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...

MUSIC INDUSTRY FULL OF FAKE PEOPLE-REMA. (PHOTO).


 Music industry full of fake people – Rema


Popular Afrobeats singer Rema has claimed the music industry is “fake” and dominated by “fake people.” 

He said this inspiration came from his personal experiences and led to the creation of his song “Now I Know” from his sophomore album “He Is.” 

Rema explained during his listening party that the industry is filled with people who pretend to be something they’re not and it can be challenging to identify genuine supporters. 

He emphasised that when someone shows genuine love and support, it’s essential to appreciate it as it’s rare in the industry. 

Rema said: “There are a lot of fake people in the [music] industry, the industry is fake. So when people come and say ‘Yo, I love this guy,’ nobody should come at them that they’re chasing clout. No, it’s real.

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“When somebody comes out it’s because they’ve seen someone that’s real among everybody in the crazy industry mixed with both the fake and the real. And that’s what this song [‘Now I Know] is all about. Now I know who dey for me. All those I loved turned enemies. Now I know who dey for me. All those I trust turned enemies.”

Rema’s album, released via Mavin Records, features 11 tracks and collaborations with Shallipopi and Odumodublvck.. 

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