Boss98.9 FM
The Central Bank of Nigeria has debunked the reports that it has devalued the naira.
CBN in a statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports.
The apex bank described the report that the CBN on Wednesday devalued the naira to N630 to $1 from N461.6 as outright falsehood and destabilising innuendos, reflecting potentially wilful ignorance of the said medium as to the working of the Nigerian Foreign Exchange Market.
