E-Naira speed wallet has disappeared from the Google Play Store barely 48 hours after its launch.

However, our correspondent learnt 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.

Checks on the Apple App Store showed that the eNaira speed wallet was still active but had been upgraded.

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.

Before it disappeared, the speed wallet had a rating of 2.0 from 2, 150 reviews as of Tuesday evening with many complaining of glitches.

On Monday, the two apps were rolled out on the Google play store and the Apple store.

The eNaira was developed by the fintech company, Bitt, which was also responsible for the creation of CBDC in some East Caribbean countries.

At the launch on Monday, the Central Bank of Nigeria Governor, Godwin Emefiele, boasted that 500 million eNaira ($1.21 million) has already been minted.

Meanwhile, a notice on the eNaira website explained how the currency and the wallet would work.

It read: “Get Ready With Your Accurate BVN Data For Your Hitch-Free Enrolment.

“To sign-up on the eNaira speed wallet, you would be required to input the following details exactly as captured during your BVN enrollment.

“First Name, Last Name, Date of Birth, State of Origin, and Email.

“Your banks are waiting to assist you in validating and updating your BVN details to ensure seamless enrolment to the eNaira platform.”

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