Business
CBN refutes introducing new N5,000, N10,000 Banknotes
The Central Bank of Nigeria (CBN) has dismissed reports suggesting that it has introduced ₦5,000 and ₦10,000 notes, labeling them as false and misleading.
The speculation, which gained traction across social media, claimed that the apex bank was launching the higher-denomination notes to improve cash transactions and liquidity management.
Some reports even cited a supposed Deputy Governor, Dr. Ibrahim Tahir Jr., as confirming the rollout from May 1, 2025.
However, the CBN has firmly denied these claims. In a statement, the bank clarified:
“This content is NOT from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.”
The bank urged the public to disregard such misinformation and rely only on official sources for updates regarding its policies and currency-related decisions.
Cross River will support homegrown businesses, innovators – Acting Governor
Rivers State Sole Administrator unveils 2025 Budget plans, emphasizes Healthcare, Education, others
Edo Tribunal Verdict: Oba of Benin congratulates Gov Okpebholo
ICPC warns LG Officials over corruption as Fiscal Autonomy takes effect
Myanmar Earthquake death toll hits 3,085 as aid efforts intensify
Why Natasha Akpoti-Uduaghan’s recall bid failed – INEC
Dabiri-Erewa: Tinubu’s reforms will benefit Nigerians abroad
FG to implement recommendations for National Healthcare Facility Regulatory Agency
Wike dismisses health scare, says collapse rumor was politically motivated
Rivers State Administrator cancels all 2025 Procurement Processes, orders refunds
NUJ Lagos applauds Oyetunde on appointment as Organising committee chair for 70th Anniversary
Saka’s Comeback secures Arsenal’s victory over Fulham
Ahmadu Musa Kida: From Basketball court to NNPCL boardroom
President Tinubu embarks on working visit to Paris
LOC Promises smooth and secure Niger Delta games
Mele Kyari: A Visionary leader who transformed Nigeria’s Oil and Gas Industry
Jose Mourinho accused Of nose grabbing Galatasaray boss Okan Buruk (Photos)
BREAKING: Edo Tribunal affirms Okpebholo’s Election, dismisses PDP’s Petition
Uromi Killings: DSP Barau Jibrin donates N16M to families of North Hunters
UK confirmed as host for 2035 Women’s World Cup
-
National News2 days agoNUJ Lagos applauds Oyetunde on appointment as Organising committee chair for 70th Anniversary
-
Sports2 days agoSaka’s Comeback secures Arsenal’s victory over Fulham
-
Feature1 day agoAhmadu Musa Kida: From Basketball court to NNPCL boardroom
-
National News1 day agoPresident Tinubu embarks on working visit to Paris
-
Sports2 days agoLOC Promises smooth and secure Niger Delta games
-
Feature1 day agoMele Kyari: A Visionary leader who transformed Nigeria’s Oil and Gas Industry
-
Sports13 hours agoJose Mourinho accused Of nose grabbing Galatasaray boss Okan Buruk (Photos)
-
News1 day agoBREAKING: Edo Tribunal affirms Okpebholo’s Election, dismisses PDP’s Petition