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REGULATORY GUIDELINES

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Classified as Confidential REGULATORY GUIDELINES ON THE eNAIRA October 25, 2021 1 | P a g e Classified as Confidential Table of Contents Glossary of Terms ........................................ ........................................ .................................. 3 Introduction ........................................ ........................................ ................................ 4 Scope ........................................ ........................................ ........................................ .. 4 The eNaira Platform ........................................ ........................................ .................... 4 The Digital Currency Management System (DCMS) ........................................ .......................4 The Financial Institution Suite.

following Guidelines for the operation of the eNaira. The eNaira is the digital form of the Naira, issued by the CBN in line with Section 19 of the CBN Act. It is a direct liability of the Bank, a legal tender and will form part of the currency-in-circulation and will be at par with the physical Naira (that is 1:1). The eNaira

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