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Old statement used in misleading claim about currency policy in Nigeria

Nigeria’s central bank announced a raft of new policies in recent weeks aimed at strengthening the country’s currency. Several posts on social media shared a statement suggesting that the bank’s new chief, Olayemi Cardoso, had also banned the use of US dollars for domestic transactions. But the claim is misleading; AFP Fact Check found that the statement predates Cardoso by nearly a decade. Moreover, since a 2007 law, the naira has been the only legal tender for transactions in the country.

CBN name new executives for Union, Keystone and Polaris banks afta sacking old management

CBN name new executives for Union, Keystone and Polaris banks afta sacking old management
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