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 CELEBRATES NEPHEW, LONG TIME FRIEND, MAMMAN DAURA AT 80.{PHOTO}.#PRESS RELEASE.

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     On the auspicious occasion of 80th birthday of Baba Mamman Daura, November 9, 2019, President Muhammadu Buhari joins all family members and friends of the veteran journalist in celebrating the milestone, congratulating him for many years of love and sacrifices for the nation, especially in his chosen career, journalism.
President Buhari recalls, with delight, Daura’s remarkable brilliance from childhood at the Katsina Middle School and Government College which caught the attention of Northern Regional Government, leading to sponsorship for further studies in the United Kingdom in the 50’s and many years to follow, noting that the knowledge had, overtime, only translated into more wisdom.
The President rejoices with the renowned journalist and bibliophile, who worked with the civil service for a while before joining the New Nigerian newspapers, where he rose to be Editor and Managing Director, before venturing to the private sector as entrepreneur, inspiring industrial growth in the north in furniture making, textile manufacturing, aluminium smelting and other investments.
President Buhari assures Daura that his footprint on the development of the country, and quintessential attention to family values, will always be remembered and appreciated, extolling him for the visionary role he played in the banking sector and management of companies, and development institutions.
The President prays that the Almighty God will grant longer life to the elder statesman, and more strength to keep pursuing his number one passion of serving humanity, especially through philanthropy.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
November 9, 2019.
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