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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CCT CHAIR ABUSED HIS OFFICE FALANA DENIES ALLEGED N10M. (PHOTO).

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 CCT chair abused his office Falana denies alleged N10m


HUMAN rights lawyer, Mr. Femi Falana, on Saturday night, called on underfire chairman of the Code of Conduct Tribunal, Danladi Umar, to resign from office.


The senior advocate said Umar’s voluntary exit from the job was long overdue.


In a short statement made to Sunday Tribune, the rights lawyer also noted an unpleasant history with the embattled quasi-judicial officer, recalling instances he had allegedly abused his office.


He said: “Having grossly abused his office, Justice Danladi Umar ought to have resigned his appointment.


“He was once charged with corruption by the Economic Financial Crimes Commission (EFCC).


“He sent text messages threatening to eliminate me. I requested the police to conduct a discreet investigation. The police conducted the allegation and confirmed it.


“While the investigation was in progress, he went to a market in Wuse to fight.”


“Two bar leaders reported him to the Legal Practitioners  Commission.


“The Senate did not remove him but voted to recommend his removal on account of gross misconduct. The action of the Senate was in strict compliance with the provisions of the Convention,” he argued.

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