Breaking: eNaira Speed Wallet Disappears From Google Play Store 48 Hours after LaunchYour support matters. Sustain independent journalism in Nigeria – contribute to Legit.ng. The eNaira speed wallet has disappeared from the Google Play Store barely 48 hours after its launch, a report by The Punch has stated. The newspaper, however, noted that the eNaira merchant wallet, which is designed for businesses, is still running and has over 10,000 downloads on the Google Play Store made available to Android users. It was also gathered that the eNaira speed wallet on the Apple App Store was still active but had been upgraded. Recommended for you "His music is so unique": Singer Simi reacts to Asake’s fabulous performanc... Checks by Legit.ng also indicates that the app is no longer available on the Google Play Store which is for Android phone users. Those using iPhones, however, are still accessing the app. Do you have a groundbreaking story you would like us to publish? Please reach us through info@corp.legit.ng! To access the eNaira, users have to download the ‘speed wallet’, which allows them to conduct transactions with speed and ease. It is a digital storage that holds the eNaira and is held and managed on a distributed ledger. Reporting the same development, The Nation also stated that the eNaira speed wallet application is down. The speed wallet for eNaira had recorded over 100,000 thousand downloads on the Google Play store alone after it was launched. However, the newspaper stated that on Wednesday evening, October 27, the app could not be downloaded, noting that "the information reads “try again”. Recommended for you "Daddy Falana, Debo is my friend": Actor Lege reacts as Mr Macaroni sues hi... President Muhammadu Buhari launched the digital currency on Monday, October 25, making Nigeria the first African country to create a Central Bank digital currency (CBDC). eNaira is a digital currency issued by CBN. It’s a digital form of the naira that is housed in a secured wallet called the eNaira wallet. The digital currency has two applications — eNaira speed wallet and eNaira merchant wallet. Meanwhile, President Buhari has commended the CNB for creating Africa’s first CBDC, eNaira, saying the country will reap many benefits from the initiative. At the launch of the currency, the president said his approval was “underpinned by the fact that the CBN has been a leading innovator in the form of money they produce, and in the payment services they deploy for efficient transactions.” The CBN had engaged a Barbados-based digital financial technology firm, Bitt Inc, as a technical partner to develop the eNaira app. Source: Legit.ng After reaching the milestone of 100, 000 downloads, the eNaira speed wallet app has reportedly disappeared from the Google Play Store The version of the app on the Apple App Store for iPhone users is, however, still available for download President Muhammadu launched the digital currency on Monday, October 25, making Nigeria the first African country to do so Your support matters. Sustain independent journalism in Nigeria – contribute to Legit.ng. Legit.ng Do you have a groundbreaking story you would like us to publish? Please reach us through info@corp.legit.ng!