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...

NIGERIA,SAUDI ARABIA SEEK PARTNERSHIP ON DUG WAR.[PHOTOS].#PRESS RELEASE.



Nigeria, Saudi Arabia seek partnership on drug war


Nigerias National Drug Law Enforcement Agency, NDLEA and Saudi Arabias General Directorate Of Narcotics Control (GDNC) have agreed to strengthen their partnership on the fight against trafficking of illicit drugs between the two countries.


This was the highpoint of discussions between the Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) and representative of GDNC, Colonel Naser Hajid Al Otaibi, in Abuja on Monday 16th August and Tuesday 17th August, 2021.


While welcoming the Saudi official, Gen. Marwa expressed appreciation for the support received from the Saudi authourities in the past. He said considering the need for an enduring partnership, we propose a Memorandum of Understanding (MoU) on cooperation between the two agencies in combating trafficking in narcotic drugs, psychotropic substances and its precursors to GDNC for consideration and signing just like we recently did with Drug Law Enforcement Agency, in the Gambia.


He said Nigeria takes the war against drug abuse and trafficking very seriously and that explains why President Muhammadu Buhari has been giving all the needed support to the NDLEA to actualise its mandate and mission.

The NDLEA boss asked the Saudi government for support especially in the areas of technical assistance and donation of equipment such as scanners, forensic laboratory and rehabilitation centres.


Speaking earlier, the GDNC representative extended an open invitation to Gen. Marwa to visit the Kingdom of Saudi Arabia so as to deepen discussions on various aspects of effective collaboration between the NDLEA and the GDNC, an invitation the NDLEA Chairman accepted with the hope that such will provide the opportunity to sign the MoU on the partnership between the two anti-narcotic agencies. 


Femi Babafemi

Director, Media & Advocacy

NDLEA Headquarters, Abuja

Wednesday 18th August, 2021.

One more photo below.

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