Breaking News
[UPDATE] New naira: CBN debunks release shared on Aisha Buhari’s Instagram page
The CBN said, “For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.”
The Central Bank of Nigeria has debunked a purported press release shared on the Instagram page of the First Lady, Aisha Buhari.
In the release shared on Aisha’s page on Tuesday, it was alleged that the old N500 and N1000 notes should remain legal tender dor the next 70 days, till May 1, 2023.
Debunking the news, the CBN shared another release, labelling the one shared by Aisha as “fake news.”
The CBN said, “For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.
“Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject. Media practitioners are advised to PLEASE verify any information from the correct sources before publication.”
As at the time of filing this report, the ‘fake’ release was still on Aisha Buhari’s page
Game of Power: Throne Reclaim -By Abba Dukawa
Most Kwankwasiyya members are youths . Where were they when Kwankwaso parted ways with Hamisu Musa, Musa Gwadabe, and Dauda...
Silence Where It Matters: Bauchi’s Misplaced Priorities and Forgotten People -By Yasir Shehu Adam
A governor’s speech should reflect actual priorities. When basic human development sectors are absent from key policy messages, citizens have...
Thankfully, There’s None Like Prophet Ebo Noah in Nigeria; Is There? -By Ugochukwu Ugwuanyi
Mysteries in the Old Testament can only be decoded through the light of the New Testament. Mercifully, the Holy Spirit...
The Ripples From The Tinubu’s Tax Reform And The Future Of Nigerian Economy -By Hajia Hadiza Mohammed
The most worrisome issue in the whole tax reform debacle is the intention of the government and its fixation on...
Africa’s Crisis of Military Coups and Insecurity -By Safiya Zakari Muhammad
The erosion of democracy has also weakened regional and international security cooperation. In some cases, juntas have expelled traditional partners...