We Have Not Devalued The Naira- CBN

The Central Bank of Nigeria has dismissed reports  claiming that it has devalued the naira, tagging it as “Fake News”.

A single tweet by the CBN on Thursday morning said, ” CBN did not devalue the Naira.”

Daily Trust had reported that the CBN on Wednesday devalued the naira to N630 to $1 from N461.6.

The media house had reported that the dollar was sold at the new rate on the Importers and Exporters window on Wednesday.