The Central Bank of Nigeria (CBN) has dismissed a viral image claiming to show a newly introduced N5,000 banknote as fake.
On Thursday, the image, which has gone viral on social media, was shared by users alleging that the CBN had released a sample of a N5,000 note featuring President Bola Tinubu.
The claim sparked a wave of reactions online, with many users debating the authenticity of the supposed new currency design.
An X user identified as Abiodun wrote, “If he gets re-elected, we might get a 5000 naira note with his name on it. This level of sycophancy is beyond comprehension.”
However, the apex bank debunked the report in a post on its official X (formerly Twitter) handle.
“This content is fake. Let the public be guided,” it wrote.
Similarly in 2025, CBN also debunked claims that it introduced N5,000 and N10,000 banknotes to facilitate cash transactions, describing the report as false.
