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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AMERICAN PROSTITUTE,BAGS 12MONTHS IMPRISONMENT OVER N57.8M FRAUD IN ILORIN. (PHOTO).#PRESS RELEASE.

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“American Prostitute” Bags 12months Imprisonment over N57.8m Fraud in Ilorin

Justice Mahmud Abdulgafar of the Kwara State High Court sitting in Ilorin on Friday, February 4, 2022 convicted and sentenced 20-year-old Oyelowo Mayowa Fawas from Atiba Local Government Area of Oyo State to 12months imprisonment for offences bordering on cybercrime and possession of fraudulent funds.
The defendant was prosecuted on two counts by the Ilorin Zonal Command of the EFCC.
Oyelowo, among others things, disguised as ‘a white female professional prostitute’, practicing in the United States of America, to swindle his unsuspecting victims of various sums before the long arm of the law caught up with him. 

 

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