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 SENDS CONGRATULATORY MESSAGE TO PRESIDENT BIDEN ON U.S. INDEPENDENCE DAY .{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari joins President Joe R. Biden Jr, the Government and people of the United States as they commemorate this special day, July 4th as the 245th Independence Day and the annual celebration of nationhood.


President Buhari notes with delight how the Biden administration is working earnestly to overcome some of the country’s greatest challenges that include racism and especially the Coronavirus epidemic that has inflicted on the United States, a quarter of the global fatalities.


The President is keenly watching with great interest as the Biden administration makes progress in their efforts to improve U.S.-Africa ties and interactions for the betterment of the continent.

President Buhari expresses confidence that given the shared values of democracy, rule of law and inclusive prosperity, the strategic partnership and engagements between Nigeria and the United States would continue to grow for the mutual benefits of our two countries and our peoples. 

 

Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

July 4, 2021

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