Showing posts with label Union Bank. Show all posts
Showing posts with label Union Bank. Show all posts

Wednesday 29 December 2021

Ecobank, GTB Lead eNaira Adoption in Nigeria

Ecobank and GTB are currently leading in customers adoption of the eNaira. eNaira is Africa’s first Central Bank Digital Currency (CBDC) introduced by the Central Bank of Nigeria (CBN) in October.

A report by TheCable says with more than 2,000 merchant wallets active, about 20 percent are domiciled with Ecobank, while GTB has majority of the consumer wallets activated by users amongst the top 10 financial institutions in the country.

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