New policy on foreign exchange market old news, CBN reacts

The Central Bank of Nigeria (CBN) has cleared the air on reports claiming that it has initiated new policy actions in Foreign Exchange Market.

According to the apex bank, the said report which has now been doing the rounds on social media was published on February 20, 2017, and not a recent publication as purportedly claimed.

In a statement on Thursday, the bank on its official X (formerly Twitter) handle, described the report as “old press release”.

“We would like to bring to your attention that the attached images currently circulating on social media are from an old Press Release dated 20th February 2017 and should be disregarded,” the post reads.

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