Central bank of Nigeria has debunked the viral news of naira being devalued to N630 per $ amidst fuel subsidy removal
The news was earlier reported this morning by one of the popular Nigerian news agencies, Daily Trust newspaper which they titled “CBN Devalues Naira To 630/$1”
The Central Bank of Nigeria categorically stated that the news report is outright falsehood without their consent or authorization.
Imagination won kill The trust newspaper
The Central Bank of Nigeria further said the news was just an imagination of the newspaper body and it is exclusive and replete to mere lies.
For the avoidance of doubt, the CBN added that the exchange rate at the Investors & Exporters’ (I&E) window traded this morning (June 1, 2023) at 4465/US$1 and has been stable around this rate for a while.
The Central Bank of Nigeria advised Media practitioners to verify their facts before publishing in order not to misinform the public.
Reactions: My own be say make food stuffs no increase
Nigerians demand for the open report of the actual exchange rate rather than the popular bad market rate. See reactions below:
@mclairity: My own be say make food stuffs no increase pass wetin e be now
@Official: Falsehood or not, the Naira is highly devalued. Get to work and stop wailing!
@MrKriz4: Is not better to devalue it?…. Can the common man access the CBN rate?… No.. so why not devalue it
@Chukwuye: In summary, CBN said: “Imagination wan kill Daily Trust” eee
@el_pharouq: So now what is current $ rate in naira
@fawa: The kalokalo don start. Na still the 630 Una dey go jare
READ ALSO: Old N200, N500, and N1,000 banknotes Remain Legal Tender – CBN says
CBN denies shutting down financial institution to prevent vote buying
Meanwhile, The Central Bank of Nigeria (CBN) has denied viral message shared on Whatsapp that it would shut down financial institutions because of the election, describing it as fake.
The apex bank lifted the lids on the message in a tweet which Ikeja Bird sighted on its official Twitter account on Wednesday, February 22.
In the viral Whatsapp message, the poster had claimed that the CBN would close all financial institutions from Thursday, February 23, to Tuesday, February 28, to prevent politicians from vote buying.
