ENaira Wallet; All You Need To Know About the ENaira App in Nigeria

What is ENaira Wallet

The ENaira Wallet is a digital Wallet that allows you to own the Nigerian Naira. It was launched on Monday by President Muhammadu Buhari of the Federal Republic of Nigeria. ENaira is issued by the Central Bank of Nigeria as a digital currency that can be used the same way you use the physical Naira presently. Which is for shopping, purchase of goods and services, transfer to someone else among many other use cases.

Which banks can use ENaira Wallet

At the moment, the ENaira is issued by the Central Bank of Nigeria as its own digital currency and you need to be an existing banker with the following banks to use the ENaira Wallet.

Access Bank


Coronation Bank



Fidelity Bank

First Bank

First City Monument Bank (FCMB)

FSDH Group

Globus Bank

Greenwich Bank

Heritage Bank

Jaiz Bank

Keystone Bank

Lotus Bank

Nova Merchant Bank

Parallex Bank

Rand Merchant Bank

Stanbic IBTC

Standard Chartered Bank

Sterling Bank

Sun trust Bank

Taj Bank

Titan trust Bank


Union Bank of Nigeria

Unity Bank

Wema Bank

Zenith Bank

Cannot find your bank? Keep checking this list as we would keep updating the list of banks that makes ENaira Wallet accessible to Nigerians.

How to Get an ENaira Wallet

Getting an ENaira Wallet is as easy as it sounds. All you need to do is have an account with any of the banks we have listed above and sign up on the E-Naira Wallet with your Name, Date of Birth, State of Origin, BVN, NIN and you get an ENaira Wallet.

Apart from having the ENaira Wallet on your mobile phone, you can also dial a USSD code to get access to your wallet.

How to download the ENaira App/ENaira APK Download

You can download the ENaira App on Android or iOS store based on the device that you have.

To download it on your Google Play store – click here

To download it on your iOS App store – click here

Which Countries are allowed to use the ENaira App

Presently, only Nigerians are allowed to use the ENaira app, we would update the list of countries allowed to use the ENaira app as that Central Bank of Nigeria updates the list.

ENaira Wallet; All You Need To Know About the ENaira App in Nigeria
The sign on page of the ENaira Wallet on Apple iOS

How Can I Use The ENaira

Similar to how you can use the current money in your banking app, the ENaira as the same possible use cases at the moment such as

  • walking into a store, purchasing goods and paying for it afterwards
  • sending money to your friends and loved ones
  • Paying for something you want to purchase online

Other questions you may have are answered here

The ENaira is not different from your normal Naira either accessible in cash or digital form as e-money. The difference in this case is that the Central Bank of Nigeria is the issuer of the currency directly unlike the licensed deposit money banks which many of us access money through. In terms of safety, it is a safe process as at the time of writing this and you do not have anything to worry about. You cannot also pay into your ENaira Wallet at any bank directly, you have to pay into your ENaira Wallet from your own registered bank. So this means if you registered with Bank X on your Wallet, you can only credit your wallet with Bank X and not another bank like Bank Y. It is also useful to know that you can send money  to someone abroad provided they have an ENaira Wallet themselves even though you cannot convert it. To fund your wallet, you can transfer to your wallet from your bank account, you can transfer to it from another wallet and you can pay cash into your bank account to fund your wallet.

As at today, transaction charges are not stated on the app but the Central Bank of Nigeria (CBN) promises it to be cheaper than deposit money banks.

You can also read

How to Manage your Finances during a Crisis (COVID19)

Manual on How to invest in mutual funds in Africa 

How To Get Quick Loans in Nigeria, Ghana, South Africa and Kenya



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