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CBN takes eNaira sensitisation drive to UNILAG women

By Ijeoma Thomas-Odia
27 May 2023   |   3:29 am
The Central Bank of Nigeria (CBN) has taken the sensitisation drive of eNaira to women in the University of Lagos (UNILAG) during the recent Law Ladies Day programme of the institution.

Host and Vice President Law Student Society, Chidera Robinson, Managing Partner, Hilton Top Solicitors Deborah Enyone Oni, and Special Adviser Payment Systems to CBN Governor, Mary Fasheitan

The Central Bank of Nigeria (CBN) has taken the sensitisation drive of eNaira to women in the University of Lagos (UNILAG) during the recent Law Ladies Day programme of the institution.

At the event themed, ‘Defying Stereotypes: Celebrating the Different Shades of Femininity’, CBN reached out to female law students and others within the university to sensitise them on the benefits and importance of eNaira transactions.
The Special Adviser Payment Systems to the Governor of the CBN, Mary Fasheitan, who took women through the advantages and opportunities the digital currency offers to the financial community and women, stated that it was high time women embraced eNaira for transactions.
According to her, eNaira offers financial freedom and women inclusivity, which other financial instruments do not provide. She said: “It offers fast transaction time, cross board payment option and gives women financial inclusion. eNaira provides a unique form of money denominated in naira. eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments. It has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money.”
She observed that the whole world was going digital, hence the CBN was responding appropriately to the innovation by introducing a lot of cashless policies, of which eNaira is one, noting that the CBN was the first to introduce eNaira in Africa and the second in the world.
Fasheitan encouraged female law students to embrace eNaira and transact with it, noting that it is safe, secure and fully digitalized.
“You have nothing to be afraid of because it is one of the most secured channels from the apex bank for transactions,” she added.
Also speaking at the event, the Managing Partner of Hilton Top Solicitors, Deborah Enyone Oni, described eNaira as a great innovation of CBN that should be lauded.
According to her, “eNaira offers various advantages and opportunities to its users; its blockchain technology feature also enables users to make cross border transactions easily.”  She reiterated that eNaira would foster women financial and economic empowerment.
“We have partnered with the CBN on eNaira and one of our main focuses is to leverage the opportunity to empower women by sensitising them on the advantages of eNaira in light of digitalisation.
“Conversations about women’s financial and economic empowerment should be considered a priority especially in women focused programmes like this so as to expose them to the opportunities they can leverage and as such be able to participate and harness the opportunities in a digital economy,” Oni added.
Many students, who embraced eNaira at the event, were excited to learn about the digital currency and its benefits.  A student, Kehinde Adeaga, said: “Until now, we were not clear of what eNaira is but the explanation by the team has made it very clear to us. Some of us have already keyed into the project and we will spread this good news to others who are yet to understand the benefits and opportunities eNaira offer.”

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