GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

How to Become an eNaira Merchant in Nigeria

Enudi Golden by Enudi Golden
January 11, 2024
in business, Headline, World News
Reading Time: 3 mins read
How to Become an eNaira Merchant in Nigeria
19
SHARES
Advertisements

How to Become an eNaira Merchant in Nigeria

GoldenNewsNg gathered that to become an eNaira merchant, you have to go to your bank and talk to the customer care service and request the eNaira merchant application form which will attract zero charges. The form will be provided and you are expected to provide all the necessary information to qualify you to become a fully approved eNaira Merchant.

Who is an eNaira Merchant?

READ ALSO

Over 100 killed as Deadly floods hit Popular Market in Nigeria

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

A Merchant is a person to whom some or all aspects of the postal outlet have been delegated
by a higher merchant, e.g. the Commercial Bank.
eNaira Merchant Application and Approval Requirements

Any financial institution that wishes to engage in eNaira merchant shall submit an application for approval to the CBN. The application shall clearly state the extent of the merchant activities and responsibilities of the relevant parties.

The application shall be submitted to the Office of the Director, Banking & Payments System
Department, CBN, Abuja. All applicants shall supply information to the CBN as may be required from time to time.

Information required by the CBN to become a licensed eNaira Merchant shall include:

  1. Name of the applicant
  2. Postal Address/email
  3. Business Address
  4. Telephone number
  5. Company Registration Number/certificate
  6. Bank Verification Number
  7. Know Your Customer (KYC) information

Activities to be carried out by the eNaira Merchant

  • eNaira deposit and transfer
  • Bills payment (utilities, taxes, tenement rates, subscription, etc.).
  • Payment of salaries.
  • Balance inquiry.
  • Generation and issuance of the mini statement.
  • Agent mobile payments/banking services
  • Repayment of loans.
  • Collection of bank mail/correspondence for customers.
  • Any other activity as the CBN may from time to time prescribe.

eNaira creates specific solutions that are all-encompassing for individuals and organizations. eNaira doesn’t run a one-size-fits-all service model. eNaira exists not just in your wallet but in the tech lab, thinking and rethinking ways, it is a product of Nigeria’s belief that we (collectively) can make life easy, safe, one Naira at a time. Feel free to visit the link(s) that concern you and if you can’t find anyone, know that we are reengineering to meet your expectations.

Who can be an eNaira Merchant?

  • Individuals
  • Financial Institutions
  • Government
  • Businesses
  • NGOs

What you should know about the Digital Currency

  • In August, the Central Bank of Nigeria (CBN) announced that Bitt Inc., an international fintech firm, has been appointed as the Technical Partner for its digital currency, dubbed eNaira, which would be presented later this year.
  • Bitt Inc is a financial technology business that uses blockchain and distributed ledger technology to enable safe peer-to-peer transactions with seamless mobile money across Bitt’s software and mobile apps.
  • The Central Bank of Nigeria has stated that the e-naira which will be launched on October 1, is a legal tender equal to the naira and must be accepted as a form of payment by all merchants and business establishments.
  • For more information visit the official website here. https://enaira.com/

 

Disclaimer: This article is written to understand how the eNaira Merchant will work, this is an unofficial statement from the CBN or the Government. To further understand how to become an eNaira Merchant, please visit your bank for more details or call the support team at +234800MYENAIRA

 

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

 Apply for eNaira Merchant in Nigeria-Steps to Apply and Start making money

Next Post

British Council International Collaboration Grants Application portal now open – Apply Here

Related Posts

Over 100 killed as Deadly floods hit Popular Market in Nigeria

100 killed as Deadly floods hit Popular Market in Nigeria

Over 100 killed as Deadly floods hit Popular Market in Nigeria Mokwa, Niger State, Nigeria — More than 100 people...

Read more

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

Delt-Her Women Empowerment Program 2025

Apply for Delt-Her Women Empowerment Program 2025 following the guidelines below...   Developing Engineering Leaders Through Her (DELT-Her) is an...

Read more

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

YEIDEP Grant Hits 5.1 Million Applicants

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025, Deadline   The Youth Economic Intervention and De-Radicalization...

Read more

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

RRR/NSR 75K Cash Transfer Form

 How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide Are you looking to benefit from the...

Read more

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)   With millions of Nigerians living below the...

Read more

Flood claims over 20 lives in Niger communities

Victim ...Woman, 2 children rescued, 10 persons still missing   Following a heavy downpour that occurred on Thursday, no fewer...

Read more

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students GoldenNewsNg reports that the Federal Government has announced a new policy...

Read more

How to Apply for Yeidep Grant : Step-by-Step Guide for Nigerians

How to Apply for Yeidep Grant

Last year, my close friend Amaka was at rock bottom. She had just lost her job, rent was due, and...

Read more

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

With the YEIDEP disbursement date drawing near, it’s important for all applicants to know the key reasons they might miss...

Read more

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn In just one year, the Nigerian Education Loan Fund...

Read more
Load More
Next Post
British Council International Collaboration Grants Application portal now open - Apply Here

British Council International Collaboration Grants Application portal now open - Apply Here

SEARCH ADS

Latest Posts

100 killed as Deadly floods hit Popular Market in Nigeria
News

Over 100 killed as Deadly floods hit Popular Market in Nigeria

Delt-Her Women Empowerment Program 2025
Headline

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

YEIDEP Grant Hits 5.1 Million Applicants
Jobs

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

RRR/NSR 75K Cash Transfer Form
Headline

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)
business

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

News

₦75,000 CCT Process Begins – Check If You’re Eligible!

News

Two Years Anniversary: Niger CAN Congratulates Gov. Bago

Headline

Flood claims over 20 lives in Niger communities

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know
Education

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

How to Apply for Yeidep Grant
business

How to Apply for Yeidep Grant : Step-by-Step Guide for Nigerians

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News