{"id":65195,"date":"2022-05-21T16:53:03","date_gmt":"2022-05-21T15:53:03","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation"},"modified":"2022-05-21T18:10:28","modified_gmt":"2022-05-21T17:10:28","slug":"cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation","title":{"rendered":"CBN debunks rumours of withdrawing Naira notes from circulation"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Central Bank of Nigeria (CBN) has debunked reports that it intends to replace the Naira notes in circulation with digital currency, the eNaira in due course.<\/p>\n

Mr Osita Nwanisobi, CBN Director, Corporate Communication, who disclosed this in a statement on Saturday in Abuja, said the reports were not true.<\/p>\n

Nwanisobi said the comment reportedly made during a stakeholders\u2019 engagement in Asaba, Delta State capital, on eNaira adoption and on which the reports were based, was misinterpreted.<\/p>\n

The CBN director called on the general public to disregard the reports.<\/p>\n

\u201cThe digital version of the Naira is meant to complement the existing currency notes and, therefore, will circulate simultaneously as a means of exchange and store of value,\u201d Nwanisobi said.<\/p>\n

Nwanisobi urged members of the public and business owners to embrace digital currency as it gives more possibilities.<\/p>\n

Recall that eNaira was formally launched into circulation by President Muhammadu Buhari last October.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Central Bank of Nigeria (CBN) has debunked reports that it intends to replace the Naira notes in circulation with digital currency, the eNaira in due course. Mr Osita Nwanisobi, CBN Director, Corporate Communication, who disclosed this in a statement on Saturday in Abuja, said the reports were not true. Nwanisobi said […]<\/p>\n","protected":false},"author":84,"featured_media":65194,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,503,254],"class_list":["post-65195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-cbn","tag-nigeria"],"yoast_head":"\nCBN debunks rumours of withdrawing Naira notes from circulation - Nigeria<\/title>\n<meta name=\"description\" content=\"The Central Bank of Nigeria (CBN) has debunked reports that it intends to replace the Naira notes in circulation with di ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBN debunks rumours of withdrawing Naira notes from circulation\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Nigeria (CBN) has debunked reports that it intends to replace the Naira notes in circulation with di ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-21T15:53:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-21T17:10:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/05\/postQueueImg_12-62891ceaa4300.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CBN debunks rumours of withdrawing Naira notes from circulation\",\"datePublished\":\"2022-05-21T15:53:03+00:00\",\"dateModified\":\"2022-05-21T17:10:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\"},\"wordCount\":172,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/05\/postQueueImg_12-62891ceaa4300.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"CBN\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-debunks-rumours-of-withdrawing-naira-notes-from-circulation\",\"name\":\"CBN debunks rumours of withdrawing Naira notes from circulation - 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