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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FEMALE UNDERGRADUATE,TWO OTHERS BAG SEVEN YEAR JAIL TERMS IN ENUGU.{PHOTOS}.

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      The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office on Tuesday, February 24, 2020 secured the convictions of three undergraduates, namely: Cynthia Nwankwo Ifunanya (female), 22 years, Kingsley Omenazu 27 and Okorie Kosalachi Alex 29 years before Justice I Buba of Federal High Court, Enugu, Enugu State on two separate count charges of internet fraud.
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Justice Buba after reviewing the evidence against the convicts admitted that the prosecution counsel, Eunice Vou Dalyop has proved her case beyond reasonable doubt and convicted and sentenced Alex to three years imprisonment, while Ifunanya and Omenazu were handed two years imprisonment respectively. The threesome was, however, given N2 million (Two Million Naira) option of fine each.
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Justice Buba, further ruled that all the items recovered from the convicts by the EFCC should be forfeited to the Federal Government of Nigeria. The convicts including the lady were arrested by the EFCC at Airport View Estate Thinkers Corner, Enugu State following several calls by the residents to the increasing fraudulent activities of the convicts in the area.More photos below.
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