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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OBASEKI/SHAIBU RIFT: DEPUTY GOV'S OFFICE MOVED OUT OF GOVT HOUSE.(PHOTO).

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Obaseki/Shaibu rift: Deputy Gov’s Office moved out of Govt House

The saga between the Edo Governor Godwin Obaseki and his Deputy, Philip Shaibu has deepened with the office of the Deputy Governor moved to a facility outside the Government House.

It was gathered that the new office is located at no 7, Dennis Osadebey Avenue, close to the Government House.

The new office used to be the State Public Procurement Office commissioned by former Governor, Sen. Adams Oshiomhole, on December 16, 2014.

It is observed that there’s sign board at the entrance of the building with the inscription, “Office of The Deputy Governor”.

When contacted, Commissioner for Communication and Orientation, Chris Nehikhare, said:“If there is a government sign board saying so, then it must be so.

The battle for succession has pitched the Deputy Governor against Obaseki.

Shaibu, who hails from Edo North, intends to succeed Obaseki, an indigene of Benin in Edo South senatorial district but the Governor is pushing for a successor from Esanland in Edo Central senatorial district.

It was reported that Shaibu staged a walkout after his assistants were ejected from a government event last week. 

The incident happened barely 24 hours after a Department of State Services (DSS) operative denied Shaibu access to Governor Godwin Obaseki on Sunday during a church service.

 

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