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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N700M LOOT: EFCC TENDERS EVIDENCE AGAINST FORMER KADUNA GOV.,YERO.{PHOTO}.#PRESS RELEASE.

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The trial of a former governor of Kaduna State, Muktar Ramalan Yero, before Justice Z. B. Abubakar of the Federal High Court sitting in Kaduna continued on Tuesday, February 23, 2021 with the tendering of evidence by the first prosecution witness (PW1), Jonah Abimaje.
Yero is being prosecuted by the Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC, over his alleged involvement in the ‘sharing’ of N700million provided by former Minister of Petroleum Resources, Diezani Alison-Madueke to influence the outcome of the 2015 presidential election.
Abimaje, who was Head of Operations at Ahmadu Bello Branch Kaduna, and acting regional Head of Operations, Ali Akilu Branch of a new generation bank in 2015, had during his testimony at the last sitting (January 21, 2021) narrated how monies received by the bank from the Central Bank of Nigeria was collected by the defendants.
The witness testified to the effect that, the said sum was paid to the 2nd and 4th defendants in cash, to which they signed a 'collection form' individually as evidence of collection.
At the resumed sitting today, Abimaje, while being led in evidence by counsel to the EFCC, Nasiru Salele, tendered two receipts of cash collected by the defendants.
The admissibility of the documents was strongly objected to by the defence who argued that the documents were not properly certified and that such document ought to be tendered through an officer of the Commission and not through a private witness from the bank.
In response, Salele argued that the documents were properly certified by the bank adding that, the originals of the documents in question were still in the custody of the bank. He urged the court to admit the documents in evidence.
After arguments and counter arguments by counsel, Justice Abubakar adjourned till March 25, 2021 for ruling and continuation of hearing.
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