The acting director of Corporate Communication Department, Dr Isa Abdulmumin has refuted reports that it has devalued naira in the official market.
On Monday, President Bola Tinubu announced that his government would want the CBN to harmonise the different exchange rates.
Reacting to the report from a national newspaper on Thursday morning, on its front page that the apex bank had adjusted the exchange rate of the Naira to the United States Dollar in the Investors and Exporters (I&E) window of the foreign exchange (FX) market. Dr Isa said is a false news.
He stated “The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report by Daily Trust Newspaper of June 1, 2023, titled “CBN Devalues Naira To 630/$1”.
“We wish to state categorically that this news report, which in the imagination of the newspaper … is replete with outright FALSEHOODS and destabilizing innuendos, reflecting potentially willful ignorance of the said medium as to the workings of the Nigerian Foreign Exchange Market.
“The public is hereby advised to ignore the news report by Daily Trust in its entirety, as it is speculative and calculated at causing panic in the market.
