Day: April 3, 2025

Fraud suspects operating “Yahoo School” apprehended in Lagos

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Operatives of the Lagos State Police Command uncovered and dismantled and internet fraud training facility, commonly referred to as “Yahoo School”, operating at Iju area of the state. This was confirmed in a statement by the spokesperson of the state police command, CSP Benjamin Hundeyin on Tuesday. Hundeyin said that the police apprehended four yahoo experts and six trainees. “During the successful operations, the police detectives apprehended four yahoo experts, of ages 22, 23, 25, and 26, who were running the notorious school. “The other six suspects, who are between…

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CBN denies introducing N5,000, N10,000 banknotes

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The Central Bank of Nigeria (CBN) has issued a statement dismissing a viral report claiming it has introduced N5,000 and N10,000 banknotes to facilitate cash transactions. In a statement posted on its official X handle, yesterday, the apex bank described the report as fake and urged Nigerians to disregard it. “The content is not from CBN. Kindly note that the official website of the CBN is cbn.gov.ng,” the statement reads. A statement from the CBN’s Communications Department further clarified, “The only official sources for releasing statements to the media are…

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