Recently, a claim went viral that the Central Bank of Nigeria (CBN) had revoked the license of Unity, Keystone and Polaris Banks. This claim circulated across several social platforms and a version, posted on X (formerly Twitter) garnered over 16,000 views. The claim went viral shortly after the CBN revoked the license of Heritage Bank....
Tag: Central Bank of Nigeria
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FACT CHECK: Did the CBN release a statement banning the use of Dollars for domestic transactions within Nigeria?
On February 4, 2024, the CDD War Room received a claim that the Central Bank of Nigeria (CBN) had issued a statement banning the use of the United States Dollars for domestic transactions within Nigeria. Attached to the claim is an image of a press statement titled “ THE USE OF FOREIGN CURRENCY AS A...