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News

Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN

written by olarotimi June 2, 2023

Nigeria’s Leading Newspaper,  Daily Trust, Has Replied The Central Bank Of Nigeria (CBN) Over The Cover Page Story Of Thursday, June 1, 2023.

The newspaper had reported how the apex bank devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day.

Some bank customers had told Daily Trust  paper that they applied and that their request was fully granted at N631 as against N461.6.

After the story went viral on social media, CBN via its Twitter handle, posted a stamp which read: “Fake News”.

But responding in a statement, Daily Trust said it had evidence of those who bought the dollar at the reported rate, and challenged the CBN to provide any facts to the contrary.

 

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