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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FG RENAMES WOMEN CENTRE AFTER LATE MARYAM BABANGIDA. (PHOTO).

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FG renames Women Centre after late Maryam Babangida


The Federal Government has immortalised the late Mrs Maryam Babangida by renaming the National Centre for Women Development (NCWD) after her.


This is in recognition of the impacts of her projects on women, especially those in rural areas.


Mrs Monilola Udoh, the Permanent Secretary, Federal Ministry of Women Affairs, disclosed this on Tuesday while addressing newsmen in Abuja.


Udoh said that the bill for the change of name was passed by the Senate on March 29, 2023, while the House of Representatives passed the same on April 5, 2023.


According to her, the renaming is in line with the amendment of the National Centre for Women Development Act, Cap. N15, Laws of the Federation of Nigeria, 2004, to enhance the functions of the centre.


She said: “The government under the last administration of President Muhammadu Buhari, approved the bill by assenting to it in May 2023.


“By this information, we want our esteemed partners, the general public and indeed the media personnel to take note of the changes and help publicise it to the nooks and crannies of Nigeria and even beyond.”


Asabe Vilita-Bashir, the Director-General of the centre, noted the huge contribution of the late first lady, especially her “Better life for Rural Women” project, which impacted the lives of women nationwide.

 

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