• We’ve not devalued naira – CBN

    We’ve not devalued naira – CBN

    According to reports, the Central Bank of Nigeria has refuted reports that the Federal Government has secretly devalued the naira from N199 to N290 to the United States dollar.

    The nation’s apex bank also reiterated it has no plan to devalue the currency soon.

    The refutal came on the heels of an online week­end publication that the naira had been devalued.

    Reacting to the report, Acting Director of Corpo­rate Communications, Mr Isaac Okoroafor told Newsmnen yesterday that those spreading the rumour were doing […]