Cryptocurrency: Why Foreign Investors Won’t Be Interested in eNaira – Reno Omokri

 

Nigeria's digital currency, eNaira may not get investment from foreign investors, a socio-political activist, Reno Omokri has stated.

 

Recall that Nigeria became the first country in Africa to launch digital currency after President Buhari formally unveiled the e-Naira on October 25 at the Presidential Villa, Abuja.

 

The President subsequently solicited investment from foreign investors as a means of boosting the currency which was initiated by the Central Bank of Nigeria, CBN.

 

Reno, in a recent post on his verified Facebook page, said foreigners may not invest in the e-Naira following the ban placed on Cryptocurrency by the Federal Government.

 

According to Reno, Buhari banned cryptocurrency just to create his own (e-Naira).

 

He challenged the President to use the medium to remit civil servants’ remunerations as proof that the e-Naira is authentic.

 

The post reads, “To show how confused Buhari is, he banned #Cryptocurrency. Then created his own digital currency, and asked foreign investors, many of whom are heavily into crypto, to invest in e-Naira.