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...

APPEAL COURT CONFIRMS EX-GOVS. NYAME,DARIYE'S JAIL TERMS+NYAME TO PAY N495MILLION TO GOVT.{PHOTOS}.

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     The Court of Appeal, Abuja, has confirmed the conviction of Ex-governors ñReverend Jolly Nyame and Senator Joshua Dariye who were former governors of Taraba and Plateau States respectively.
Nyame, in addition to his conviction, is to pay back to government, the sum of N495 million as fine.While upholding the decision of the lower court, the Appellate Court however reduced Nyame's 14 year sentence to 12 while Dariye is also to serve 10 years as against the 14 years handed to him.One more photo below.
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