Some social media users are claiming that the Central Bank of Nigeria (CBN) has unveiled a sample of a new N5,000 note (approximately US$3), which features an image of President Bola Tinubu.
A post dated January 26, 2025, states: “The Central Bank of Nigeria (CBN) has unveiled the first sample of the N5,000 note, which will soon be distributed to banks.
The note features a portrait of President Bola Ahmed Tinubu. According to the CBN Governor, this decision honors Tinubu for his significant contributions during his presidency.”
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In 2012, the CBN announced plans to introduce a N5,000 note, but in 2022, the bank reversed these plans. Over the years, there have been various calls for the introduction of the N5,000 note.
The same claim can be found here, here and here.
But has the CBN released a sample of the new N5,000 notes? We checked.
Ignore AI-generated image
In 2022, the Central Bank of Nigeria (CBN) launched plans to redesign the naira notes, which resulted in a temporary shortage due to ineffective distribution of the new notes, a situation widely reported in the media.
There are no credible sources confirming that the CBN plans to introduce new N5,000 notes in 2025. If such a decision were true, it would have made significant headlines.
The users who shared the image in question attempted to crop out the “Grok” watermark, which indicates the image was generated using Grok, an artificial intelligence (AI) tool integrated with the social media platform X.
Artificial intelligence uses advanced computer algorithms to perform tasks that are typically done by humans, such as answering questions and writing code.
Over time, social media users have increasingly employed AI tools to spread misinformation.
Credit: Africa Check
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