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Did CBN announce plan to redenominate the naira?

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A message forwarded several times on WhatsApp claims the CBN has announced a new strategic agenda for the naira. The viral message said the new agenda will result in the re-denomination of the naira with full effect from January, 2024.

The claim is FALSE!


The message further claimed that the new policy on the Naira revolves around a 4-point agenda as approved by President Bola Tinubu to make the naira equal to the dollar and regulate market prices.

Meanwhile, CBN has said there are no plans to redenominate the naira neither is there a recent announcement of a new agenda for naira. WABMA team checked.


The Director, Corporate Communications, Isa Abdul Mumin, in a press release said the content of the message modified text taken from an old policy move by a previous CBN Governor in 2007 to make it appear recent.

He advised the public to ignore the report to prevent panic.

CONCLUSION
The claim that CBN announced a new strategic agenda for the naira is FALSE.

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African News

💥 WABMA Fake News Debunker Episode 80

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💥 *WABMA Fake News Debunker Episode 80*

🚩 Did the Ivory Coast goalkeeper wear charms at the AFCON Final?
🚩 Does the video show Fulani bandits killed by Burkina Faso soldiers?
🚩 Did Babangida warn Tinubu about a military takeover?

Get the facts here👇🏼

[https://youtu.be/IPzRkE_XyCo](https://youtu.be/IPzRkE_XyCo)

🙏 Please check out this week’s edition of WABMA’s Fake News Debunker.

WABMA collaborates with a network of media practitioners to debunk misinformation on social media and news outlets.

🚀 Download more Debunker videos and articles 👇
[https://projectfactchecknigeria.org](https://projectfactchecknigeria.org)

Pls. share to help curb fake news!

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African News

WABMA Fake News Debunker Episode 79

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💥 WABMA Fake News Debunker Episode 79

🚩 Is the voice note from the Whatsapp ambassador real?
🚩 Has MTN barred GLO from calling its users?
🚩 Does the picture show Tony Elumelu’s daughter?

Get the facts here👇🏼

🙏 Please check out this week’s edition of WABMA’s Fake News Debunker.

WABMA collaborates with a network of media practitioners to debunk misinformation on social media and news outlets.

🚀 Download more Debunker videos and articles 👇
https://projectfactchecknigeria.org

Pls. share to help curb fake news!

Continue Reading

African News

Has MTN barred GLO from calling its users?

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Unverified information being spread says MTN has barred GLO lines from calling its users

The claim is FALSE.
There’s been back and forth lately between MTN and GLO over an alleged debt GLO owes MTN.

Sequel to this, MTN has written the Nigerian Communications Commission (NCC) requesting to bar GLO lines over the debt.

NCC had published a pre-disconnection notice but resend to a ten day, then 21 days. The disconnection is presently on hold for 21 days starting January 17.

GLO has also officially denied the allegations of an interconnect debt.

However, official information at the moment have it that all disconnection attempts are on hold.

CONCLUSION
The claim that MTN has disconnected GLO lines from calling MTN users is FALSE.

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