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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SOUTH AFRICA POLICE SEIZE DRUGS WORTH OVER N19M FROM TWO FLEEING NIGERIAN NATIONALS FOUND HIDING IN NEIGHBOUR'S CEILING.(PHOTO).

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The Vereeniging Magistrate’s Court in Pretoria, South Africa, on Monday, March 14, remanded two Nigerian men in custody after they were arrested for allegedly dealing in narcotics.

The accused, Amandi Henry Ogbuonye,39, and Amobi Christian Eze, 30, were arrested after law enforcement agencies were alerted to suspected illegal drug dealings at a residential dwelling in the Vereeniging area.

A search and seize warrant was issued for the police operation, Gauteng spokesperson for the Hawks, Captain Ndivhuwo Mulamu, said in a statement.

"On Friday 11 March 2022, the investigation team kept surveillance at a positively identified premises and pounced on the accused allegedly packaging drugs in small plastic packets for distribution,” said Mulamu.

The accused fled the scene on foot, abandoning some of the suspected drugs on the premises.

A chase ensued, and authorities found both Ogbuonye and Eze hiding at their neighbour’s ceiling, in possession of more drugs.

They were immediately apprehended and charged with illegal dealing in drugs and possession of drugs,” said Mulamu.

Amongst other seized items, the investigation team confiscated a silver Chevrolet, electronic gadgets and narcotics worth approximately R700 000.

The two were remanded in custody when they appeared before the Vereeniging Magistrate’s Court, pending further investigations.

The duo will return to court on March 23.

 

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