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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EMIRATES RESUMES DUBAI-LAGOS FLIGHTS AFTER TWO YEARS. (PHOTO).

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 Emirates Resumes Dubai-Lagos Flights After Two Years


Emirates Airlines has resumed its Dubai-Lagos daily flights after a two-year hiatus. 


The flag carrier of the United Arab Emirates (UAE) resumed flight operations to Nigeria on Tuesday, October 1, 2024.


The airline’s flight landed at the Murtala Muhammad International Airport (MMIA) in Lagos on Tuesday afternoon as Nigerians celebrate 64 years of independence from British colonial rule.


The over eight-hour flight touched down at the airport at 3:32 pm, according to air traffic controllers.


Emirates Airlines suspended its Dubai-Lagos flights in November 2022 over its inability to repatriate trapped funds in Nigeria in the heat of the diplomatic fireworks between the two countries.


Nigeria and the UAE have a long history of restriction of flights between both countries based on certain unresolved issues surrounding the Bilateral Air Services Agreement (BASA). Visa restrictions later surfaced as diplomatic fireworks continued between Nigeria and the UAE, which is a top destination for Nigerian migrants and tourists.

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