HomeTechnology PolicieseNaira App Disappears from Google Playstore Innovations eNaira App Disappears from Google Playstore The eNaira speed wallet had been removed from the Google Play Store on Wednesday barely 48 hours after it was launched by President Muhammadu Buhari at the State House, Abuja. No fewer than 100,000 users had also downloaded the app on before its abrupt disappearance from the google platform. The app had been greeted with negative reviews and low ratings shortly after the launch which witnessed the presence of Vice President Yemi Osinbajo; CBN governor, Godwin Emiefele and other top government and CBN officials. Meanwhile, the Central Bank of Nigeria has declared it will not bear any liability for any interruption, loss of revenue or loss of services arising from the use of the eNaira website. The limitation of liability read, “In no event will the CBN or its directors, officers, employees, independent contractors, affiliates or agents, or any of its or their respective service providers, be liable to you or any third party for any use, interruption, delay or inability to use the eNaira website, lost revenues or profits, delays, interruption or loss of services, business or goodwill, loss or corruption of data, loss resulting from system or system service failure, malfunction or shutdown, failure to accurately transfer, read or transmit information, failure to update or provide correct information, system incompatibility or provision of incorrect compatibility information or breaches in system security, or for any consequential, incidental, indirect, exemplary, special or punitive damages, whether arising out of or in connection with the use of the eNaira website.” In his address, the President said the e-currency would help increase remittances, foster cross-border trade, improve financial inclusion, make monetary policy more effective, and enable the government to send direct payments to citizens eligible for specific welfare programmes. According to him, the digital currency will help move many more people and businesses from the informal into the formal sector, thereby increasing the country’s tax base. The spokesperson for the CBN, Mr. Osita Nwanisobi, said the development was to enable the app to be upgraded. “There is an upgrade going at the moment by Google; try in the next few hours,” Nwanisobi reportedly disclosed upon inquiry into why the app could not be found on the play store. Support PisonTechAfrica.com For inspiring tech content and articles, PisonTechAfrica.com is the platform to go. Great content takes a lot of resources; we are poised to motivate young start-ups and give them leverage with our platform. It is a platform for inspiring tech entrepreneurs to display their talents. Africa is the next big thing for technology. PisonTechAfrica.com is the tech media platform committed to positioning Africa in the Fourth Industrial Revolution. Donate Dayo Oyewo Share This Previous ArticleeNaira the New Medium of Exchange in Nigeria Next ArticleStitch Expands into Nigeria’s Fintech Space with $2Million Seed Funding October 28, 2021
