Business
CBN reacts to plan to shut down financial transactions during elections
The Central Bank of Nigeria has debunked the report that financial transactions will be shut down from Thursday, February 23 till Monday, February 27.
This was disclosed via CBN’s Instagram account on Wednesday saying, “Please be wary of fake news!”
According to the circular CBN debunked, the transaction shutdown was to make sure politicians are unable to buy votes.
ALSO READ: Naira swap: Lawyer defends Emefiele over alleged contempt of court allegations
The circular read, “CBN plans to shut down financial transactions from Thursday 23 of February till 27th of February. Go and stock your home.
“Anyhow you can get money between today and tomorrow, get and keep it, also whatever transfer you want to do, do it between today and tomorrow, information am hearing is that, as from Thursday, bank network will go off till Sunday or Monday, so that polititian will not be able to transfer money to anybody for vote, so buy enough food at home, do ur transfer now. Because the next five days will be difficult pls.”
-
Latest4 days agoFull List: Meet the 2026 Nobel Prize winners across six categories
-
Featured1 week ago103 Million Voters: What does INEC’s new register say about Nigeria’s population?
-
Football3 days agoPremier League Matchweek 7: Five Fixtures That Could Shape the Weekend
-
Latest3 days agoUmahi defends Lagos-Calabar highway route changes amid public outcry
-
Business1 week agoThe Ministry of Commerce of Loveworld gets a $1 million boost for new investment fund at LTIF 2026 to promote Trade in Ghana
-
Features1 week agoEdo’s 2.5 million vote promise: Can the numbers match the politics?
-
Business3 days agoDangote Refinery IPO Extension: Was the 70% subscription report overhyped?
-
Business2 days ago
Dangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity