The claim that Nigeria is set to replace the naira with a new currency is FALSE. The recent currency discussions and policy moves from the CBN and Nigeria’s Ministry of Finance are focused on strengthening the naira not replacing it.
CLAIM: One US Dollar Exchange For 750 Naira
CLAIM: One US Dollar Exchange For 750 Naira On April 1, 2025, a TikTok user @onlinebanker posted a 13 seconds video claiming that one US dollar now equals 750 naira in the foreign exchange market. As of the time this report was published, the post had gained over 340,400 views on the platform with many […]