CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this known in a statement on Tuesday in Abuja.
The News Agency of Nigeria (NAN) reports that there had been social a media message in circulation about plans by the apex bank to redenominate the naira by cancelling two zeros from the currency. According to AbdulMumim, there is no truth in the message.
“The attention of the CBN has been drawn to the wide circulation of a text message suggesting that the apex bank plans to redenominate the country’s legal tender, the naira, with effect from January 2024.
