CBN denies reports of devaluation of the Naira

The Central Bank of Nigeria has denied reports of the devaluing the Naira. 

DailyTrust had earlier reported that the apex bank has devalued the Naira to N631 to $1. However in a post shared on social media today June 1, the CBN described the news as fake.

See the CBN’s posts below…

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Last updated: Just Now2026-03-12T10:30:04+01:00

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