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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COURT REMANDS MEDICAL DOCTOR FOR N8.5M FRAUD. (PHOTO).#PRESS RELEASE

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Court Remands Medical Doctor for N8.5m Fraud

Justice P. Ayua of the Federal High Court sitting in Port Harcourt, Rivers State has remand a Medical Doctor, Okeogene Rawlings Godwin in the Port Harcourt Correctional Service for obtaining money by false pretence contrary Section 1 (1) (a) and punishable under section 1 (3) of the Advance Fee Fraud and Other Fraud Related offences Act.

He was remanded after pleading "not guilty" to a five count charge preferred against him and his Company, Rhurrs Limited, upon being arraigned by the Economic and Financial Crimes Commission EFCC, Port Harcourt Zonal Command on Monday November 21, 2022. 



 

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