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 ARRESTED A FAKE LAWYER OVER N1.5M SCAM ON FRIDAY.{PHOTOS}.

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      The Economic and Financial Crimes Commission, EFCC on Friday February 16, 2018, arrested Emem Isreal Uboh over allegations of N1.5 million fraud. Uboh has also been parading himself as a Barrister without any certificate to show for his claim.
Following his arrest, a search was conducted in his apartment which yielded the recovery of several documents including letters of award of contracts were he was addressed as barrister. Upon interrogation, the suspect said he only studied law at a Diploma level without the award of a certificate; he nevertheless printed and brandishes documents suggesting that he is a solicitor and attorney.Some of the documents retrieved from him which had the title of Barrister are: his company name (BARRGEORGE Nigeria LTD.), his email address (barrgeorge51@gmail.com) and his account opening documents at his bank.Uboh's waterloo followed a petition from one Bridget Bassey, who reported that in March 2017, she paid the sum of N1,540, 000 (One Million, Five Hundred and Forty Thousand Naira) only to trade in Bitcoin, and was billed to earn over N2m, but never got the capital she invested, nor the promised profit.According to her, all efforts to get her money back proved abortive, hence she petitioned the Commission over the activities of Uboh. Findings further showed that the petitioner was not Uboh's only victim.Investigation is still ongoing and the suspect will be charged to court soon.More photos below.
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