The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira.
There had been reports that in a bid to rescue the naira, the Federal Government and the CBN were considering converting domiciliary accounts to naira.
But the CBN debunked these ‘fake news’ on its official X page.
It said: “No plans to convert $30bn domiciliary deposits to naira. This news is fake!”
SIGNATURE TV is a leading broadcaster in Nigeria, with studios in Enugu and Abuja and correspondents reporting from within and outside Nigeria.
It is a 24/7 News Channel, focused on investigative and accountability journalism, founded by journalists in the People’s Interest.
SIGNATURE TV is a leading broadcaster in Nigeria, with studios in Enugu and Abuja and correspondents reporting from within and outside Nigeria.
It is a 24/7 News Channel, focused on investigative and accountability journalism, founded by journalists in the People’s Interest.
© 2024 SignatureTV News. A Signature Communications Ltd Company. All Rights Reserved.
