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

The Central Bank of Nigeria (CBN) has dismissed as fake news a report stating it issued ₦5,000 and ₦10,000 banknotes to enhance cash transactions. The CBN said the report, circulating on social media and claiming the new...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Nigeria’s CBN Calls 5,000 and 10,000 Naira Banknote Report ‘Fake News’
The Central Bank of Nigeria (CBN) has dismissed as fake news a report stating it issued ₦5,000 and ₦10,000 banknotes to enhance cash transactions. The CBN said the report, circulating on social media and claiming the new banknotes would become legal tender on May 1, 2025, did not originate from its official website. The report, […]

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