BREAKING: CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira


Feb 2, 2024

The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira.

ADULAWO News reports 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.

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