CBN takes e-Naira campaign to FUTA, urges students to embrace the digital payment

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The Central Bank of Nigeria (CBN) on Monday took its E-Naira policy campaign to the Federal University of Technology, Akure (FUTA).

The CBN explained that the digital currency was introduced to aid financial transactions in the country.

Acting Branch Controller, CBN, Akure, Mr Samuel Giwa, who addressed the management and students of the institution, said electronic form of communication remains the best form of monetary transaction in Nigeria.

He urged the university community to adopt the new E-wallet system in its payments of tuition, salaries and other transactions.

Giwa stressed the need for the university community to embrace and migrate to the cashless system for financial security and efficiency using the E-Naira initiative.