The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the importers’ and exporters’ (I&E) window.
The CBN stated this in a short tweet on its official handle on Thursday.
The tweet simply reads, “CBN did not devalue the Naira!”
Daily Trust had reported on Wednesday, that the CBN devalued the Naira to N631 to the dollar from N461.6.
According to the source who spoke to the media house, the dollar was sold at the new rate on the Importers and Exporters window on Wednesday.
The report further stated that the devaluation came 48 hours after President Bola Ahmed Tinubu announced the plans of the federal government to unify the country’s exchange rate to stimulate the economy.
In other news, Kanyi Daily reported that President Bola Tinubu on Wednesday, met with the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, at the Aso Rock Presidential Villa, Abuja.
Justice Oyewole Adeyeye, the Chief Judge of Ekiti State, has passed away following a brief…
The Federal High Court in Abuja has thrown out the charges against 119 individuals who…
Embattled American rapper, Sean “Diddy” Combs celebrated his 55th birthday behind bars due to the…
The Economic and Financial Crimes Commission (EFCC) has arrested the former Delta State Governor, Ifeanyi…
President Bola Tinubu has sworn in seven newly appointed ministers during a ceremony held at…
Controversial cross-dresser Idris Okuneye, known as Bobrisky has confirmed that he has left Nigeria temporarily…