ABUJA – The Central Bank of Nigeria (CBN) has refuted circulating rumours about the introduction of N5,000 and N10,000 banknotes, stating that the reports are entirely false.In a statement posted on its official X handle, the apex bank urged Nigerians to disregard the misleading claims, making it clear that no such currency denominations are in the works.“This content is NOT from the Central Bank of Nigeria,” the statement read, emphasizing that the CBN's official website remains cbn.gov.ng for verified information.The false reports, which have spread widely across social media and other platforms, alleged that the new high-value notes would be introduced to reduce cash-handling costs and enhance liquidity management. Some even speculated on a rollout date of May 1, 2025—an assertion now debunked by the CBN.The apex bank has advised the public to rely only on its official channels for accurate information