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...

LASCOPA SEALS UP BIG BOSS SUPERMARKET FOR SALE OF EXPIRED PRODUCTS.{PHOTOS}.#PRESS RELEASE.

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     In a bid to ensure the safety of consumers from the purchase of unwholesome products and guarantee their satisfaction, the Lagos State Consumer Protection Agency (LASCOPA) has sealed up Big Boss Supermarket.
The Super Market which is located at Ogunlana Drive in Surulere, Lagos was sealed up on Friday for continuous display and sale of expired products contrary to the provisions of the Lagos State Consumer Protection Agency Law of 2014
Section 4(a) of the Lagos State Consumer Protection Agency Law of 2014 empowers LASCOPA to protect consumers against the marketing of goods and services which are hazardous to the consuming public.
The Chief Magistrate of the Consumer Court in Lagos Mrs. Dani-Oni issued an order in Suit No. MSC/154/19 for the seal up of the supermarket which was executed by officials of the agency
It would be recalled that Monitoring Team of LASCOPA on a surveillance inspection visited the supermarket earlier in the year and discovered expired products on display in the shelf and issued a Compliance Notice to the supermarket.
According to the Agency, during a revisit, another set of expired products were found on the store and the Supermarket Manager called the bluff of the Agency saying they could do their worse.
The continuous display and sale of expired products by the Supermarket necessitated the Court action pursuant to the promotion of Section 4 of the Consumer Protection Law of Lagos State.
The Agency therefore reiterated its commitment to ensuring the safety of consumers from all forms of unwholesome products and charged consumable product producers and marketers to prioritize the interest of consumers.More photos below.
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