CBN Dismisses Viral ₦5,000 Note Featuring Tinubu’s Picture

The Central Bank of Nigeria (CBN) has clarified that a ₦5,000 note featuring the image of President Bola Tinubu, which has gone viral on social media, is fake.

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The CBN, in a post via its 𝕏 account on Thursday, urged members of the public to disregard the image.

The apex bank dismissed speculations that it had released a sample of a ₦5,000 note featuring President Tinubu.

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“This content is fake. Let the public be guided,” the CBN statement read.

The CBN made the clarification after the image went viral on social media, with some netizens alleging that the apex bank had released a sample for the new note.

In other news, the CBN has dismissed claims that billionaire businessman Razaq Okoya is set to purchase Polaris Bank following a purported liquidation process.

Naijapunchnews understands that a viral post on 𝕏 had claimed that Okoya has made a bid on Polaris Bank following its failure to meet CBN’s recapitalisation requirements.

The tweet claimed that Okoya would acquire the bank and restore compliance, pending approval from the Nigeria Deposit Insurance Corporation (NDIC) and other shareholders.

However, CBN dismissed the tweet, insisting that there was no truth to the claim.

“This content is fake. Let the public be guided. The Nigerian Banking System is Safe and Secure,” the apex bank said on 𝕏.

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