BREAKING: Naira devaluation fake news, says CBN

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 apex bank said this in a tweet on Thursday.

CBN Has Not Devalued The Naira pic.twitter.com/O9DCB4lQYj

— Central Bank of Nigeria (@cenbank) June 1, 2023

More to follow…