CBN, others task businesses on leveraging digital space to enhance patronage 

CBN Governor, Godwin Emefiele.

Small Business owners in Lagos have been advised to leverage the digital space for a more prosperous venture.


The Chief Executive Officer of Jordan 105.5 FM Lagos, Lanre Johnson made this known at the sensitisation of e-Naira and Digital Economy for small businesses organised by Jordan Radio in partnership with the Central Bank of Nigeria (CBN), in Lagos.

According to Johnson, Jordan FM collaborated with CBN to ensure that the e-Naira wallet gets to everywhere in the country.
He said: “So, We must ensure that we take e-Naira to every merchant in Lagos, because we know the benefit of e-Naira, how it can advance their businesses, how it can turn things around for them, and they can become a global player in the market space.”

The Jordan FM CEO said: “As an entrepreneurship radio station, our job is to drive innovations and creativity. So, we have a whole lot of programmes we already suggested to the CBN, and guess what, they are very open-minded and already working on it.”

Orah Chijioke from the Information Technology Department of the Central Bank of Nigeria (CBN), said that the event is to sensitise market women and artisans on the need to go digital with the e-Naira in transacting daily businesses.

While allaying the fears of people on the security of the e-Naira platform, Chijioke said that the App is secured and fast; aside there are lot of benefits to using the platform apart from the fact that transactions on it are free.

Also, Iyaloja of Orisunbare Mile 12 Market, Yeye Precious Modupe Ojo, said that the idea from CBN is a very welcome one, and it is going to benefit and become favorable to the market women since the world is going digital.

President of Shoe Makers Associations in Lagos, Mr. Yisiru Bello, while commending Jordan Radio said that it is a great initiative from the apex bank, promising that ninety to ninety-five percent of the association’s members in Lagos will key into the e-Naira platform.

He added that government should recognise associations and deal with them directly rather than coming through consultants, saying the government is losing a whole lot of revenue, as they are ready to pay their tax if the proper channel and process are put in place.

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