CBN DEBUNKS FAKE NEWS ON NEW N5,000 AND N10,000 BANKNOTES.(PHOTO).

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  The Central Bank of Nigeria (CBN) has dismissed a viral claim circulating on social media about the introduction of new ₦5,000 and ₦10,000 banknotes, labeling it as fake news. The claim, which included fabricated images of the supposed new denominations featuring Dr. Nnamdi Azikiwe and Chief Obafemi Awolowo, falsely stated that the new notes would enter circulation from May 1, 2025. In a statement on its verified Facebook account, the CBN clarified that the content is not from the bank and directed the public to its official website, (www.cbn.gov.ng), for authentic information. The bank warned against spreading misinformation regarding monetary policies and urged Nigerians to rely only on official statements from its verified channels. The CBN reaffirmed that any major policy decision, including the introduction of new banknotes, would be announced through its official platforms. The public is advised to remain cautious and verify financial information from credible sources befor...

SOUTH AFRICAN GOVT,MAY LEGALIZE THE SALE OF RHINO HORN STOCK,TO PREVENT POACHERS FROM SLAUGHTERING THEM.

WhineRhino_960_472_80auto_s_c1_center_center                 The South African Government is yet to decide whether it will seek a two year opportunity,in which to sell off its rhino horn stock pile as a means of halting or slowing the slaughter of the animals by poachers.This comes as the belief persists in some circles that flooding the market with legal horn would reduce the attraction of poaching as the price of the horn falls.Scores of rhino have already been poached in South Africa this year.Worldwide,the trade in rhino horn was banned in 1977 by the convention on International Trade in Endangered Species of Wild Fauna and Flora {Cities}.In South Africa Moratorium on domestic rhino horn sales was introduced in 2009.

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