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...
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PRESIDENT BUHARI RECEIVES EMBALO, GUINEA-BISSAU PRESIDENT-ELECT; STRESSES COMMITMENT TO WEST AFRICAN STABILITY.{PHOTOS}.#PRESS RELEASE.

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     President Muhammadu Buhari on Sunday reiterated his desire for stability, peace, progress and prosperity in the entire West African sub-region.
Responding to Umaro Muhktar Sissoco Embalo, the President-elect of Guinea Bissau, who came to Nigeria on a “thank you visit” and to express his "good wishes" following his emergence as winner in the keenly contested, just-concluded elections in his country, President Buhari said, “Without stability, there can be no development. We will do whatever it will take to stabilize the sub-region.”
President Buhari commended the out-going President, José Mário Vaz, himself a candidate in the elections for supporting the emergence of Embalo in the second round of balloting “in the interest of peace and stability.”
He said history will remember President Mario Vaz for putting National interest above his own, emphasizing that he cared for peace within the region.
The Nigerian President expressed his desire for both countries to work together for the betterment of their peoples and reiterated his vision for peace, progress and prosperity in West Africa.
President-elect Embalo, a businessman-turned politician, was Prime Minister of Guinea Bissau under incumbent President Jose Mario Vaz between 2016 and 2018. He was a member of the ruling African Party of Independence of Guinea and Cape Verde (PAIGC) when he founded the Movement for Democratic Alternative (MADEM-G15) on which platform he won the elections.
He praised President Buhari for his support leading to his emergence as winner in the elections and expressed his appreciation for the warm and friendly disposition of Nigeria towards him and the people of his country.
He informed the Nigerian leader of his selection as the Guest of Honour at the Presidential inauguration coming up next month and for which he received assurances from President Buhari that he will make the best efforts to be present.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
January 5, 2020.
More photos below.
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