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...

LAGOS CITY MARATHON: KENYA'S KIPTUM DEFENDS TITLE+WINS $50,000.{PHOTOS}.

Image may contain: 4 people, people standing, shoes and outdoor                In a time of two hours,15 minutes and 20 seconds,Kenya's,Abraham Kiptum who won the maiden edition of Access Bank Lagos City Marathon yesterday Saturday successfully defended his title at the second edition of the race carting away the grand prize of $50,000.
His time was a new record in the Lagos Marathon as he posted a time of two hours,16 minutes and 19 seconds in the 2016 maiden edition.Kiptum's compatriots,Ronny Kiboss and Kiprotich Kiroi came second and third finishiing in two hours,15 minutes and 225 seconds and two hours,15 minutes and 30 seconds,winning $40,00 and $30,000 dollars respectively.
The race started at the National Stadium,Surulere by 7 am and ended at the Eko Atlantic City in Victoria Island with over 50,000 athletes battling for the prize money.
Speaking shortly before presenting the prizes to the winners at the Eko Atlantic City,Victoria Island,State Governor,Mr. Akinwunmi Ambode said his administration has begun steps to reposition sports in the State,assuring that no stone would be left unturned to achieve the aspiration.
He said the success of the tourney marked another leg of his government's dream and aspiration to make State the destination of Sports in Africa.To this end,the Governor said the State would continue to explore and attract regional,continental and global sports events to drive home its mission,adding that the all round development of youths through sports remains paramount. ''Our commitment to continue to support our Youth in Sports Development is resolute,a part that we cannot depart from.The Access Bank Lagos City Marathon is a testimony to this avowed commitment,'' he said.More photos below.
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