eNaira is different from the money in your bank account because it is not associated with any physical currency. eNaira is also different from other electronic money because it is a direct liability of the Central Bank of Nigeria. When you use eNaira, you are directly debiting the Central Bank of Nigeria. eNaira is safe and secure, and you can use it with confidence knowing that your money is backed by the Central Bank of Nigeria. eNaira is the digital form of Nigerian Naira and is a direct liability on the Central Bank of Nigeria. eNaira exists only in digital form and is not associated with any physical currency. eNaira can be used for online payments and transfers, as well as for offline payments through QR codes.