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 APPOINTS ALKALI BABA AS NEW IGP.{PHOTO}.

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President Muhammadu Buhari has approved the appointment of the Deputy Inspector-General, DIG, Usman Alkali Baba as the Acting Inspector-General of Police, IGP.
The Minister of Police Affairs, Maigari Dingyadi, who disclosed this to State House correspondents in Abuja, said that the appointment was with immediate effect.
He said that the issues of professionalism, competence and years of service were considered before the appointment. Recall that President Buhari had on February 4, extended the tenure of IGP Mohammed Adamu for three months. Adamu has spent two months and three days.

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