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...

PRESIDENT BUHARI SUSPENDS D.G OF NIA TODAY OVER THE MONEY FOUND IN IKOYI RECENTLY.{PHOTOS}.

Image may contain: one or more people               President Muhammadu Buhari ha suspended the Director General,Nigeria Intelligence Agency,NIA,Ambassador Ayo Oke.His suspension is sequel to his involvement in the humongous find of foreign currencies and naira notes to the tune of $43.4million,27,800 pounds and N23.2 million at in a residential building in the 7th Floor of a four-bedroom apartment at Osborne Towerss located at 16,Osborne road Ikoyi,Lagos.A three man Committee comprising the Hon. Attorney-General of the Federation and Minister of Justice,and the National Security Adviser,headed by the Vice President,is to conduct investigations into the level of his involvement in the cash haul.The Committee is to submit its report to the President within 14 days.The President directed that the most senior officer in the NIA is to act during the period of investigation.More photos below.
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