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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'IT'S PARIS DISASTER, ' SPORTS MINISTER LAMENTS TEAM NIGERIA'S OLYMPICS PERFORMANCE. (PHOTO).

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 ‘It’s Paris disaster,’ sports minister laments Team Nigeria’s Olympics performance. 


The Minister of Sports Development, Senator John Enoh, has described Team Nigeria’s performance in the ongoing 2024 Olympics in Paris as “disappointing.”


The minister made this known in a statement on X.com on Saturday..


According to Enoh, Team Nigeria’s failure to secure any medal at all “is a product of very many other things that need immediate attention.”


He revealed that not only would he ensure that such does not repeat itself, but that in the forthcoming sports federation elections, he would ensure that the most appropriate candidates are voted in..

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