The Central Bank of Nigeria (CBN) has denies the introduction of two new denominations N5,000 and N10,000 notes in purported circular.

In a statement, the bank described the circular online as “fake” via its official handle on X (formerly Twitter).

According to the alleged circular, the new notes were set to be in circulation from May 1.

However, the bank refuted the claims, urging the public to verify information through its official website.

 

RN

Demboss Data App
You May Also Like

Senate Advises Shift To Performance-Based Budgeting

Writing by Bashir Mayere; Editing by Basirat Memudu    The senate has…

FRCN Kaduna’s Management Meets Gov Namadi, Seeks Expanded Partnership

Writing By Usman Mohammed Zaria; Editing By Yusuf Zubairu  The Acting Zonal…

FRCN pledges support for UNESCO Media Institute in Nigeria

  The Director General of the Federal Radio Corporation of Nigeria, Dr…

PBAT Calls on Governors, Political Leaders to Deepen Grassroots Development

  President Bola Tinubu has called on Nigerian governors and political leaders…

Counter-Terrorism: 100 U.S. Military Personnel Trainers Arrive Nigeria – DHQ

  The Defence Headquarters (DHQ) has announced the arrival of about 100…

Tinubu Orders Direct Oil Revenue Remittance

  President Bola Tinubu has issued an executive order to safeguard and…