CBN Has Not Devalued The Naira

This was posted on the twitter handle of the CBN this morning with the following images!


$ is still being traded at 465 to the naira as at today June 1, 2023.

https://twitter.com/cenbank/status/1664195669484097536

This is a super story

Na wa o
The person carrying this fake news should be arrested if it's truly fake news

Fear grip CBN you removed subsidy abruptly before it's expiration thereby causing inflation and weakning the purchasing power of Nigerians. As if that was not enough you float the scarce dollar instead of waiting for the FX that will come as a result of the removal of subsidy and working dangote/other modular refineries, thereby plunging more nigerians into poverty since bz men will only pass the cosy of the dollars to consumers. when we say don't vote this neocolonialist you people will not hear. 3 things IMF told tinubu to do
1: Remove subsidy
2: Float the naira to have a uniform exchange
3: Increase VAT.
Mark my words tinubu will do or this wether we like it or not

Ihateheadslamer:
This is a super story

Alafadifarensoro 😂😂

Daily Trust no dey Trustworthy? 😂😂😂

Yet BDCs and Virtual dollar card providers have already increased their rates. For instance, PayDay and Klasha have increased their rates already. Klasha went from #763 that it has been for weeks, to #790.

Here we are in another merry go round.