Sun. Jun 15th, 2025
Sun. Jun 15th, 2025

Ignore fake news on ₦5,000, ₦10,000 banknotes, says CBN

N5000 NOTE

Temisan Olaifa

The Central Bank of Nigeria has denied the rumours making the rounds that it is planning to introduce new N5,000 and N10,000 notes. In a statement posted on its X handle (formerly Twitter) on Wednesday, CBN debunked the rumours, saying: “This content is NOT from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.”The clarification comes amid widespread misinformation suggesting that the CBN planned to roll out high-denomination banknotes to reduce cash-handling costs and improve liquidity management.Some versions of the false reports even attributed comments to a supposed Deputy Governor, Dr. Ibrahim Tahir Jr., claiming the notes would be introduced on May 1, 2025.

NewsTellers

Related Posts

Ekiti 2026: NULGE national leadership rallies support for Oyebanji’s re-election
Ekiti 2026: NULGE national leadership rallies support for Oyebanji’s re-election
  • June 15, 2025

The…

Read more

More...
Benue youth protest killings, block highways in Makurdi
Benue youth protest killings, block highways in Makurdi
  • June 15, 2025

Hundreds…

Read more

More...

Sports

1
Delegates, board members arrive Abuja ahead of AFN presidential election
Delegates, board members arrive Abuja ahead of AFN presidential election
2
Portugal beat Spain 5-3 on penalties – UEFA Nations League final
Portugal beat Spain 5-3 on penalties – UEFA Nations League final
3
National Sports Festivals: Will southeast states reverse the slide?
National Sports Festivals: Will southeast states reverse the slide?
4
Contract updates: 20 players to depart Arsenal this summer
Contract updates: 20 players to depart Arsenal this summer
5
Ahmed Musa leaves Eagles camp as Ndidi, Ajayi opt out from training
Ahmed Musa leaves Eagles camp as Ndidi, Ajayi opt out from training
6
Gusau visits injured Awoniyi in UK
Gusau visits injured Awoniyi in UK
7
NSF Day 9: Delta extends lead with 188 medals
NSF Day 9: Delta extends lead with 188 medals
8
NSF Day 8: Delta maintains lead with 122 medals
NSF Day 8: Delta maintains lead with 122 medals
9
NSF Day 7: Team Delta soars to 103 medals
NSF Day 7: Team Delta soars to 103 medals
10
See eight Arsenal players who could wave goodbye to the club this Sunday
See eight Arsenal players who could wave goodbye to the club this Sunday
11
Mohamed Salah wins 2024-25 Premier League Player of the Season award
Mohamed Salah wins 2024-25 Premier League Player of the Season award
12
I’m ready to quit, says Manchester United coach
I’m ready to quit, says Manchester United coach
13
Spurs beat Man Utd to win Europa League
Spurs beat Man Utd to win Europa League
14
NSF: We’ve sold thousands of pieces of adire fabrics since the festival began – DG
NSF: We’ve sold thousands of pieces of adire fabrics since the festival began – DG
15
Nigeria edge Egypt on penalties to claim U-20 AFCON bronze
Nigeria edge Egypt on penalties to claim U-20 AFCON bronze
16
Shettima, Obasanjo, Soyinka light up NSF opening ceremony
Shettima, Obasanjo, Soyinka light up NSF opening ceremony
17
Rice, Raya impress to seal Champions League spot for Arsenal
Rice, Raya impress to seal Champions League spot for Arsenal
18
EPL: Top five race heats up as Arsenal, Newcastle face off in crucial clash
EPL: Top five race heats up as Arsenal, Newcastle face off in crucial clash
19
NSF: Win gold, get N2.5m cash, Abiodun promises Ogun athletes
NSF: Win gold, get N2.5m cash, Abiodun promises Ogun athletes
20
Mbah receives EPL Trophy, seeks Guinness’ partnership to grow sports in Enugu
Mbah receives EPL Trophy, seeks Guinness’ partnership to grow sports in Enugu
21
Sports festival: Ogun waste agency begins special operations
Sports festival: Ogun waste agency begins special operations
22
Every word Mikel Arteta said on Liverpool, Merino’s red card, Rice’s injury, and top-five race
Every word Mikel Arteta said on Liverpool, Merino’s red card, Rice’s injury, and top-five race
Visa delay forces Nigeria to withdraw from World Relays in China
23
Alan Shearer drops big Champions League prediction before Arsenal vs PSG – ‘there’ll be a twist’
Alan Shearer drops big Champions League prediction before Arsenal vs PSG – ‘there’ll be a twist’
24
How Inter Milan edged Barcelona in epic semi to reach CL final
How Inter Milan edged Barcelona in epic semi to reach CL final
25
Mbappe’s double helps Real Madrid win 3-2 over Celta Vigo
Mbappe’s double helps Real Madrid win 3-2 over Celta Vigo
26
Arsenal’s league form continues to nosedive with Bournemouth defeat
Arsenal’s league form continues to nosedive with Bournemouth defeat
27
Manchester United, Tottenham close to all-English Europa final
Manchester United, Tottenham close to all-English Europa final
28
Arsenal to unleash PSG game-changer for Champions League second leg
Arsenal to unleash PSG game-changer for Champions League second leg
29
Arsenal beaten by PSG
Arsenal beaten by PSG
30
Rampant Arsenal hammer Lyon to reach Women’s Champions League final
Rampant Arsenal hammer Lyon to reach Women’s Champions League final
31
Liverpool win the Premier League title
Liverpool win the Premier League title
32
How FC Barcelona sank Real Madrid in extra-time to win Copa del Rey 11
How FC Barcelona sank Real Madrid in extra-time to win Copa del Rey 11
33
Burnley, Leeds United return to Premier League
Burnley, Leeds United return to Premier League
34
Enugu pledges to immortalise Christian Chukwu
Enugu pledges to immortalise Christian Chukwu
35
How we beat Real Madrid – Arsenal
How we beat Real Madrid – Arsenal
36
Raya lifts lid on the mood in the camp pre-Real
Raya lifts lid on the mood in the camp pre-Real
37
Chukwu’s death shocking, says AFCON winning teammate, Onyedika
Chukwu’s death shocking, says AFCON winning teammate, Onyedika
38
Ex-Super Eagles coach Christian Chukwu dies at 74
Ex-Super Eagles coach Christian Chukwu dies at 74
39
Why I signed new deal with Liverpool – Salah
Why I signed new deal with Liverpool – Salah
40
Barcelona, PSG win big in Champions League Quarter-Final first legs
Barcelona, PSG win big in Champions League Quarter-Final first legs
41
Arsenal 3: 0 Real Madrid
Arsenal 3: 0 Real Madrid
Team Bayelsa wins maiden Niger Delta Sports Fiesta
42
Sports powerful tool for development, economic growth – Tinubu
Sports powerful tool for development, economic growth – Tinubu
43
Bukayo Saka set to return for Arsenal
Bukayo Saka set to return for Arsenal
44
Pasuma is my boss, Taye Currency admits
Pasuma is my boss, Taye Currency admits
45
It’s sad small teams now dare Super Eagles – Bonfrère Jo
It’s sad small teams now dare Super Eagles – Bonfrère Jo
46
Lessons from the Super Eagles’ two matches under Chelle
Lessons from the Super Eagles’ two matches under Chelle
47
Aina may ignore Liverpool, Chelsea, Man U to remain with Nottingham Forest
Aina may ignore Liverpool, Chelsea, Man U to remain with Nottingham Forest
48
Sustainable Travel for Eco-Friendly Tourism
Sustainable Travel for Eco-Friendly Tourism
49
Plant Based Alternatives Reshaping Food
Plant Based Alternatives Reshaping Food