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...
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N54 MILLION EMPLOYMENT SCAM: EFCC ARRESTS NPC COMMANDANT.{PHOTO}.#PRESS RELEASE.

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      The Economic and Financial Crimes Commission EFCC Gombe Zone has arrested one Mr. Ambore Enoch, Commandant, Nigerian Peace Corps, Gombe State Command for financial impropriety bordering on employment scam and extortion of money from the general public under the pretext of offering them appointment into the Corps.
The arrest followed a petition by some aggrieved members of the Corps of Gombe State Command.
Following investigation, it was discovered that the victims (mostly youth of Gombe State) were deceived to pay various sum of money ranging from Three Thousand Naira (N3,000) to Sixty Thousand Naira (N60,000) into the Corps account domiciled in one of the new generation banks amounting to the tune of N54 Million (Fifty Four Million Naira) only. This was between December 2016 to March 2017.
In the mean time, it was discovered that out of the money realised from the corps account, the Commandant withdrew the sum of N3.5Million (Three Million, Five Hundred Thousand Naira) only for personal use, he also transfered the sum of N20 Million (Twenty Million Naira) only into his personal account and remitted the sum of N18.7 Million (Eighteen Million, Seven Hundred Thousand Naira) only into the Corps account at the Headquarters, Abuja.
Other withdrawal were done by individuals under the instruction of the Commandant which appears suspicious.Investigation into the matter is still ongoing and suspect will be charge to court as soon as the investigation is concluded.
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