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 TO DEPART NIGERIA TOMORROW TO ATTEND ECOWAS SUMMIT IN NIGER REPUBLIC; COVID-19, ECONOMY, SECURITY AND DEMOCRACY TOP AGENDA.{PHOTO}.#PRESS RELEASE.

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 Buhari To Spend 15 Days In London For Private Visit After Restricting Ministers' Foreign Trips | Sahara Reporters

      President Muhammadu Buhari will depart Abuja Monday for Niamey, Niger Republic to participate in the Fifty-Seventh Ordinary Session of the ECOWAS Authority of Heads of State and Government.

The one-day summit will deliberate on the Special Report on COVID-19 to be presented by President Buhari who was appointed the ECOWAS Champion on the Fight against COVID-19 during the Extraordinary Virtual Summit of ECOWAS on April 23, 2020.
As a Champion, the Nigerian leader was expected to coordinate the sub-regional response against the pandemic. In furtherance of that objective, under the supervision of the Champion, Nigerian Ministers of Health, Aviation and Finance were appointed Chairpersons of the Ministerial Coordination Committees on Health; Transport, Logistics and Trade; and Finance respectively.
The Summit will also receive a Special Report on the ECOWAS Single Currency Programme to be presented by President Julius Maada Bio of Sierra Leone and Chair of the Authority of Heads of State and Government of the West African Monetary Zone (WAMZ), and President Alassane Ouattara, who is Chair of the West African Economic Monetary Union (WAEMU/UEMOA).
The President of the ECOWAS Commission, Jean Claude Kassi Brou will present to the West African leaders, the 2020 Interim Report on activities of the sub-regional body including ECOWAS Vision 2050.
The alarming rise in incidents of terrorism, insurgency, armed banditry and piracy will also come under focus, while the disruption of the democratic process by the military in Mali, will receive further attention.
Similarly, in Burkina Faso, Cote d’Ivoire, Ghana, Guinea and Niger where parliamentary and presidential elections are scheduled for this year, the imperative to strengthen democracy in the sub-region by respecting constitutional provisions, rule of law and outcomes of free and fair polls, will be emphasised.
President Buhari, who will be accompanied to the Summit by ministers and other top government officials, will return to Abuja after the meeting.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
September 6, 2020.
Buhari To Spend 15 Days In London For Private Visit After Restricting Ministers' Foreign Trips | Sahara Reporters

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