The Central Bank of Nigeria (CBN) has swiftly moved to quash rumors of an impending policy change that would peg $1 to N1.25. The rumor had gained traction across social media platforms before being addressed by the central banking authority.
In a statement released via its official Twitter account, the apex bank categorically denied any such policy shift and urged the public to dismiss the viral report. The statement read as follows:
Reacting on Twitter, the apex bank wrote:
“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 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. pic.twitter.com/zTPItiQ2ea
— Central Bank of Nigeria (@cenbank) September 13, 2023
