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...

EFCC ARRAIGNS FAKE ONLINE SHOPPING OPERATOR IN OSOGBO.{PHOTO}.


        Ibadan Zonal office of the EFCC, 6th November 2017, arraigned one Afolabi Ojo (a.k.a. Kemisola) before Justice M. A. Onyetenu of the Federal High Court sitting in Osogbo on a 3-court charge bordering on obtaining money under false pretense and possession of false documents. 
The defendant however pleaded not guilty to the charges. In view of the plea of the defendant, prosecution counsel, Cosmos Ugwu prayed the court for a trial date and urged the court to remand the defendant in prison custody.Justice Onyetenu adjourned the case to 21 November, 2017 for ruling on bail and ordered that the defendant be remanded in Ilesshe prison pending the ruling of his bail application.
Afolabi, a student of the Polytechnic of Ire, (Ire-Poly), Ire, Osun State, was charged to court following a petition from a complainant who alleged that sometimes in June, 2017, while window shopping on Instagram, she came across some slippers and shoes on a page “Best Classic Store” owned by one purported Kemisola with WhatsApp number 08106802815 displayed on the page. According to the petitioner, after negotiation with the said Kemisola she paid the agreed sum of N53,000.00 (Fifty-Three Thousand Naira Only) to an account owned by one Oyebola Olasunkanmi with account number 0027735703 domiciled in one of the first generation banks. After payment, she chatted with the suspect who allegedly claimed that he did not get the alert of her payment and the excused continued for 3 days after which he stopped picking her calls. At this stage, it dawned on her that she had been duped.
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