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...

4 FAKE DRUG MANUFACTURERS PRODUCING AROUND IKOTUN WERE PARADED BY THE POLICE TODAY.{PHOTOS}.#PRESS RELEASE.

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     PRESS BRIEFING
PARADE OF FOUR (4) NOTORIOUS FAKE DRUG MANUFACTURERS AND DISCOVERY OF A SUSPECTED FACTORY WITH HEAVY MACHINES USED FOR PRODUCING FAKE DRUG IN IKOTUN AREA OF LAGOS STATE BY THE FORCE PUBLIC RELATIONS OFFICER, Ag. DCP JIMOH MOSHOOD. 14th DECEMBER, 2018.

SUSPECTS
i. Emeka Madu aka Cabara 47yrs - Owner Of the suspected Fake Drug Manufacturing Factory
ii. Eze Young 26yrs – Staff in the suspected Fake Drug Manufacturing Factory
iii. Chijoke Umunna 19yrs – Staff in the suspected Fake Drug Manufacturing Factory
iv. Kingsley Obilo 22yrs – Staff in the suspected Fake Drug Manufacturing Factory
EXHIBITS
i. Plastic Buckets of different types suspected fake drug
ii. Cartons of packed suspected fake drug for distribution
iii. A vehicle being used for the distribution of the suspected fake drug
iv. Large quantity of unprocessed suspected chemicals and substances used in manufacturing the suspected fake drug
v. Several Machines fabricated for processing, manufacturing and packaging of the suspected fake drug
vi. Forged pharmaceutical papers
The IGP Intelligence Response Team working on credible intelligence stormed and raided a secret suspected fake drug Factory hidden in the residential Area of Ikotun in Lagos State where substantial production, packaging and distribution of suspected fake drug to different parts of the Country is being carried out. These dastard acts may have resulted in several deaths, health complications and physical disabilities to many victims Nationwide.
2. The hideout where the suspected fake drug is being illegally produced on No. 2, Okunnenye Street, Ikotun Egbe Area, Lagos State was raided on 13th December, 2018 by Operatives of the IGP Intelligence Response Team (IRT) led by the Commander of the Unit, DCP Abba Kyari where the following suspects, Emeka Madu aka Cabara 47yrs – the owner and leader of the gang operating the suspected fake drug Factory, Eze Young 26yrs, Chijoke Umunna 19yrs and Kingsley Obilo 22yrs were caught and arrested in the act of producing the suspected fake drug with the use of Machines fabricated for processing, manufacturing and packaging of the suspected fake drug. The above listed exhibits were recovered from their possession.
3. The suspects confessed to the crime and admitted to the various criminal roles they played in the processing, manufacturing and packaging of suspected fake drug.
4. Investigation is on-going and efforts being intensified to arrest the other suspects still at large. All suspects will be arraigned in court on completion of investigation.

Ag. DCP JIMOH MOSHOOD
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
More photos below.
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