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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NIGERIA ABSENT,AS AFRICAN LEADERS HEAD TO KYIV, MOSCOW ON MISSION.(PHOTO).

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A group of African leaders trying to broker peace in the war in Ukraine will launch their mission to Moscow and Kyiv next month, a senior South African government official said Wednesday.

However, no leader from Nigeria was mentioned among the emissaries that would be meeting the parties in the Ukraine-Russia war.

President Cyril Ramaphosa announced Tuesday that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky have “agreed to receive” African heads of state in Moscow and Kyiv.

Leaders of Zambia, Senegal, the Republic of Congo, Uganda, Egypt and South Africa, will lead the initiative which has been welcomed by the UN.

" The dates must be confirmed,” Zane Dangor, the director-general in South Africa’s Foreign Affairs ministry, told lawmakers.

“But it will be early in June where the six heads of state will be shuttling between the two capitals to engage in the facilitating of peace talks or at least get towards a ceasefire.”

“We have also engaged with other actors including the US. There is general support for this initiative,” he said.

South Africa, which has close ties to the Kremlin since the anti-apartheid struggle years, has refused to condemn Russia’s invasion of Ukraine, saying it is “neutral” and prefers dialogue.

The peace plan bid could help Pretoria spruce up its image as a neutral player and mediator, following accusations that it has drifted towards Russia.

The announcement came a day after it emerged that South Africa’s ground forces commander was in Moscow to discuss military cooperation.


It was also made days after the US envoy to Pretoria accused South Africa of shipping weapons and ammunition to Russia in December.


South Africa held controversial joint military drills with Russia and China early this year.


It is due to host a summit of BRICS (Brazil, Russia, India, China and South Africa) countries in August to which Putin has been invited.


 

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