The Central Bank of Nigeria on Saturday refuted claims alleging that the Nigerian government is contemplating the conversion of $30 billion in domiciliary deposits to naira.
According to a statement by the Acting Director of Corporate Communications, Hakama Ali, the claim has been circulating in a national newspaper.
“The attention of the Central Bank of Nigeria (CBN) has been drawn to a story published by a national newspaper alleging that the Federal Government is considering converting $30bn domiciliary deposits to Naira,” it said.
