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FAKE NEWS ALERT: CBN denies introducing N5,000, N10,000 notes
The Central Bank of Nigeria (CBN) has disowned a circular claiming that the financial regulator has introduced N5,000 and N10,000…
MISINFO ALERT: No, withdrawal of N20k from PoS won’t cost N1,000
On Thursday, an X user claimed that Nigerians will spend about N1,000 to withdraw N20,000 from point of sale (PoS)…
FAKE NEWS ALERT: CBN denies selling FX at N1,301/$ to BDCs
The Central Bank of Nigeria (CBN) has denied the sales of foreign exchange (FX) to eligible bureau de change (BDC) operators at…
FAKE NEWS ALERT: CBN denies withdrawing licences of Unity, Keystone Banks
The Central Bank of Nigeria (CBN) has denied withdrawing the licences of Unity Bank and Keystone Bank. A circular, purportedly…
MISINFO ALERT: CBN only dissolved the boards of Keystone, Union, Polaris — NOT the banks
On June 10, several social media users claimed that the Central Bank of Nigeria (CBN) had dissolved Union Bank, Keystone…
FAKE NEWS ALERT: CBN denies instructing banks to restrict crypto accounts
The Central Bank of Nigeria (CBN) has denied instructing banks to restrict cryptocurrency accounts.