CBN Breaks Silence on Shutting Down Financial Transactions Over Elections from Thursday

CBN Debunks Plan To Shut Down Financial Transactions Over Elections

The Central Bank of Nigeria has dispelled rumors that financial transactions will be suspended between February 23 and February 27, inclusive.

Read Also: BREAKING: Influential Presidential Candidate Defects To APC, Tell Supporters To Vote for Tinubu

This information was revealed on Wednesday via the CBN’s Instagram account with the caption “Please be wary of fake news!”

According to the circular debunked by the CBN, the transaction shutdown was intended to prevent politicians from purchasing votes.

The circular stated that the CBN would suspend financial transactions between February 23 and February 27. Go stock your shelves.

Also Read: CBN threatens to arrest Aisha Buhari, others, for spreading fake news about old N500, N1,000 notes

“However you can get money between today and tomorrow, get it and keep it. Also, if you want to make a transfer, do it between today and tomorrow.

“According to the information I’ve heard, the bank network will be down from Thursday to Sunday or Monday, preventing politicians from transferring money to voters. Because the next five days will be difficult, please.”

However, the CBN debunked the report tagging it as “Fake News”

See Also: ‘Some APC Governors and Stakeholders Funding Atiku In Last Minute Attempt’ —  Adeyanju Alleges

Thanks for using our platform to learn about the latest Naija News on CBN Debunks Plan To Shut Down Financial Transactions Over Elections