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 CONGRATULATES BIDEN, SAYS NIGERIA LOOKS FORWARD TO GREATER COOPERATION WITH THE US.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has congratulated former Vice President Joe Biden on his election as new President of the United States "at a time of uncertainty and fear in world affairs."
The Nigerian leader said "your election is a significant reminder that democracy is the best form of government because it offers the people the opportunity to change their government by peaceful means."
According to President Buhari, "the most powerful group are not the politicians, but voters who can decide the fate of the politicians at the polling booth."
He noted that "the main fascination of democracy is the freedom of choice and the supremacy of the will of the people."
The President added that "respect for the will of the people is the very reason why democracy remains the best form of government, despite its limitations from one polity to another, and from one society to another."
According to him, "I am thrilled by the fact that you are an experienced politician who had served as Congressman for 40 years and a Vice President for eight years. This is a remarkable track record that gives us hope that you will add value to the presidency and world affairs."
President Buhari also noted that, "with your election, we look forward to greater cooperation between Nigeria and the United States, especially at economic, diplomatic and political levels, including the war against terrorism."
On international affairs, President Buhari urged Mr. Biden to "deploy your vast experience in tackling the negative consequences of nationalist politics on world affairs which have created divisions, conflicts and uncertainties."
The Nigerian leader also called on Mr. Biden "to introduce greater engagement with Africa on the basis of reciprocal respects and shared interests."
Garba Shehu
Senior Special Assistant to the President

(Media & Publicity)
November 7, 2020.

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