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Did CBN announce plan to redenominate the naira?

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A message forwarded several times on WhatsApp claims the CBN has announced a new strategic agenda for the naira. The viral message said the new agenda will result in the re-denomination of the naira with full effect from January, 2024.

The claim is FALSE!


The message further claimed that the new policy on the Naira revolves around a 4-point agenda as approved by President Bola Tinubu to make the naira equal to the dollar and regulate market prices.

Meanwhile, CBN has said there are no plans to redenominate the naira neither is there a recent announcement of a new agenda for naira. WABMA team checked.


The Director, Corporate Communications, Isa Abdul Mumin, in a press release said the content of the message modified text taken from an old policy move by a previous CBN Governor in 2007 to make it appear recent.

He advised the public to ignore the report to prevent panic.

CONCLUSION
The claim that CBN announced a new strategic agenda for the naira is FALSE.

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African News

đŸ’„Was INEC Chair Nominee Joash Amupitan Part of Tinubu’s Legal Team?

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When President Tinubu nominated Professor Joash Amupitan as chairman of the Independent National Electoral Commission, social media erupted. “He was Tinubu’s lawyer during the 2023 election case!” users claimed, warning that democracy was in danger. But is the outrage based on fact?

Verification:
WABMA reviewed the Certified True Copies of both the Presidential Election Tribunal and Supreme Court judgments from the 2023 election petitions.

Amupitan’s name does not appear among the lawyers listed for Tinubu, Shettima, or the APC. Instead, the records show Professor Taiwo Osipitan (SAN) — a University of Lagos law professor — as one of the legal counsels.

The similarity between the surnames Osipitan and Amupitan seems to have caused the mix-up. No court record, statement, or credible media report links Amupitan to Tinubu’s legal team.

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đŸ’„ Ep.104–WABMA Fake News Debunker:

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đŸ’„ Ep.104–WABMA Fake News Debunker:

1ïžâƒŁ Can Africans really enter Burkina Faso without a visa?

2ïžâƒŁ Has the Nigerian Senate passed a new Cybercrime Act in 2025?

3ïžâƒŁ Is a new fuel tax set to begin in January 2026?

Get the Facts Here 👇:

✅ Watch, Like & Subscribe!
WABMA, in collaboration with media professionals, continues the fight against fake news and misinformation across social and traditional media.

🔍 Visit our website for more verified insights:
🌐 https://projectfactchecknigeria.org

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Breaking News

Analyzing the Phantom Coup in Cameroon?

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It came fast. It came loud. And it came dressed as breaking news.

“Military coup in Cameroon! Paul Biya removed from power after 41 years!”

The video, shared on TikTok by a user named Jimmoexpress37, opened with dramatic music and flashing red text:
“BREAKING: JUBILATION ACROSS CAMEROON”
“MILITARY TAKES OVER POWER”
“PAUL BIYA NO WHERE TO BE FOUND”

It claimed the coup happened around 5 a.m. The narrator spoke with urgency, describing a bloodless takeover triggered by public frustration over Biya’s long rule.
Soon after, the same video was clipped, shortened to 5 minutes, and pushed across WhatsApp groups in Nigeria, Ghana, and Francophone Africa. The mood? Celebration. Many believed a new chapter had opened in Cameroon.

But something didn’t add up.
There was no mention of the supposed coup on BBC, Al Jazeera, or Reuters—not even on Cameroon’s national broadcaster. For a coup in one of Central Africa’s most tightly controlled countries, this silence was deafening.

So fact checkers started digging.
The earliest version of the video traced back to June 8, 2025, posted by a little-known YouTube channel called Jeunesse Panafricaine, with just 2,700 subscribers. The video seemed real—until you listened carefully.
The narrator’s voice didn’t quite match the visuals. Experts pointed out it carried signs of AI manipulation—that slightly off rhythm, that synthetic clarity that’s too perfect for amateur recording.

Then came the smoking gun: President Paul Biya’s verified Facebook account was still active. Just hours after the video’s circulation, Biya posted a message urging unity:
“Let us not oppose our differences but confront our ideas
 Let’s consider our ethnic or cultural differences as enriching factors.”
He was clearly alive, well, and still president!

More checks showed there was no troop movement in YaoundĂ©, no military declaration, no international diplomatic response—nothing you would expect if a 41-year ruler had been overthrown.

And history supports that. The last coup attempt in Cameroon was in 1984—and it failed. Biya, now in his 90s, has survived more than four decades of political storms. But there has been no successful or confirmed coup attempt since then.

So, what was the video?
Likely, it was AI-enhanced disinformation, the kind used to test reactions, spark unrest, or push particular narratives. With AI, it’s now easier than ever to create the illusion of news without ever stepping into a newsroom.

And that’s the real danger.
False stories about coups can destabilize countries, trigger panic, or even justify preemptive crackdowns. In fragile political climates, lies about power changes can be as damaging as the real thing.

Conclusion: Paul Biya was not overthrown. There was no military coup.
What there was—was a very real attempt to manipulate perception.

Across Africa and beyond, videos, reels, and tweets are shaping opinions, not always with truth.
From fake bans to fictional buildings, from manufactured coups to fabricated scandals—misinformation thrives when facts are not checked.

At WABMA Debunker, we don’t take posts at face value. We follow the facts. And we don’t just question what’s said—we question who benefits when it’s believed.

 

#fakenews #fakenews #debunkit #debunkit #fakenews

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