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JUST IN: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN

Tunde Babalola
By Tunde Babalola
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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.

It said: “No plans to convert $30bn domiciliary deposits to naira. This news is fake!”

Details shortly…

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Tunde Babalola
Tunde Babalolahttp://www.decencyglobalnews.com
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