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...

GERMAN POLITICS AT A CROSSROADS: FAR-RIGHT VICTORY PROMPTS URGENT CALLS TO DEFEND DEMOCRACY. (PHOTO).

 


German Politics at a Crossroads: Far-Right Victory Prompts Urgent Calls to Defend Democracy


German Chancellor Olaf Scholz has issued a strong warning to mainstream political parties, urging them not to collaborate with the far-right Alternative for Germany (AfD) party following its significant victory in the eastern state of Thuringia. The AfD's win in Thuringia marks the first time a far-right party has won a state parliament election in Germany since World War Two, raising concerns about the growing influence of right-wing extremism in the country. Scholz described the election results as "bitter" and "worrying," and called on all democratic parties to maintain a "firewall" against the AfD to prevent them from governing.


The AfD also performed strongly in the neighboring state of Saxony, where it narrowly missed winning the state election. Despite the party's success, Scholz emphasized that democratic values must be upheld, and he urged other political parties to form stable governments without the involvement of right-wing extremists. "All democratic parties are now called upon to form stable governments without right-wing extremists," Scholz stated, reinforcing his stance against any potential collaboration with the AfD.


In response to Scholz's remarks, AfD co-leader Alice Weidel criticized the chancellor's call for a firewall, arguing that it undermines the democratic process. "Firewalls are undemocratic," Weidel said, asserting that the voters in Thuringia and Saxony had given the AfD a "very clear mandate to govern." However, without support from other parties, the AfD faces significant obstacles to governing in Thuringia, as the second-largest party, the conservative CDU, has already ruled out any coalition with the far-right party.

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