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<h2 id="span-style-font-size-19px-color-inherit-font-weight-bolder-central-bank-refutes-naira-redenomination-rumors-for-2024-span-br">Central Bank Refutes Naira Redenomination Rumors for 2024 </h2>
The <a href="https://www.coingabbar.com/en/crypto-currency-news/nigerian-central-bank-unveils-new-withdrawal-limits-to-promote-cbdc-adoption" class="f-link" rel="noopener noreferrer nofollow">Central Bank</a> of Nigeria has dismissed rumors of a naira redenomination in January 2024.
It stated that the misleading information originated from an altered 2007 policy text and advised the public to disregard the message aimed at creating panic. The bank confirms that no such steps have been taken as per the CBN Act of 2007.

CBN Denies Rumors to Plan Redenominate Naira for 2024

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