CBN Speaks On Plans To Change Naira Denominations

 

 

The Central Bank of Nigeria (CBN) has dismissed viral reports that it plans to redenominate the naira.

In a statement on Tuesday by its Director, Corporate Communications, Isa AbdulMumin, the CBN expressed surprise over reports that it plans to redenominate the nation’s currency.

The apex bank urged the public to ignore such news, describing it as speculative and calculated to cause panic in the polity.

More to come…

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