Mustapha Lawal Claim Daily Trust Newspaper claimed in an exclusive report that the Central Bank of Nigeria (CBN) devalued Naira To N630/$1. Verdict False! The Central Bank of Nigeria did not devalue Naira to N630/$1.According to a press release on the official page of the Central Bank of Nigeria, the exchange rate at the investors’ …
Oluwaseye Ogunsanya Nigerians will be on the march again this morning as they go to the polls to elect their preferred representatives at the state level. While House of Assembly elections will be held in all 36 states of the federation, Gubernatorial elections will be held in only 28 states. It’s against this background that …
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Oluwaseye Ogunsanya Claim An online news platform Apple’s Bite Magazine published an exclusive news article claiming that the Central Bank of Nigeria (CBN) will shut down mobile banking on election day in order to discourage vote buying through e-payment fraud. Verdict The claim is false. CBN is not shutting down mobile banking on election day. …
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…Reposted By Aisha Buhari Michael Babatunde Claim A graphic image circulating across social media platforms claimed that President Muhammadu Buhari has ordered that old N200, N500 and N1000 notes remain legal tender till May 1, 2023. The image which was designed in the format of the Central Bank of Nigeria’s (CBN) official release was also …
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Tijani Abdulkabeer Claim A viral tweet from a blog, GLplug, accredited to the Central Bank of Nigeria noted that the apex bank has ordered the shutdown of Opay, KUDA and Palmplay offices with effect from February 16th, 2023. Verdict False. The directive did not originate from the Central Bank of Nigeria. Full Text A viral …
Oluwaseye Ogunsanya The dust raised by the Central Bank of Nigeria’s (CBN) Naira redesign policy continued to rage during the week as the new Naira note scarcity persisted even with the approaching February 10 deadline extension by the apex bank. The week witnessed protests in many parts of the country as protesters took to the …
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