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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COVID 19: LASCOPA ENGAGES MARKET EXECUTIVES,TRADERS ON PARTIAL CLOSURE WAGE.{PHOTOS}.#PRESS RELEASE.

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    As part of efforts to ensure total compliance with the Lagos State Government's directive on the partial closure of business to control the spread of Coronavirus, the Lagos State Consumer Protection Agency (LASCOPA) has engaged market leaders and traders.
According to the General Manager of the Agency, Mrs. Kemi Olugbode, the engagement became necessary in order to educate traders and consumers on the COVID-19 pandemic while also promoting and protecting consumer-rights to safety.
Speaking further, she said that during the engagement at the Balogun Market, one of the Market leaders who is also the APC Ward B3 Chairman for Lagos Island, Alhaji Babajide Ibrahim, promised that the market executives will ensure proper sensitisation of all traders within the market
He stated that the market leaders will take the enlightenment round the market today so as to ensure that all traders comply with directives on the partial closure of some markets.
The Chairman, Market Parking Board of Lagos Island, Mr. Ibrahim Dawodu, also promised that there will be total compliance with the directives of the State Government, adding that the Market Parking spaces will be under lock and key.
The Iyaloja of Owolowo, Alhaja Idayat Ali, promised that the executive members will work in tandem with the Market Taskforce to ensure all shops and retailers outlets along Nnamdi Azikwe, Agarawu, Olowogbowo and others comply with the directive, adding that any recalcitrant will be severely dealt with.
Also speaking during the advocacy campaign, the Iyaloja of Ojuwoye, Alhaja (Mrs.) Idiat Adebunmi explained that measures already put in place by the market include maintaining social distance, provision of hand gloves, tap- fitted hand-washing buckets and sanitisers.
Recall that Governor Babajide Sanwo-Olu directed that some markets, courts and parks in Lagos State should be shut for seven days starting Thursday, 26th March 2020, as part of efforts to control the spread of COVID-19 in the State.
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