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Nigerians without internet-enabled phones can access eNaira – CBN

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  Nigerians without internet-enabled phones will be able to access and transact with the eNaira, according to the Central Bank of Nigeria The CBN revealed this in a  document  titled “Design paper for the eNaira.” Ultimately, eNaira’s usability would definitely improve as Nigerians would be able to transact without   subscribing to data or have an internet enable phone. CBN said, “The eNaira thus risks further alienating sections of the population who are uneducated, lack exposure and access to internet services or digital devices,”. According to macrotrends: Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life. Nigeria literacy rate for 2018 was  62.02% , a 10.94% increase from 2008. “To mitigate this risk, the bank factored in the need for inclusiveness as part of the core design principle of the eNaira. This principle has enabled the bank t...

BREAKING NEWS: PDP suspends congress amidst palpable violence

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The Lagos State Peoples Democratic Party, (PDP),  congress , has been suspended State Congress Electoral Committee, Chairman, Engr. Benson Abounu, announced the suspension. The congress was holding today, when the tension of the past few weeks peaked.   A source told Vanguard that it had to be cancelled as thugs invaded the Tafawa Balewa Square venue with weapons, and fights broke out. “Their intention was to rig,” the source said. “It became very obvious that there would be over-voting and that the venue had been infiltrated. “What I saw was terrible. There were even gunshots,” the source added.