Wednesday, January 22, 2025
24.4 C
Lagos

CBN Honours SystemSpecs, Others for Promoting eNaira 

Mujib Ishola, Chief Technology Officer, Remita, receives an award from Mr Godwin Emefiele, the CBN Governor at the anniversary

The Central Bank of Nigeria (CBN) has recognised SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service Provider (PSP) of the year.

The award is in recognition of the company’s pioneering efforts in providing the first multi-use case for eNaira on its Remita platform.

The recognition formed part of the first anniversary celebration of the introduction of the eNaira.

CBN also singled out Flutterwave, Meemz Dinner, Crystal Plates, and Sahad Stores for recognition.

Aminu Mohammad Abba, Eze Chukwudi, and Abdullateef Abdulsallam were also specially acknowledged for their adoption and use of eNaira as individuals.

President Muhammadu Buhari formally launched the digital currency at the state house in Abuja on October 25, 2021.

Since its launch and deployment, eNaira has yielded key milestones, onboarded various use cases, and created a level playing field for banks, fintechs and other payment system ecosystem players.

Mr. Mreremi Atanda, the Managing Director and Chief Executive Officer of Remita Payment Services Limited (RPSL) commended the apex bank for the organisation of the event to commemorate the first anniversary of the eNaira.

“We are happy that our efforts are recognized by the regulators. We will continue to deepen the usage of the wallet on all our platforms to better serve our customers,’’ Atanda promised.

Remita was the first fintech company in Nigeria to provide multiple use cases for eNaira as it allows users to make and receive payments for diverse services and products.

The apex bank had earlier lauded SystemSpecs for this pioneering effort.

Speaking at the 286th Monetary Policy Committee (MPC) briefing, the CBN Governor, Mr Godwin Emefiele acknowledged that efforts were ongoing to promote the adoption of Nigeria’s digital currency.

He commended Remita for its pioneering role in promoting the use of eNaira for everyday use by citizens and businesses.

“Today, I am aware that people can use our eNaira on Remita.net to make purchases. You can pay for your DSTV subscriptions using eNaira, you can pay government bills, you can buy airtime and you can conduct a whole lot of transactions, using our eNaira.”

 

With a wide footprint in providing utility vending and payment services to thousands of SMEs, and private and public sector organisations, Remita has the potential to provide a major boost for the use of the digital Naira in Nigeria and beyond.

 

spot_img
spot_img
spot_img

Hot this week

Linkage Assurance CFO Becomes Pioneer Chairman of ICAN-NIA Chapter

L-R: Bola Odukale, Director-General/CEO, Nigerian Insurers Association (NIA); Etofolam...

NAICOM, Police Partner on Enforcement of Third Party Motor Insurance

The Commissioner for Insurance and Chief Executive Officer of...

Fidelity Bank Strengthens Leadership with New Board Appointments

In a strategic move to sustain its impressive performance,...

PenOp Explains the Contributory Pension Scheme Process in Nigeria

Understanding How Monthly Pensions Are Paid to Retirees Under...

Sovereign Trust Insurance Receives Appreciation Plaque from Atinuke Cancer Foundation

L-R: kayode Adigun, Executive Director, Finance and Corporate Services;...

Topics

NCC Ready for 70% Broadband Penetration in Nigeria – Danbatta

Professor Umar Garba Danbatta, the Executive Vice-Chairman/CEO of the...

Renewable Energy: Pathway to Poverty Alleviation in Africa

New Executive Director Greenpeace International (http://www.Greenpeace.org) Bunny McDiarmid visited...

NLNG: No Flood Impact on Operations Nationwide

The attention of Nigeria LNG Limited (NLNG) has been...

Leadway Assurance Paid N23bn Claims in 2016

Leadway Assurance Company Limited, Nigeria’s leading insurance company, recently...

AEDC Unveils Victor Osadolor as Chairman, Bada now Interim MD

Victor Osadolor The Abuja Electricity Distribution Company (AEDC) now has...

PenCom Debunks Allegation of Financial Impropriety Against its DG

Management would like to alert the public to the...

Marriott Lands in West Africa with Accra Marriott Hotel

Accra Marriott Hotel Marriott Hotels, part of Marriott International, today...

NCC CEO, Danbatta, Bags Vanguard’s 2022 Regulator of the Year Award

The Executive Vice Chairman and Chief Executive of the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img