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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RIVERS EX-NBA CHAIRMAN NYEKWERE DISGRACED IN COURT,AFTER FAILED ATTEMPT TO FORCEFULLY REPRESENT LP,BEATRICE ITUBO.(PHOTO).

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Rivers Ex-NBA Chairman Nyekwere Disgraced In Court, After Failed Attempt To Forcefully Represent LP, Beatrice Itubo

The Rivers State Governorship Election Tribunal sitting in Abuja has summarily dismissed the attempt of a former Chairman of the Nigerian Bar Association, Port Harcourt, Mr. Prince Nyekwere to reap where he did not sow by his attempt to take over the representation of Labour Party by Dr. C. A. J. Chinwo and his team of lawyers representing Labour Party and its Governorship candidate in March 18 election, Chief (Mrs.) Beatrice Itubo.

The tribunal noted that it is Dr. Chinwo and his team that filed all the processes in the proceedings and wondered how Mr. Nyekwere intended to take over the petition when the Labour Party had reaffirmed Dr. Chinwo as its counsel. It will be recalled that Mr. Nyekwere claimed to be briefed by the suspended Legal Adviser of Labour Party, Mr. Akingbade Oyelekan, who by the Constitution of Labour Party has no power to appoint external counsel for the Party.

Mr. Nyekwere is the 4th lawyer from Rivers State who had been asked by the different tribunals not to reap where they did not show.

 

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