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 RAISES ALARM TODAY OVER ''FAKE OFFICIALS EXECUTING SEARCH WARRANTS''.

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       It has come to the knowledge of the Economic and Financial Crimes Commission, EFCC that some unscrupulous individuals parading themselves as operatives of the Commission have been harassing some prominent persons in the country on the pretext of purportedly executing Search Warrants on behalf of the Commission.
Among their victims are politically exposed persons including ranking law makers.
This development is frightening as it represents a new dimension to the nefarious business of impersonation of EFCC officers by fraudsters and other criminal gangs.
The Commission dissociates itself from the activities of these criminals and advises the public to be circumspect when confronted with request from suspicious persons to search their homes or properties.
Accordingly, the public are implored to verify the authenticity of any demand for the execution of Search Warrants by referring to the nearest office of the EFCC. They can also contact the head office through these numbers: 08093322644 or 08183322644.
The Commission can similarly be reached by email: info@efccnigeria.org.The Commission has put all its offices on the alert with a view to nipping the activities of these criminals in the bud.
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