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 GREETS CHINA ON 70th ANNIVERSARY OF THE PEOPLE’S REPUBLIC.#PRESS RELEASE.

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     President Muhammadu Buhari felicitates with His Excellency, Xi Jinping, President of the People’s Republic of China, on the upcoming 70th anniversary of the establishment of People’s Republic of China.
The President also congratulates the Communist Party, and the people of China on the anniversary
A letter from the Nigerian leader to the Chinese President reads in part:
“On behalf of the Federal Government of Nigeria, I felicitate with Your Excellency, the Communist Party and the people of China on the occasion of the 70th anniversary of the establishment of People's Republic of China.
“The past seventy years have been decades of political steadfastness, remarkable development, dedication and purposeful leadership leading to the emergence of the People's Republic of China as a global power-house.
“I rejoice with the hardworking and patriotic people of China who have demonstrated over the years a very high sense of unity of purpose, immense hard work, patriotism and full confidence in their leaders.
“I cherish the partnership between China and African countries under the umbrella of Forum on China - Africa Cooperation, FOCAC, which is breaking new frontiers for the development of Africa in a mutually beneficial environment.
“I am also excited about the ever-increasing level of cooperation between our two countries.
“Once again, I congratulate you and all Chinese worldwide on this landmark celebration.”
Femi Adesina
Special Adviser to the President
(Media and Publicity)
September 21, 2019.
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