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...

MEDIA PARLEY: OMOTOSO REELS OUT SANWO-OLU'S ACHIEVEMENTS, PLANS FOR Y2025. (PHOTOS). #PRESS RELEASE.


 MEDIA PARLEY: OMOTOSO REELS OUT SANWO-OLU'S ACHIEVEMENTS, PLANS FOR Y2025


Lagos  State Commissioner for Information and Strategy Gbenga Omotoso has assured residents that the dividends of democracy will trickle down to the grassroots as the Sanwo-Olu administration continues to unveil new projects across local governments and local council development areas.


Speaking at a media stakeholders forum held on Thursday in Ikeja, Omotoso noted that the New Massey Street Children’s Hospital project has reached an advanced stage and will be the biggest pediatric facility in West Africa. He projected that the facility will be set for commissioning later this year.


The Commissioner mentioned that other projects in the health sector such as the 280-bed General Hospital in Ojo, the Psychiatric Hospital in Ketu Ejinrin as well as infrastructure upgrades at Ibeju-Lekki and Lagos General Hospitals will also expand resources available to residents for top-notch medical services.


"This year, the vision of the present administration is to build on the gains of Y2024 through the commissioning of projects that would impact positively on communities, especially at the grassroots," Omotoso said.


He called on young entrepreneurs to take advantage of the funding support provided by the Lagos State Employment Trust Fund (LSETF) and other initiatives of the Lagos State Government by applying for loans and grants to boost their trade.


He noted that many startups have become stable and profitable through support from LSETF and other agencies of the Lagos State Government that provide financial support to growing business entities.


Speaking on the benefits derived from tourism,  Omotoso stated that Lagos will continue to explore initiatives in the sector to boost revenues, attract foreign exchange, and position Lagos as a truly competitive global destination.


“This year, we are focused on making significant progress in revitalising cultural, religious, and recreational infrastructure across the State. Therefore, we will sustain efforts to restore the historic Elemoro Palace in Ibeju-Lekki and the Princess Erelu Kuti Tomb, commemorating one of Lagos’ most prominent historical figures”, he said.


While maintaining that more initiatives propelled by the T.H.E.M.E.S Plus Agenda will be unveiled in Y2025, Omotoso gave assurance that the Sanwo-Olu administration will not abandon any ongoing project in Lagos State.


The Commissioner expressed gratitude to media men for the publicity given to the giant strides of the Sanwo-Olu administration, just as he called for more support from community newspapers because they have gained prominence in creating awareness at the grassroots.


"There will be more of such media engagements this year. We appreciate feedback from the media because you stay among the people who rely on you to bring the attention of the government to their needs," Omotoso said.

More photos below. 





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