The Central Bank of Nigeria has denied news reports of Naira devaluation making rounds on various media outlets.
Daily Trust had earlier reported that the Central Bank of Nigeria has devalued the naira to N631 to a dollar from N461.6.
According to the Daily Trust, it was sold at the new rate on the Importers and Exporters window on Wednesday.
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In a statement released by the Central Bank of Nigeria on Thursday morning, it’s stated that this report is “in the imagination of the newspaper” and should be ignored by the general public.
See full statement below:
