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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AIR PEACE DENIES PLAN TO HIKE AIRFARE. (PHOTO).

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 Air Peace denies plan to hike airfare


One of the major airlines in the country, Air Peace, has denied plans to increase its one-way flight fare from Lagos to Abuja to N200,000.

A post recently went viral indicating that Air Peace’s one-way flight would now cost N200,000 from November 1, 2024.

The post claimed that the one-way flight fare on the airline would increase from N114,000 to N200,000 starting next month.

However, in a statement released on Saturday, the airline said the post suggesting a 100% fare increase, featuring an image of Chairman Mr Allen Onyema, is false and did not originate from the airline.

It added that its management has not released any official statement regarding a fare increase as claimed in the post.

The statement read, “We would like to categorically state that this information is false and did not originate from Air Peace.

“We have not released any official statement regarding a fare increase as described, and any announcements regarding our pricing would only be made through our verified channels. We encourage our valued customers and clients to rely exclusively on these platforms for accurate updates and information on fares.”

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