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 MOURNS VETERAN FILMMAKER, EDDIE UGBOMAH,WHO PASSED AWAY YESTERDAY.{PHOTO}.#PRESS RELEASE.

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      President Muhammadu Buhari joins the entertainment industry, particularly movie makers, in mourning the passage of veteran filmmaker, Chief Eddie Ugbomah, who died at 78.
President Buhari condoles with family, friends and associates of the ace actor, director and producer whose contribution to the development of Nigeria’s film industry remains indelible, starting out early with studies and training in London, before returning in the 70’s to promote drama and movies.
The President believes Chief Ugbomah was not only a gifted story teller but a social commentator and activist, as the themes of his stage and tube presentations explored narratives that directly impacted on many lives and advocated better government policies and programmes.
President Buhari affirms that the departed, who served as Chairman of Nigeria Film Corporation, understood film as a veritable tool for communication, and used it positively for national development.
He prays that God will grant Ugbomah’s soul eternal rest and comfort his family.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
May 12th, 2019.
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