BUSINESS

Fake News: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN

The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira.

There had been reports that in a bid to rescue the naira, the Federal Government and the CBN were considering converting domiciliary accounts to naira.

But the CBN debunked these ‘fake news’ on its official X page.

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ABN TV EDITOR

ABN TV is one of the most visited news platform across Nigeria and the world over. It has carved a niche for itself in delivering authentic, accurate news.

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