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...

OIL THEFT: COURT REMANDS 9 FOREIGNERS,2 NIGERIANS IN PRISON IN PORT-HARCOURT.{PHOTOS}.

 Image may contain: 11 people, people standing and outdoor                  Justice J.K Omotosho of the Federal High Court Sitting in Port Harcourt, Rivers State has remanded nine foreigners and two Nigerians in Port Harcourt's prison for alleged oil theft. The suspect are Mohammed Ejaz, Naseer Khan (Pakistani), Oleksandr Nazarenko, Oleksandr kashernvi (Ukrainians), Romeo Annang, Francis Ahorlu, Kwesi Attah( Ghanaians), Victor Mikpayi (Beninois ), Fredrik Fatin Omenu (Indonesian), Victor Azebiri, David Otuhohi (Nigerians) and a Company: Asztral Shipping Corporation SA, and a Vessel, MT. TECNE( a.k.a MT STAR). They were remanded pending arraignment and hearing of a 4-count charge bordering on conspiracy, dealing in petroleum products without a license and tampering with oil pipelines.One more photo below.
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