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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APPEAL COURT AFFIRMS BENUE GOVERNOR’S VICTORY.(PHOTO).

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Appeal Court affirms Benue Governor’s victory

The Court of Appeal, sitting in Abuja, on Monday, Nov. 20, affirmed the election of Hyacinth Alia as governor of Benue State while dismissing the appeal by the Peoples Democratic Party, PDP, and its candidate in the last governorship election, Titus Uba. 

The candidate of the Peoples Democratic Party in the March 18 governorship election, Titus Uba had approached the appellate court to set aside the judgment of the tribunal which upheld Alia’s election. 

At the tribunal, Uba among other things alleged that Alia’s deputy, Samuel Ode, presented a forged certificate to the Independent National Electoral Commission contrary to Section 182(1)(j) of the Federal Republic of Nigeria, 1999 (as amended). 

He also claimed that Alia’s name was submitted less than 180 days before the election date, and Ode was also not submitted to INEC after the party conducted a further re-run primary election. 

Alia contested on the platform of the All Progressives Congress, APC, as the winner of the governorship election held on March 18. 

A three-member panel of the tribunal, headed by Justice Ibrahim Karaye, dismissed the petition on the ground that it was a pre-election matter and was statute-barred. 

Ruling on the appeal on Monday, the appeal court’s three-member panel led by Justice Onyekachi Aja Otisi held that the Uba failed to prove beyond reasonable doubt the allegations of forgery against Ode.

 

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