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Topic: No plans to redenominate naira, CBN says  (Read 280 times)

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No plans to redenominate naira, CBN says
« on: November 01, 2023, 07:09:07 am »
No plans to redenominate naira, CBN says

The Central Bank of Nigeria has denied reports claiming it plans to redenominate the country’s local currency. The Director, Corporate Communications, CBN, Isa AbdulMumin, said this in a statement titled, ‘No plan to redenominate the naira’, on Tuesday. AbdulMumin said, “The attention of the Central Bank of Nigeria has been drawn to the wide circulation


 
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