OGACHIBE

  According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management. The Central Bank of Nigeria (CBN) has refuted claims that it has introduced new ₦5,000 and ₦10,000 notes, describing the reports as false. This comes after widespread misinformation suggested that the apex bank had unveiled the high-denomination banknotes to enhance cash transactions. According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management. Some of these claims even attributed statements to a supposed Deputy Governor, Dr Ibrahim Tahir Jr., regarding the rollout of the notes from May 1, 2025. However, the CBN has denied these reports, stating: "This content is NOT from the Central Bank of Nigeria. Kindly note that the official website of the CBN is  cbn.gov.ng ."

 CBN Announces New ₦5,000 & ₦10,000 Notes "In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new ₦5,000 and ₦10,000 notes featuring iconic Nigerian leaders. The notes will be in circulation from May 1, 2025."   CENTRAL BANK OF NIGERIA PRESS RELEASE CBN Unveils New ₦5,000 and ₦10,000 Banknotes to Enhance Cash Transactions Abuja, April 1, 2025 – The Central Bank of Nigeria (CBN) has officially announced the introduction of two new denominations - ₦5,000 and ₦10,000 banknotes; as part of ongoing efforts to streamline cash transactions and improve liquidity management. According to the Deputy CBN Governor, Dr. Ibrahim Tahir Jr., the move is aimed at reducing cash-handling costs and providing Nigerians with more efficient means of conducting large transactions. "The introduction of these new high-value denominations aligns with global best practices and will enhance economic activities while reducing the stress associated with c...

  Newborn Wrapped in Nylon Reportedly Found Abandoned in a Waste Bin At Balewa Hostel , UNN . Reports also suggests that the alleged mother gave birth to the baby in a 100-series bathroom within the hostel. Was it fear, desperation, or a sense of helplessness that led her to this?.  What could  pushed her to such a heartbreaking decision?

  The Ogun State Police Command has declared controversial singer Habeeb Olalomi, popularly known as Portable, wanted for allegedly leading a violent attack on government officials during an enforcement exercise. According to a statement issued on Monday by the command's spokesperson, Omolola Odutola, the incident occurred on February 5, 2025, around 10:00 a.m. when three officials from the Ogun State Ministry of Physical Planning and Urban Development, Ota Zonal Office-TPL Onabanjo Abidemi, TPL Raymond Lateef, and TPL Ridwan Oyero Akinlesi-were conducting an enforcement exercise at Oke-Osa, Tigbo Ilu Ota. During their inspection, the officials encountered an elderly man, later identified as Portable's father, at Odogwu Bar, a property linked to the singer. When asked for the building's approved plan, Portable's father informed them that his son was unavailable. However, moments later, Portable allegedly arrived, armed with a firearm and other dangerous weapons, leading...

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