‘Fake news,’ CBN says no plan to convert $30bn in domiciliary accounts to naira

The Central Bank of Nigeria (CBN) has dismissed as fake news, reports in some media outlets that it is planning to convert the $30 billion in depositors’ domiciliary accounts to naira. A newspaper had reported that the Federal Government had concluded plans to convert foreign exchange in domiciliary accounts in it efforts to provide more […]

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