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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SCHOLARSHIP: GOV. ZULUM PAYS 75 BORNO LAW STUDENTS WITH N22.5M.{PHOTO}.#PRESS RELEASE.

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Borno Governor, Professor Babagana Umara Zulum has approved and released N22,500,000 for payment of scholarship to 75 citizens of Borno State in law schools.
Commissioner for Higher Education, Science, Technology and Innovation, Dr. Babagana Mustapha Mallambe who announced this in a statement on Monday,
The Commissioner disclosed that payments to students have already began with each been paid N300,000.
Recalled, Governor Zulum had in January approved the release of N624m been paid to over 23,776 indigens of Borno in 49 tertiary institution across the country.
Also in in January, Governor Zulum approved financial support to resident doctors who are indigens of Borno state found in different parts of Nigeria.
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