27 - Advantages of the eNaira
8:51 - Financial Inclusion
11:57 - Direct Social Impact & Sector Specific Tokens
13:25 - Foreign Remittances
14:57 - Digital Currency vs Cryptocurrency
17:49 - Example of eNaira Remittances
19:04 - Compliance - AML & CFT
20:19 - How can eNaira grow Nigeria?
23:51 - Next Video - Disadvantages of eNaira
SOURCES:
EFInA Report - https://efina.org.ng/media-roo....m/potential-of-block
CBN Regulatory Guidelines on the eNaira: https://www.cbn.gov.ng/Out/202....1/FPRD/eNairaCircula
CBDC Not for Unbanked - https://news.bitcoin.com/niger....ian-experts-insist-a
The eNaira’s time has come: https://www.ft.com/content/efa....0b41d-d891-4cca-b34e
Distributed Ledger Technology: https://www.investopedia.com/t....erms/d/distributed-l
Fake CBN Twitter: https://www.cbn.gov.ng/Out/202....1/CCD/Press%20Releas
Twitter Banned: https://youtu.be/egP8ngBqbt4
MTN & Airtel Payment Service Banks: https://www.stearsng.com/premi....um/article/will-bank
IMF: https://www.proshareng.com/new....s/World%20Bank%20IMF
eNaira website: www.enaira.gov.ng
Contact centre on 080069362472
Contact email: helpdesk@enaira.gov.ng
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