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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FIRE GUTS ALABA INTERNATIONAL MARKET. (VIDEO/PHOTO).

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Millions Lost As Fire Guts Alaba International Market



May 5, 2023


Traders are currently counting their losses as goods worth millions of naira were Thursday, burnt as the electronics section of the Alaba International Market, Ojo, Lagos State, was gutted by fire.


Information revealed that some of the traders are making personal efforts to put out the raging inferno.


It is still unclear what led to the fire outbreak, but there are reports that the fire started following a gas cylinder explosion in one of the shops in the market.


Confirming the incident, the Lagos State Fire and Rescue Service said that upon getting report of the fire emergency, deployed Fire Crew from Ojo, Sari-Iganmu and Ajegunle, but angry mobs are preventing them from doing their job.


“Report reaching Lagos State Fire and Rescue Service indicates shops at the popular Alaba International Market, Ojo, Lagos are on Fire. However, Fire Crew from Ojo, Sari-Iganmu and Ajegunle are being turned back by angry mobs from performing their statutory duty but fire fighting trucks are presently on standby.


“The agency is consequently collaborating wth Security Agents to address it,” a statement by the Director of the agency, Margaret Adeseye said.

Watch video below. 

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