The Central Bank of Nigeria (CBN) has urged the public to disregard viral social media post that planned to introduce a new Naira policy that will make $1 equal to N1.25 in November 2023.

In a post on its official X handle on Wednesday, the apex bank flagged the viral social media report as “fake news “.

“The Central Bank of Nigeria would like to bring to your attention that the attached message currently circulating on social media is false and should be disregarded”, it said.