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 SALUTES RUSSIAN PRESIDENT PUTIN ON RE-ELECTION

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     President Muhammadu Buhari has extended “sincere congratulations” to President Vladimir Putin of Russia on his victory in the recent presidential election in the Asian country.
In a letter on behalf of himself, the government and people of the Federal Republic of Nigeria, the President said Putin’s “success for the fourth time in the election is a clear testimony of the confidence” Russians have in his leadership.
He also urged his Russian counterpart to “see this victory as a base to continue to promote international peace and stability.”
President Buhari assured President Putin of “Nigeria’s commitment to a stronger and mutually beneficial relation with the Russian Federation under your watch.”
He said he looked forward to continue working with the Russian leader “to strengthen our defence, trade and technical partnerships as well as promotion of private sector participation in all sectors of our economies.”
FEMI ADESINA
Special Adviser to the President
(Media & Publicity)  
March 20, 2018.
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