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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BET9JA WOES: COURT CONVICTS MOTHER, SON FOR FALSE INFORMATION. (PHOTOS).#PRESS RELEASE.

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Bet9ja Woes: Court Convicts Mother, Son for False Information

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC has secured a conviction of one Oluwayemisi Samuel and her Son, Joshua Samuel, before Justice A.A Bello of the Kaduna State High Court on separate one count charge each bordering on false information.

Oluwayemisi and Joshua squandered the sum of N5,600,000 on sport betting  and caused a false petition to be sent to the EFCC, alleging that the money was fraudulently withdrawn from their Opay account to a sport betting account without their authorisation by an unknown individual.

They pleaded guilty to the charges. In view of their pleas, prosecution counsel N. Salele urged the court to convict them accordingly.

Justice Bello however convicted and sentenced both defendants to 7 years imprisonment each with an option of N 150,000 fine.

More photos below. 


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