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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SUPREME COURT DECIDES NNAMDI KANU’S FATE TODAY.(PHOTO).

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Supreme Court Decides Kanu’s Fate Today

Supreme Court will on Friday, December 15th deliver its judgement on the appeal seeking to compel the federal government to release the leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, from detention.

The apex court in October fixed the date after counsel for both the federal government and the detained IPOB leader adopted their final briefs of argument.

Chief Mike Ozehkome (SAN), who argued the appeal, prayed the court to not only order the immediate release of his client from detention but to equally award very heavy and punitive costs against the federal government.
In his submission, however, counsel to the federal government, Tijani Gazzali urged the apex court to uphold the amended brief of argument he filed on May 3, 2023.

He prayed the court to allow the federal government’s appeal, set aside the judgement of the Court of Appeal which ordered Kanu’s release, and order the resumption of his trial before the Federal High Court in Abuja on terrorism-related charges.

Gazzali further urged the apex court to dismiss Kanu’s cross-appeal.

On October 13, 2022, the Court of Appeal Abuja delivered a judgement ordering Kanu’s release from detention.
The court ruled that he was abducted, ill-treated, and “illegally moved” from Kenya to Nigeria to face treason and terrorism charges.

The judges dismissed the criminal case but Nigerian prosecutors have appealed and Kanu, who is in his mid-50s, remains in custody.

Kanu, a former London estate agent who also runs the outlawed Radio Biafra station, was first arrested in 2015 but jumped bail two years later, reappearing in the UK and Israel.


 

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