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Nigeria’s CBN Calls 5,000 and 10,000 Naira Banknote Report ‘Fake News’

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Shocking News: CBN Declares ₦5,000 and ₦10,000 Notes as the Stuff of Legends! 🤑

In a turn of events that could only be described as a plot twist worthy of a second-rate melodrama, the Central Bank of Nigeria (CBN) has categorically dismissed a rather audacious report claiming it had issued ₦5,000 and ₦10,000 banknotes. Yes, you heard that right! The CBN has waved its metaphorical hand and declared the whole affair as nothing more than a piece of fake news, fit for the gossip columns of a particularly scandalous tabloid.

According to the report, which seemed to have been conjured from the depths of social media’s imagination, these new banknotes were set to become legal tender on the rather auspicious date of May 1, 2025. One can only assume that the CBN Deputy Governor, Ibrahim Tahir, was busy sipping tea and enjoying a good book, as he was purportedly quoted in this fanciful tale. The report suggested that these new notes would not only reduce cash-handling costs but also provide Nigerians with a more efficient means of conducting large transactions. Quite the promise, wouldn’t you say? 😏

However, in a statement that could only be described as a masterclass in public relations, the CBN took to its X account (formerly known as Twitter, but who’s keeping track?) to brand the report as “fake content.” They urged their loyal followers to rely solely on information from their official website, which, let’s be honest, is probably the safest bet in this digital age of misinformation. So, if you were planning to stuff your mattress with those shiny new notes, you might want to reconsider your investment strategy! 🛏️💸

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2025-04-03 01:57

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