Old Naira Notes: CBN Denies Fake News Shared By Aisha Buhari


The Central Bank of Nigeria (CBN) has debunked the fake news posted on the verified Instagram and Facebook handles of the First Lady of Nigeria, Mrs Aisha Buhari.

The fake news posted on the two social media handles of the First Lady on Tuesday morning purportedly indicated that the old N200, N500 and N1000 banknotes have been allowed to be recirculated as legal tender till May 1, 2023 contrary to the directive of President Muhammadu Buhari that only the old N200 banknote is allowed as legal tender till April 10, 2023.

CKN News reports that not a few Nigerians are currently agitated over the new Naira scarcity, a development that has led to violent protests in Lagos, Ogun, Oyo and Edo States.

But, minutes later the CBN posted a real press statement it issued days ago and a counterfeited or distorted version of it posted by Mrs Buhari, which conveyed the fake news.

Tweeps and Instagram users received the news with mixed feelings. While some of them praised the First Lady for the new development, others quickly pointed out the inherent bad grammar in the fake statement suggesting that it was a fake news.


Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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