- CBN Dismisses Viral ₦5,000 Note Featuring Tinubu’s Picture
- Apex bank dismisses Okoya bid to acquire Polaris Bank
- CBN assures public Nigerian banking system remains safe and secure
The Central Bank of Nigeria has said that a viral ₦5,000 note bearing the image of Bola Tinubu is fake.
The apex bank made the clarification in a post shared on its 𝕏 account on Thursday, urging the public to ignore the circulating image.
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EKO HOT BLOG reports that the CBN dismissed claims that it had released a sample of a redesigned ₦5,000 note featuring the President.
“This content is fake. Let the public be guided,” the statement read.
The clarification followed widespread circulation of the image on social media, where some users alleged that the bank had unveiled a new high-value denomination.
In a related development, the CBN also denied reports that billionaire businessman Razaq Okoya is set to acquire Polaris Bank.
The claim had emerged from a viral post on 𝕏, which alleged that Okoya had made a bid for Polaris Bank after the institution reportedly failed to meet the CBN’s recapitalisation requirements.
The post further suggested that the businessman planned to restore the bank’s compliance, subject to approval from the Nigeria Deposit Insurance Corporation and other stakeholders.
However, the CBN dismissed the report, stating that there was no truth to the claim and reaffirming confidence in the country’s banking system.
“This content is fake. Let the public be guided. The Nigerian Banking System is Safe and Secure,” the apex bank said.
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