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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PRES. TINUBU MOURNS PROMINENT CORPORATE LAWYER, CHRIS OGUNBANJO.(PHOTO).#PRESS RELEASE

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 STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU MOURNS PROMINENT CORPORATE LAWYER, CHRIS OGUNBANJO



President Bola Tinubu has expressed his condolences to the Ogunbanjo family and the entire Ijebu-Ode community on the passing of their patriarch and elder statesman, Dr. Christopher Oladipo Ogunbanjo, OFR, OON, who made landmark contributions as one of Nigeria's most celebrated corporate lawyers.


The President joins the family members, colleagues, friends, and well-wishers of the late legal luminary in mourning the loss of a distinguished figure in Nigeria's legal and business communities, whose multifaceted roles as an industrialist, corporate lawyer and philanthropist had left indelible impressions in these important fields as he empowered and mentored numerous professionals from Nigeria and beyond.


As an honoured recipient of several prestigious chieftaincy titles, such as the Olotu of Ijebuland, Larinja of Egbaland, Gbadero of Lagos, Lerinja of Egbaland, Baba Oba of Ijebu Imusin, and Baba Oba of Erunwon Ijebu, the President paid tribute to Pa Ogunbanjo for consistently dedicating himself to championing causes close to his heart, including grassroots community development and advocacy for peaceful co-existence between Nigerians from diverse backgrounds. 


President Tinubu urges all who are mourning this elder statesman, whose life was characterized by an exceptional commitment to philanthropy and the betterment of the country, to reflect on the extensive contributions he had made to the progress of humanity and to carry forward the ideals he lived for. 


"Chief Chris Ogunbanjo will be remembered for his extraordinary life of service to his community and the promotion of best business practices as a corporate lawyer of untarnished repute. His contributions to the economic development of Nigeria and commercial law practice in our country will endure," President Tinubu said.


The President prays for the peaceful repose of Pa Ogunbanjo's soul and divine comfort to his family and loved ones over this irreparable loss.   


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


October 8, 2023

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