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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RUSSIA DETAINS US CITIZEN OK DRUG TRAFFICKING CHARGES.(PHOTO).

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Russia detains US citizen on drug trafficking charges

An American citizen identified as Michael Travis Leake has been arrested and detained by Russian authorities on drug trafficking charges.

According to NBC, Leake, a paratrooper and musician was arrested in Moscow on Saturday.

The US citizen in question has been charged with “illegal production, sale or shipment of narcotic drugs on a large scale,” the state-owned Radio Sputnik reported.

The Moscow courts later confirmed the arrest. It added that the maximum sentence for this crime was 20 years imprisonment.

“We are aware of reports of the recent arrest of a US citizen in Moscow,” a State Department spokesperson told NBC News.

“When a US citizen is detained overseas, the Department pursues consular access as soon as possible and works to provide all appropriate consular assistance.”.

However, he added, “The Department of State has no higher priority than the safety and security of US citizens abroad.”

NBC reported that Leake will remain in custody until August 6.

The US government has said it would continue to mount pressure on Russia to release Wall Street Journal reporter Evan Gershkovich and American businessman Paul Whelan who are currently held.

This spring, State Department formally declared that Gershkovich was being wrongfully detained — an official classification that allows its Office of the Special Presidential Envoy for Hostage Affairs to devote even more resources to secure his release.


 

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