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...
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PRESIDENT BUHARI,APPOINTS BEN AKABUEZE,AS THE NEW DG OF BUDGET OFFICE OF THE FEDERATION.

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                 Mr Ben Akabueze's appointment was approved by President Muhammadu Buhari as the new Director General of the Budget Office of the Federation.Mr Ben Akabueze takes over from Mr Tijani Mohammed Abdullahi who will now serve as Special Adviser to the President on Planning and will continue to work with the Minister of Budget and National Planning.Both Mr Akabueze and Mr Abdullahi joined the Ministry of Budget and National Planning in February this year.Congratulation.

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