CBN denies issuing new policy on Forex

Alade Abayomi ADeleke
Alade Abayomi ADeleke
CBN to rename forex market amidst economic shifts

By Wilson Adekumola


The Central Bank of Nigeria has debunked reports going viral on social media and other platforms over new policy actions in the foreign exchange market, saying it was an old release.


The CBN made this known Thursday night in its official X, formerly Twitter handle.


The apex bank disclosed that the purported Press Release dated 20th February, 2017, should be disregarded.


“We would like to bring to your attention that the attached images currently circulating on social media are from an old Press Release dated 20th February, 2017, and should be disregarded”, CBN wrote.


The CBN had floated the Naira in the foreign exchange market in June.

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