CBN Speaks On Introducing New Naira Policy, To Exchange $1 For ₦125
The Central Bank of Nigeria (CBN) has distanced itself from a viral publication announcing a plan to introduce a new Naira policy in the country.
The apex bank took to its X (formerly Twitter) account on Wednesday morning to warn the general public to shun the viral publication, describing it as fake news.
“The Central Bank of Nigeria would like to bring to your attention that the attached message currently circulating on social media is false and should be disregarded,” the bank wrote on the microblogging platform.
The viral publication claimed the CBN would introduce the new naira policy by November 2023, which will make the United States of America ($1 USD) exchange for N125.
“The new Strategic Agenda for the Naira was announced by the Central Bank of Nigeria, generating a healthy national debate,” the viral publication stated.
