The Central Bank of Nigeria has contered reports that the Naira has been devalued. The CBN Acting Director, Corporate Communications Department, Mr. Isaac Okoroafor, who revealed this, said the rumour is not true;
“We have been hearing rumours making the rounds that the Naira had been devalued. I want to tell you now that it is not true. The Naira has not been devalued,” he said and declined to speak further.
It could be recalled that news broke out that Buhari has devalued the dollar to N290 per dollar.