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CBN Denies Introducing Policy To Make $1 To ₦1.25 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Denies Introducing Policy To Make $1 To ₦1.25 (21853 Views)

Fake News Alert: CBN Denies Selling FX To BDCs At ₦‎1,001/$1 / CBN Denies Plans To Redenominate The Naira From January 2024 / Naira Redesign: CBN Denies Plan To Print ₦‎5,000 Note (2) (3) (4)

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CBN Denies Introducing Policy To Make $1 To ₦1.25 by nlfpmod: 9:59am On Sep 13, 2023
Central Bank of Nigeria @cenbank

The Central Bank of Nigeria would like to bring to your attention that the attached message currently circulating on social media is false and should be disregarded.

4 Likes 1 Share

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Aonkuuse(m): 10:01am On Sep 13, 2023
CBN, I don't really know what is happening there!! Is it that you guys don't have a solution to the rising dollar value or there is something you guys are not telling us??

Meanwhile, people who sit down and write this kind of long fake articles really get time oo

101 Likes 8 Shares

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by TemplarLandry: 10:02am On Sep 13, 2023
cool
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by HydraFeeds(m): 10:03am On Sep 13, 2023
If implemented,it will lead to hyperinflation .

21 Likes

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by YxCEc2kUDRp2RWy: 10:03am On Sep 13, 2023
I remember how people were larping this nonsense up when it first came out
People were saying all manner of irrelevant things... some even brought Jagaban into the mix (as usual)
People will believe anything nowadays

16 Likes 3 Shares

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Wealthoptulent(m): 10:04am On Sep 13, 2023
TemplarLandry:
cool

all the spirit of emiefiele_le, emikemifiele or what ever his name is grin
bionixs:
is he also the reason your Naira went to the dogs ? Is the color change now every reason for all your misfortune. If you keep leaving buhari out of this , you will never end well
unfortunately for YOU,TRUTH begins with Acceptance.
ur end is Near!

bionixs:
As Emefiele that i am. You are so duped that they will still let him off the hook, while you keep waiting in hunger.

Last time I visited, it was only freedom of movement they are denied . They are living proMAX MAX MAX of you dream behind the bars
me or YOU? cos na diet i dey now, mai no too big... while you after Balance Diet make Kwashiorkor no send u early grave

3 Likes 1 Share

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Fr33born(m): 10:04am On Sep 13, 2023
They are debunking it as if sensible people believed it before.

Abegi!

25 Likes

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by PrinceOfLagos: 10:04am On Sep 13, 2023
Ok
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Bruisecruise: 10:04am On Sep 13, 2023
As usual.
Test the waters to see reaction.
Then deny it.
Then do it anyways.

72 Likes 6 Shares

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Racoon(m): 10:04am On Sep 13, 2023
grin Meaning they are not ready to even help the disastrous and inglorious post - office Buhari-led APC Government’s illusory promise from coming to fruition?

1 Like

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by gaby(m): 10:04am On Sep 13, 2023
Rubbish.

1 Like 1 Share

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Isobug: 10:04am On Sep 13, 2023
I knew it was untrue.

They have rushed to debunk it. To them, that would be a very tall dream.
Meanwhile, It's not Rocket technology. Accept and work towards it, nothing is unachievable as far as there's a true but smart commitment. Who knows you can get to $1 to #300, the people will rejoice.

My own two cents

6 Likes 1 Share

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Kobicove(m): 10:04am On Sep 13, 2023
I knew it was a lie the first time I heard it. undecided

Naira has not depreciated so badly as to warrant a currency redenomination
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by porthouse7(f): 10:04am On Sep 13, 2023
Ipob and fake news

6 Likes 2 Shares

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Olawumi1032(f): 10:05am On Sep 13, 2023
Okay
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by southsouthking(m): 10:05am On Sep 13, 2023
Impossicant
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by ClassicMan202(m): 10:05am On Sep 13, 2023
We believe alot of bullsh!t in this country.....


Well, in every rumour there is an atom of truth

4 Likes

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Olastep1(m): 10:06am On Sep 13, 2023
All talks, no action
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Sacrednes: 10:06am On Sep 13, 2023
undecided
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by omoredia: 10:06am On Sep 13, 2023
Nigerians should understand that now you need some serious motivation to do the right thing in this country. A robber cannot come and make a bank more secure when all the people close to him and that he cares about are also robbers. A bad tree cannot bear good fruit

U cannot marry a retired ashawo and expect ur daughters to be decently dressed and well behaved at all times. It will never happen. Na dog dey born dog

Thats why having a good process is very important. Cos u cant get a good product from a bad process.

The iphone15 that just came out is born out a of a generally better process than an iphone12 u cant be using the iphone12 process and expect to get an iphone15 at the end of the day

If u pass a pope through the process many of these our leaders passed to get the power the pope will also give poor performance. That's why as the black man is investing heavily in hope and prayer the white man is investing heavily in improving his processes everyday and the result is there

16 Likes

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Kobicove(m): 10:06am On Sep 13, 2023
The government really needs to consider meting out stiff penalties to purveyors of fake news! angry

1 Like

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Benblaq(m): 10:06am On Sep 13, 2023
But can it be done overnight? Like, to just wake up and announce exchange rate dropping this low ..
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by inoki247: 10:07am On Sep 13, 2023
Lol na daftness when I see am I talk say na lie u wan turn our currency to Cedis be that....


With everything Cedis still performing worse....

1 Like

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by KendoRide: 10:07am On Sep 13, 2023
H
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Lanre4uonly(m): 10:07am On Sep 13, 2023
Nigeria my country.
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by iwaeda: 10:08am On Sep 13, 2023
nlfpmod:
Central Bank of Nigeria @cenbank

grin grin grin grin grin So is you have 10 million naira, it will only worth 10k. grin grin grin
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by thesicilian: 10:08am On Sep 13, 2023
Lol. So normal human beings actually believed that?
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by ecolime(m): 10:08am On Sep 13, 2023
How come there's been so much fake news these days? Where are they coming from?

Is it the Job of some people to sit down and create fictitious news? And for what purpose?

So many questions begging for answers.

4 Likes 1 Share

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by KendoRide: 10:08am On Sep 13, 2023
But why shouldn’t they make $1 equal to N1 ?

1 Like

Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Military0001: 10:08am On Sep 13, 2023
Well the government should work towards improving the Naira.
Imagine Nigerian used Lexus ES350 of 2008 going for #4million and above

Naira ah!!! Wetin dey occur to our currency.
Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by ALCOHOLKILLS(m): 10:09am On Sep 13, 2023
Confused Government, the drug Lord in aso rock get fish Brian, if not because of his fraudulent money which he used to rig last election, he would never have near aso rock because that dingbat is a tout and a demented drug addict

idiotic presidiot

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