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CBN denied introducing new N5,000 and N10,000 notes, marking the report as False.
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The reports claim that CBN will introduce new notes to reduce cash processing costs and improve liquidity management.
The Central Bank of Nigeria (CBN) denies the launch of new N5,000 and N10,000 notes, marking the report as false.
The reports claim that CBN will introduce new notes to reduce cash processing costs and improve liquidity management.
The new notes are reportedly issued on May 1, 2025 and are attributed to so-called Lieutenant Governor Ibrahim Tahir Jr.
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“This content is not from the Central Bank of Nigeria. Please point out that the official website of CBN is CBN.GOV.NG.
CBN’s denial was due to widespread misinformation, and the bank clarified that any official information would be published on its official website.
