CBN denies issuing new policy actions on Forex


By Raymond Adebayo
Aug. 18, 2023, 2:18 p.m.

Acting CBN Governor, Folashodun Shonubi

The Central Bank of Nigeria has denied rumour making the rounds over new policy actions in the foreign exchange market.

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

According to the apex bank, 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 Telegraph recalls that the CBN floated the Naira in the foreign exchange market in June.

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