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...

TRUMP PICKS FORMER WWE EXECUTIVE LINDA MCMAHON FOR EDUCATION SECRETARY. (PHOTO).


 Trump picks former WWE executive Linda McMahon for education secretary


Linda McMahon, co-chair of Donald Trump’s transition team, has been named as the president-elect’s pick for education secretary in his upcoming administration.

In a statement, Trump extolled the “incredible” job McMahon, the billionaire co-founder of World Wrestling Entertainment (WWE), has been doing as transition team co-chair and said: “As Secretary of Education, Linda will fight tirelessly to expand ‘Choice’ to every State in America, and empower parents to make the best Education decisions for their families. … We will send Education BACK TO THE STATES, and Linda will spearhead that effort.”

McMahon was made transition team chair in August, after having donated $814,600 to Trump’s 2024 campaign as of July. She served in Trump’s cabinet in his first administration as the administrator of the Small Business Administration from 2017 to 2019. McMahon chaired America First Action, a super PAC that backed Trump’s reelection campaign, where she raised $83m in 2020. She provided $6 million to help Trump’s candidacy after he secured the Republican presidential nomination in 2016, according to the Associated Press.

McMahon is the former chief executive of WWE, which she co-founded with her husband, Vince McMahon.

In October, McMahon was named in a new lawsuit involving WWE. The suit alleges that she and other leaders of the company allowed the sexual abuse of young boys at the hands of a ringside announcer, former WWE ring crew chief Melvin Phillips Jr. The complaint specifically alleges that the McMahons knew about the abuse and failed to stop it.

An attorney for the McMahons told USA Today Sports that the allegations are “false claims” stemming from reporting that the couple deems “absurd, defamatory and utterly meritless”.


McMahon stepped down from her position as WWE’s chief executive to enter politics. She ran twice for a US Senate seat in Connecticut, but lost in 2010 to Richard Blumenthal and in 2012 to Chris Murphy.

Since 2021, McMahon has been the chair of Washington DC-based thinktank America First Policy Institute’s board and chair of its Center for the American Worker.


McMahon is seen as a relative unknown in education circles, though she has expressed support for charter schools and school choice.


She served on the Connecticut Board of Education for a year starting in 2009. She told lawmakers at the time that she had a lifelong interest in education and once planned to become a teacher, a goal that fell aside after her marriage. She also spent years on the board of trustees for Sacred Heart University in Connecticut.


McMahon’s co-chair on the transition team and billionaire founder of the financial firm Cantor Fitzgerald, Howard Lutnick, was named as Trump’s pick for commerce secretary.

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