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...

SIERRA LEONE COURT SENTENCES SOLDIERS TO LONG JAIL TERMS FOR FAILED COUP. (PHOTO).


 Sierra Leone court sentences soldiers to long jail terms for failed coup


A military court in Sierra Leone has sentenced 24 soldiers to lengthy prison terms for their roles in a failed attempt to overthrow the government of President Julius Maada Bio last November.


The sentences were read out in court late on Friday with the judge handing out prison terms ranging from 50 and 120 years on those convicted, Reuters reported.


They were among 27 men court-martialled for participating in the attempted coup on Nov. 26 that saw gunmen attack military barracks, two prisons and other locations, freeing about 2,200 inmates and killing more than 20 people.


The sentencing follows the jailing in July of 11 civilians, and police and prison officers for their role in the insurrection.


A seven-member military jury found most of the court-martialled soldiers guilty by unanimous verdict after hours of deliberations. The men faced a total of 88 charges including mutiny, murder, aiding the enemy and stealing public or service property.


All but one of those arraigned were rank and file soldiers. A lieutenant colonel was found guilty and received the longest prison term of 120 years.


Before handing out the sentences, Judge Advocate Mark Ngegba – himself a former military officer – said "when we reach this conclusion for sentences it is to send a message of zero tolerance for such an act in the military".


Of the remaining three, one was found not guilty, another sentenced earlier due to pleading guilty, and the third's trial will conclude at a later date.


Family members of the convicts wailed inside the court as the sentences were read out.


The failed attempt followed an election which President Bio narrowly won to secure a second term. His victory was disputed by the main opposition APC party, while some local and international observers also questioned the transparency of the vote.

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