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 RECEIVES MADAGASCAN COVID-19 HERBAL “DRUG” FROM GUINEA BISSAU’S PRESIDENT EMBALO, SAYS “I WILL LISTEN TO SCIENCE”.{PHOTOS}.#PRESS RELEASE.

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    President Muhammadu Buhari Saturday at the State House, Abuja, received the Madagascan native formulation against the Covid-19 pandemic, and reiterated that he will listen to science before allowing traditional or any new medicines to be administered on Nigerians.
At an audience meeting with President Umaro Sissoco Embalo of Guinea Bissau who brought along with him the samples of the traditional medicine as shared to African nations by Madagascar, President Buhari said his position on all such herbal or traditional medicinal postulates had remained the same.
“We have our institutions, systems and processes in the country. Any such formulations should be sent to them for verification. I will not put it to use without the endorsement of our institutions,” said the Nigerian President.
On the main reason for his visit, President Embalo said having stabilized his country after the tussles that attended the general elections won by him, he had come to seek counsel from his “father,” President Buhari on his plan for a “government of national unity” and a proposed war against corruption in his country.He also said that his new government met a country beset with a number of issues and problems, the resolution of which would require tremendous assistance from the “big brother,” Nigeria.
“Problems of Guinea Bissau are problems of Nigeria. I have come to you as your son. I need your help and assistance to make the people happy. I will not let you down, neither will I put you in any difficult situation,” the visiting leader told President Buhari.
In response to these demands, the Nigerian leader commended “General“ Embalo on his confirmation as President and for stabilizing the country. “I commend your political dexterity in getting the opposition to join the proposed unity government,” he said.
President Buhari restated the determination of Nigeria to keep West Africa politically stable and promised to support the new government in Guinea Bissau. “I will cooperate and help in every way possible,” assured the Nigerian President.
President Buhari also used the opportunity of the visit to praise the good work that the President of Niger Republic, Mahamadou Issoufou, who is the current Chairman of the Economic Community of West African States (ECOWAS) is doing in the sub-region, and commended him for keeping him informed of all that is happening around.Garba Shehu

Senior Special Assistant to the President
(Media & Publicity)
May 16, 2020.
One more photo below.
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