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...

KANO LG POLLS PEACEFUL-KANSIEC CHAIRMAN. (PHOTO).


 Kano LG polls peaceful – KANSIEC chairman


Prof.Lawal Malumfashi, Chairman of the Kano State Independent Electoral Commission (KANSIEC), has expressed satisfaction with the ongoing local government elections in Kano State.


Malumfashi told newsmen at the commission’s  headquarters on Saturday, citing smooth and orderly operations across all the  44 Local Government Areas without any  political violence.


According to Malumfashi, the commission provided all necessary materials needed for a seamless electoral process.


He said he was  thrilled with the orderly conduct of the exercise across all the  polling units.


KANSIEC had  originally scheduled the elections  for Nov. 30, but was  rescheduled for  Oct. 26 following a Supreme Court ruling affirming local government autonomy.


Malumfashi said that  peaceful election was a welcome development, especially given the importance of local government autonomy.


The chairman said that all efforts put in by the commission  to ensure a smooth election had  paid off, especially  without any major incident across the state.

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