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Nairaland Forum / Nairaland / General / Business / BREAKING: No Plans To Redenominate Naira – CBN Clarifies (185 Views)
CBN Denies Plans To Redenominate The Naira From January 2024 / Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN / It Is A Criminal Act To Deface Naira – CBN Warns Nigerians (2) (3) (4)
BREAKING: No Plans To Redenominate Naira – CBN Clarifies by Thonyb(m): 4:03pm On Oct 31, 2023 |
The Central Bank of Nigeria has denied claims that it plans to redenominate the country’s currency, Naira, with effect from January 2023. Isa AbdulMumin, CBN’s Director of Corporate Communications, made this known on Tuesday in a statement. The reaction of the apex bank comes following a claim suggesting it plans to redenominate the country’s legal tender. The Bank refuted the claim, noting that it has no plan to restructure and redenominate the Naira. “The attention of the Central Bank of Nigeria (CBN) has been drawn to the wide circulation of a text message suggesting that the Bank plans to redenominate the Country’s legal tender, the Naira, with effect from January 2024. “We are concerned that this narrative, which we had refuted before now, appears to be gaining traction with several debates on the implication of such a policy for the Nigerian economy. “We wish to reiterate that the contents of the message are misleading. The authors of the message, in their mischief, modified text taken from an old policy move by a previous CBN Governor in 2007 to make it appear recent. “To avoid doubt, there is currently no plan by the Bank to restructure and redenominate the Naira. Whilst the Bank may be considering reforms, such are subject to laid down procedures in line with the provisions of the CBN Act, 2007. “The public is hereby advised to ignore the news report, as it is speculative and calculated to cause panic in the polity”, the statement contained. https://.ng/2023/10/31/breaking-no-plans-to-redenominate-naira-cbn-clarifies/ 1 Like 1 Share
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Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by TemplarLandry: 4:05pm On Oct 31, 2023 |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by Taylor94: 4:08pm On Oct 31, 2023 |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by incandescentena: 4:08pm On Oct 31, 2023 |
No fvcking smoke without any gawd dammn fire. Damnnn this two monikers above 2 Likes |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by wittywriter: 4:13pm On Oct 31, 2023 |
APCheats with debunking allegations. Wittyness. |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by tritt(m): 4:20pm On Oct 31, 2023 |
Whenever they deny it, watch for the breaking news. |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by Shalommy(f): 4:23pm On Oct 31, 2023 |
We will ignore but las.. las.. it will happen. Chaii... |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by YeyeBoyfriend: 3:49pm On Nov 01, 2023 |
Do you still have Samsung s8plus screen for sale? incandescentena: |
Re: BREAKING: No Plans To Redenominate Naira – CBN Clarifies by incandescentena: 10:24am On Nov 03, 2023 |
YeyeBoyfriend: No 3 Likes |
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