 President Mohamed Abouhari will formally unveil the Nigerian Central Bank digital currency known as the E-NIRA on Monday. The director of corporate communications CBN Ocitta Wansinobi said, The launch of the E-NIRA is a combination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payment systems in order to make financial transactions easier and seamless for every stratum of society. CBN stated that it would continue to work with relevant partners to ensure a seamless process that would benefit every user, particularly those in the rural areas and the unbanked population.