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.
I Don’t Need a Son to Inherit My Empire, My Daughters Can Lead — Dangote
Wike’s Rainbow Coalition Threat to APC Survival, Cohesion — Onoh
King’s College Concession: Education Workers Threaten Nationwide Shutdown of Unity Colleges
2027: INEC Promises Transparent, Credible and Peaceful General Election
BREAKING: Nigeria’s Inflation Rate Falls to 15.39% in August — NBS
Police Issue Nationwide Red Alert Over Planned Terrorist Attacks on Schools, Churches, Mosques
BBNaija Season 11: Barry Becomes First Finalist After Winning Week 8 HOH
Tinubu Orders Release of Funds to Regional Development Commissions
Africa Day for Technology, IPR: NOTAP Charts Path to Technological Independence
Court Adjourns Suit Challenging David Mark-Led ADC Leadership to September 28
Soludo Still Servicing Loans Inherited From Peter Obi, Obiano — Anambra Govt
Tinubu Will Win 2027 Presidential Election by Wide Majority — Reno Omokri
FG Condemns Killing of Two Nigerians in South Africa, Demands Urgent Probe
Court Adjourns Suit Challenging David Mark-Led ADC Leadership to September 28
Africa Day for Technology, IPR: NOTAP Charts Path to Technological Independence
2027: INEC Promises Transparent, Credible and Peaceful General Election
King’s College Concession: Education Workers Threaten Nationwide Shutdown of Unity Colleges
Tinubu Orders Release of Funds to Regional Development Commissions
Police Issue Nationwide Red Alert Over Planned Terrorist Attacks on Schools, Churches, Mosques
BBNaija Season 11: Barry Becomes First Finalist After Winning Week 8 HOH
-
News1 day agoSoludo Still Servicing Loans Inherited From Peter Obi, Obiano — Anambra Govt
-
News1 day agoTinubu Will Win 2027 Presidential Election by Wide Majority — Reno Omokri
-
National News1 day agoFG Condemns Killing of Two Nigerians in South Africa, Demands Urgent Probe
-
News1 day agoCourt Adjourns Suit Challenging David Mark-Led ADC Leadership to September 28
-
News1 day agoAfrica Day for Technology, IPR: NOTAP Charts Path to Technological Independence
-
News3 hours ago2027: INEC Promises Transparent, Credible and Peaceful General Election
-
News3 hours agoKing’s College Concession: Education Workers Threaten Nationwide Shutdown of Unity Colleges
-
National News24 hours agoTinubu Orders Release of Funds to Regional Development Commissions