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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FAKE AMERICA REAL ESTATE MANAGER,ONE OTHER JAILED FOR LOVE SCAM INN ILORIN. (PHOTO).#PRESS RELEASE.

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Fake America Real Estate Manager, One Other Jailed for Love Scam in Ilorin

Justice Adenike Akinpelu of the Kwara State High Court sitting in Ilorin on Tuesday, March 8, 2022 convicted and sentenced two persons to six months imprisonment each for offences bordering on internet related fraud.

The convicts were prosecuted on one count separate charge by the Ilorin Zonal Command of the EFCC.

They are Kamaldeen Yusuf, a self-styled Real Estate Manager based in United States of America and one Sulyman Ridwan Omotosho from Ilorin West Local Government Area of Kwara State

The duo of Kamaldeen and Sulyman were among the thirty suspected internet fraudsters arrested in Malete, Moro Local Government Area of Kwara State on September 19, 2021 by the operatives of the EFCC during a sting operation, following intelligence reports received by the Commission.

Upon arraignment, the defendants pleaded guilty to their respective charge. 



 

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