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...

COURT ADJOURNS NAIRA MARLEY'S TRIAL TILL FEB. 16.[PHOTO].#PRESS RELEASE.

 Court Adjourns Naira Marley’s Trial Till Feb.16


Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos has adjourned the trial of Azeez Fashola, also known as Naira Marley, till February 16, 2022. Marley is being prosecuted by the Economic and Financial Crimes Commission, EFCC, on an 11-count charge bordering on conspiracy and credit card fraud. He pleaded "not guilty" to the charges when he was arraigned on May 20, 2019.


At the last sitting on October 27, 2021, Augustine Anosike, a forensic analyst testifying as the second prosecution witness, had concluded his examination-in-chief. The court subsequently adjourned till November 30, 2021 for cross-examination.

At today's proceeding, however, the prosecuting counsel, Rotimi Oyedepo, told the court that the witness was absent in court on "compassionate grounds”.

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