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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NIGER REPUBLIC RECEIVES TRUCKS OF FOOD, ESSENTIALS FROM BURKINA FASO.(PHOTO).

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Niger Republic Receives Trucks Of Food, Essentials From Burkina Faso

Around 300 trucks of food and other materials crossed into Niger from Burkina Faso with many arriving in the capital, Niamey Sunday, according to a regional customs official.

The convoy of trucks departed from Burkina Faso, the last open border with Niger since the West African regional bloc imposed sanctions after mutinous soldiers overthrew the country’s president last month.

But the route between Burkina Faso and Niger is lined with jihadi groups, making it dangerous to drive and requiring military escorts from both armies.

Niger’s coup was seen by the international community and ECOWAS as one too many and in addition to threatening a military invasion, the bloc has imposed severe economic and travel sanctions.

In the first six months of 2023, attacks on civilians were 49% lower than in the first six months of 2022, and the number of deaths 16% lower, according to the NGO Acled, which records the victims of conflicts around the world.

Western observers and partners, notably France, a privileged ally of the ousted regime which still has 1,500 troops in Niger, have highlighted these encouraging results.

This improvement is partly attributed to the strategy implemented by Mr Bazoum, the only one of its kind in the Sahel, to combat jihadist groups.

While the military regimes in neighbouring Mali and Burkina Faso are carrying out “anti-terrorist” operations that are accused of taking a heavy toll on civilian populations, Niger has opted for a policy of “extending a helping hand”.


 

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