IdJack:
In June 2021, the Central Bank of Nigeria (CBN) announced plans to launch a digital currency called the 'e-Naira' by 1st October 2021. The questions is  How Does e-Naira Work In A Digital Economy, in this article I have outline it, Video included.

The big advantage of account-based ownership is that it reduces criminal activities and we know quite well how to effectively protect these.

What is e-Naira Digital Currency ?

eNaira is a digital currency to be issued by the Nigerian government with the same value as fiat naira (i.e. physical naira notes). It is to be purchased by the general public through FI and transferred into e-wallets maintained by customers.

The e-Naira will also bring in the vast majority of the unbanked Nigerians who have no bank account but have a phone into the formal financial digital economy.

With the e-Naira, salary payments and payments for goods and services can be concluded.

A skilled plumber who is doing business can accept payments on his phone, store them in his wallet, and make transactions with any vendor.

This digital currency will allow easy transaction but is it different from any other digital currency because it will be issued by a sovereign authority, which is the CBN.A digital currency issued by a government works differently from cryptocurrency like Bitcoin.According to the CBN, the e-Naira will aid financial inclusion and propel a cashless policy.e-Naira, which was created to facilitate digital transactions, does not need to be backed with physical cash.It will not grow in value like Bitcoin or other crypto currencies but it will function the same way the Naira does.

How does e-Naira work in a digital economy? The e-Naira will be pegged to the Naira so their value remains the same like stable coins pegged to the dollar.

The e-Naira will be created independently of bank accounts; the wallet will be created by financial institutions that will create customer identification through an application product interface.

It is a legal tender for the entire country, it will have a non-interest bearing Central bank Digital Currency status, a transaction limit for customers and a value-based transaction limit.

As a National Critical infrastructure, the e-Naira system will be subjected to comprehensive security check, all data and personally identifiable information (PII) will be kept off the ledger and will not be stored on the ledger.

Benefits of eNaira Digital Currency 
The Governor of Central Bank of Nigeria also listed the benefits of eNaira coin to include;
Increased cross-border trade
Accelerated financial inclusion
Cheaper and faster remittance inflows
Easier targeted social interventions
Improvements in monetary policy effectiveness
Payment systems efficiency
Tax collection.

The CBN has engaged a Barbados-based fintech company, Bitt, to help deliver a blockchain-based digital currency, which is due to be unveiled ‘later in the year’, the central bank announced this week.

The move comes less than a month after the central bank of Ghana, another sizeable West African state, announced an agreement with German company Giesecke+Devrient (G+D) to test a CBDC.

Conclusion
Though CBN barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February. But for eNaira project to be successful and work in a digital Economy, a good number of Nigerians (including companies and government agencies) will have to maintain e-wallets.

How does e-Naira work in a digital economy, nevertheless, eNaira will be troubled by some of the current issues of the country including illiteracy, lack of power, lack of internet coverage, and the volatility of the Nigerian currency.

Central Bank need to enlighten Nigerians on how to really use the new Digital Currency so as to boost its digital economy, when they do this; then the question of how does e-Naira work in a digital economy will be a thing of the past because there will be a lot to show for it.

Follow the link to watch the video

Source: https://smartbusinessinfohub.com/how-does-e-naira-work-in-a-digital-economy/ 

Great post

If I send someone E-Naira can that person change it to cash if they wish?

glasshouse:
Pls who knows of any betting site that gives sure games that one is sure of wining money when they give an alert .
If u know of anyone pls sate it here . thanks

There isn't one, sorry

� *Make 100m+ on this distress Sale*

✅ Aquire this land in 2000m² Katambe main, along the busy Berger - Banex expressway, behind Wuse 2, Abuja for just *N200 million*

Owner needs money fast hence low price.

✅ The benefit to you acquiring this plot is that you can literally sell it straight away (with our help) for at least *300 million.*

✅ That is *100+ million* in your pocket in a short space of time

✅ It's located in a prime high in demand location of Abuja.

✅ All legal documentation is available for viewing.

✅ � legit and closable investment.

Move fast, lucrative opportunities like this don't stick around for long.

If you are interested in this lucrative opportunity or if you know someone who can benefit.

Contact me, Ben now on:

+2348134966599
[url]/2348134966599[/url]
[url]m.me/bizfriendben[/url]





_Genuinely, with your best interests in mind_

� FOR LEASE AND SALE: COMMERCIAL SPACE IN ABUJA'S PREMIER WORLD TRADE CENTER

The world Trade Center, Abuja is an ambitious project situated in the diplomatic hub of the Central Business District comprising Super Luxury Residences, AAA Offices, a World-class Hotel and a Shopping Mall. Built with the pinnacle of design to cater to the exclusive needs of our premium clientele with a taste for luxury and sophistication, our project

Phase one is now moving to its finishing stages.
For anyone looking to add an attractive investment to their portfolio,

*Some of the many features:*

☑️ Central cooling system
☑️ 24/7 power supply
☑️ 24/7 water supply
☑️ 24/7 security- Armed men + corporate guards on the premises
☑️ Structural maintenance of office space
☑️ General periodic maintenance e.g. fumigation
☑️ Gardening and landscaping
☑️ Cleaning of common areas
☑️ Allotted car parking bays
☑️ Spectacular view of the Central Business District



✅ To lease: $500 (approx: ₦206 thousand) per sqm, per annum

From the 9th floor all the way to the penthouse

✅ $650 (approx ₦267 thousand) - $1200 (approx: ₦500 thousand) sqm/annum for leasing

✅ To purchase: $6,000 m² (approx: (₦2.5 million) for outright purchase . This investment amount applies to the first 8 floors.

From the 9th floor all the way to the penthouse

$6,500 (₦2.67 million) - $12,000 (approx: ₦5 Million) per sqm for outright

�� Service charge of $100 (approx: ₦42 thousand) sqm per annum is applicable to all options.

A full floor is 1440 sqm and

�� the least that can be leased out is 130 sqm and

�� the least that can be bought is 360 sqm.


Pictures available on request


To arrange an exclusive, no obligations private viewing call Ben:


+2348134966599
[url]/2348134966599[/url]
[url]m.me/bizfriendben[/url]
bacmail2021@gmail.com
Skype: bizfriendben



_Genuinely, with your best interests in mind_

� *Make 100m on this distress Sale*

✅ Aquire this land in 2000m² Katambe main, along the busy Berger - Banex expressway, behind Wuse 2, Abuja for just *N200 million*

Owner needs money fast hence low price.

✅ The benefit to you acquiring this plot is that you can literally sell it straight away (with our help) for at least *300 million.*

✅ That is *100+ million* in your pocket in a short space of time

✅ It's located in a prime high in demand location of Abuja.

✅ All legal documentation is available for viewing.

✅ � legit and closable investment.

Move fast, lucrative opportunities like this don't stick around for long.

If you are interested in this lucrative opportunity or if you know someone who can benefit.

Contact me, Ben now on:

+234(0)8134966599
[url]/2348134966599[/url]
[url]m.me/bizfriendben[/url]





_Genuinely, with your best interests in mind_

6+ BEDROOM SPACIOUS DULUXE VILLA IN PRESTIGIOUS GATED COMMUNITY ASOKORO

Arguably the most most prestigious gated community in Nigeria.

This 550 Hector hilltop estate has spectacular views of the Central Business District of Abuja with breathtaking landscaping and views of Central Business District.

This is an estate only for the VIPs VIPs.

Features of your potential new home:

✅ Very customizable - suit to taste
✅ Spectacular hilltop views of Central Area
✅ Choose between 6 to 10 rooms
✅ Private swimming pool
✅ Games and cinema room
✅ Private gym
✅ Multipurpose room
✅ 2 living rooms
✅ Gross size of building: 1030m²
✅ Plot size: 1,700m² to 2,400m²
✅ 2 master bedrooms
✅ 4 en-suite bathrooms
✅ Fully fitted kitchen with Bosch appliances
✅ Ambient lighting
✅ Excellent air conditioning
✅ POP ceilings
✅ World class finishings
✅ 2 terraces
✅ 1 balcony
✅ 2 maids rooms
✅ 1 guard house
✅ Imported specialist partisans

*Estate features:*

☑️ 70% green areas
☑️ Many VIPs already living in the estate
☑️ Excellent maintenance culture
☑️ 24/7 electricity
☑️ 24/7 maintenance team
☑️ Water treatment plant
☑️ Large communal swimming pool
☑️ Communal play area
☑️ 24/7 police check points within the estate
☑️ Armed guards with dogs
☑️ Gated areas within gated areas for even greater security
☑️ 5 minutes to Secretariat
☑️ Always clean and tidy
☑️ Proposed mall

Excellence takes time unfortunately all of our deluxe villas are all sold out but we can build you your very own customized duluxe villa to your exacting tastes within 12 - 14 months.

WE ARE SO CONFIDENT YOU WILL LOVE THIS INVESTMENT THAT WE ARE ALSO OFFERING YOU AN IRON CLAD LIFETIME GUARANTEE IF YOU ARE NOT COMPLETELY SATISFIED WITH YOUR HOME

�� Starting from $4.5 Million (approx: ₦1.85 Billion) - $5.5m(approx: ✅ ₦2.26 Billion)

Please note that the owners of the estate calculate all their house prices in dollars.

So when you are at the offer letter stage the Naira amount may have changed.

✅ Direct mandate to the owners
✅ � Legit and closable
✅ Pictures available on request

For a no obligations private viewing contact Ben on:

*08134966599*
http:///2348134966599 (link to Whatsapp)

Genuinely with your best interests in mind

Want to own your own home without paying mortgage banks crazy interest rates but still spread the investment up to 20 years?

This a rent and own your home scheme for you.

This how you can key into this *Rent to Own* housing scheme

1️⃣ Home seeker finds the home the want to own anywhere in Nigeria (maximum 50m)

2️⃣ Home seeker has to be approved by the company first (limited first come first serve basis)

3️⃣ Once the company approves the home seeker. The company then buys the home.

3️⃣ Depending on the time frame the home investor has picked, a choice between 5, 10, 15 or 20 years. He or she will pay two amounts annually.

�� Rent percentage (the above percentage on the flyer)
�� The second percentage will go towards the ownership of the home (the bottom percentage on the flyer)

4️⃣ The home seeker moves into the property as soon as they have made the first annual instalment as a rental tenant. And will receive full ownership of the property upon payment completion

No hidden charges.

To find out how to key into this opportunity call me, Ben

08134966599
/2348134966599

A truly affordable rent to own scheme you can key into that will allow you to stretch your investment up to 20 years.


This is how you can key into this *Rent to Own* housing scheme

1️⃣ Home seeker finds the home the want to own anywhere in Nigeria (maximum 50m)

2️⃣ Home seeker has to be approved by the company first (limited first come first serve basis)

3️⃣ Once the company approves the home seeker. The company then buys the home.

3️⃣ Depending on the time frame the home investor has picked, a choice between 5, 10, 15 or 20 years. He or she will pay two amounts annually.

�� Rent percentage (the above percentage on the flyer)
�� The second percentage will go towards the ownership of the home (the bottom percentage on the flyer)

4️⃣ The home seeker moves into the property as soon as they have made the first annual instalment as a rental tenant. And will receive full ownership of the property upon payment completion


No hidden charges.

To find out how to benefit, call me Ben

08134966499
/2348134966599

tuplea:
No doubt you have read more than enough articles on why you need to take your business online by creating awareness.

One of the best platform where you can market your products and services is Facebook. Currently, Facebook has more than 2billion active users world wide.

When Facebook advertising is used correctly, it gives your business a competitive advantage.

This article is written so that you would have a knowledge of the different types of Facebook ads and their designs.

If you are familiar with the Digital Marketing world, you will agree that the three stages of marketing are AWARENESS, CONSIDERATION AND CONVERSION. This stages also applies in Facebook advertising.

(1) Awareness stage: here, you bring your products and services to the attention of potential clients. In order word, you are increasing your reach and base audience

(2) Consideration Stage: Techniques to encourage customers to look further into considering your products and services.

(3) Conversion Stage: final stage is to reach level of awareness where people are ready to convert.

Some of the objectives of these stages are; to get more clicks, engagements, impressions, lead, traffic, sales, store visits and many more.

WHAT SHOULD BE INCLUDED IN YOUR ADVERT?
- Information about your products and services
- Images or videos related to products or services rendered
- Your location like office address or how they can contact you.
- Link to your website, page or site for more information
- Call to Action (CTA)

FACEBOOK ADS FORMAT.

Depending on your objectives or what you intend to achieve your adverts. Your Facebook ads must take one of the format below:

1. Video Ads: [/b]These are ads inform of videos. Your video should deliver one single message that is easily digestible i.e that would be easily understood and remembered.
Recommended Length: 15 - 20 seconds.

2. [b]Photo Ads: This is inform of an image (e-flyers, e-banner etc). It must consist of a call to action button such as "learn more", "apply now", "invest now" and likes. Also your CTA must be linked to a site.

3. Slideshow Ads: uses images or videos to create a story. Use between 3 to 10 images or videos. You can upload directly to Facebook and use the recommended tools.

4. Carousel Ads: [/b]You can use 2 or more images with different headlines and these images can be linked to different webpages.

5. [b]Canvas Ads: This is a full screen as experience. It is immersive and interactive. Every information is hosted on Facebook.

6. Dynamic Product Ads: This is particularly great for re-marketing. It allows you to promote your products and services to people who have shown interest in your previous posts and platforms.

7. Lead Form Ads: Direct you to a fillable online form that people would fill.

SETTING UP FACEBOOK ADS

1. Boost an existing post

2. Promote your page

3. Send people to your website

4. Increase conversion on your website

5. Get installs on your app

6. Increase engagement in your app

7. Reach more people near your business

8. Raise Attendance.

Excellent post thanks