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eNaira wallet removed from Google Playstore after 100k downloads

“Beware of fraudsters, fake eNaira social media handles.”

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Barely 48 hours after eNaira speed wallet went live, it was discovered that the app is no longer available on the Google Playstore. 

Findings showed that the wallet disappeared from the Google Play Store on Wednesday, October 27, after over 100,000 users had downloaded it.

It was also observed that although the eNaira speed wallet had disappeared from the Google Play Store, the eNaira merchant wallet, which is designed for businesses, was still running as of 9pm on Wednesday and had over 10,000 downloads.

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.

The CBN, however, has warned Nigerians to beware of some fraudulent individuals using a twitter handle, @enaira_cbdc purported to belong to the bank to spread false information.

The apex bank, in a statement on Wednesday, explained that the impostor handle was posting messages related to the eNaira with the intent of wooing unsuspecting Nigerians with claims that the CBN was disbursing the sum of N50bn eNaira.

The statement was titled, “Beware of fraudsters, fake eNaira social media handles. Following the formal launch of the eNaira on Monday, October 25, 2021, the attention of the CBN has been drawn to criminal and illegal activities of some individuals and a fraudulent twitter handle, @enaira_cbdc purported to belong to the Bank.

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“The impostor handle and fraudulent persons have been posting messages related to the eNaira with the intent of wooing unsuspecting Nigerians with claims that the Central Bank of Nigeria, among other falsities, is disbursing the sum of 50bn eNaira currency.

“These impostors are bent on defrauding innocent and unsuspecting members of the public through the links attached to their messages for application to obtain eNaira wallets and become beneficiaries of the said 50bn eNaira currency.”

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To this end, the bank warned members of the public to be wary of fraudsters attempting to take advantage of unsuspecting Nigerians.

On the CBN’s eNaira website, www.enaira.gov.ng, the apex bank warned users that it would not be held liable for the loss or corruption of data.

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.”

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