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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ROMANCE SCAM: COURT CONVICTS YAHOO BOYS FOR IMPERSONATING US AIR FORCE OFFICER. (PHOTO).

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Romance Scam: Court Convicts Yahoo Boys for impersonating US Air Force Officer

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC has secured the conviction of one AbdulBasit Abdullahi Yahaya before Justice A.A Bello of the Kaduna state High Court on a one count charge bordering on cybercrimes. 

AbdulBasit who was arrested at Yoruba Road, Karji, Kaduna State, allegedly created two fictitious accounts on Instagram with the names of CamilaCosta6498 and Valentinardiaz266, which he used in defrauding victims whilst representing himself as United States Air Force officer.

He pleaded guilty to the charge. Consequently, Justice Bello convicted and sentenced him to two years imprisonment with the option of N 100,000 fine. He was ordered to forfeit his Samsung S7 phone which he used to commit the offence to the Federal Government of Nigeria.




 

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