The Introduction

ENAIRA

The E-naira was launched and activated on 25 October 2021 by President Muhammad Buhari, under the slogan: “Same Naira, More Possibilities. As the whole world is moving into the digital world, our dear country Nigeria is also moving with the trend. E-Naira is a central bank digital currency (CBDC) backed by law, the full sovereignty of Nigeria, issued by the Central Bank of Nigeria as a legal tender. It is the digital form of the Naira and is used just like cash. The E-Naira wallet is a digital storage that holds the E-Naira.

Major Reasons for ENAIRA

Conservation

Reducing government expenditures in printing paper notes.

Financial inclusion

Onboarding people without bank accounts into the financial system.

Transacting Foreign Currency

Transacting foreign currency through wallets at the Central bank's official rate to reduce inflation of goods and services.

Transparency

To enhance transparency within the financial sector of the economy and other countries of the world.

About the Company

We are reforming the Business world

E-naira grassroots is an organization under the business cooperative society regulatory, and a major contributor in promoting CBN financial inclusion policies. The company was formed by a group of professionals from Nigeria and the diaspora to create new technological innovations in the financial system and to deploy our experiences and professional skills to aid the CBN policy of a cashless society.

Our Mission

  • To promote the CBN policy of creating awareness, sensitization, and onboarding of people on e-naira and other CBN programs across the country and diaspora.
  • To ensure that citizens of Nigeria and households are financially included in the financial system of the country.
  • To build a structure that will enhance our country’s GDP and reduce the over-dependent on government.
  • To discharge humanitarians’ duty to every local community by discharging social work, security alarm training, voluntary donation, sex education business, and leadership training skills

About the Company

We are launching the first Enaira Uni-level marketplace, which is also powered by Blockchain technology. This will enable us achieve our goal of promoting financial inclusion and empower every member of our organization.

Our Vision

To raise as many members as possible and increase their standards of living through our diverse streams of income starting from February 2023. To ensure we have an office in all 36 states including FCT before the year ends. To ensure we onboard millions of Nigerians on Enaira wallet before 2025 ends.