…FG denies directing Malami, Emefiele, to disobey Court …Says CBN must make money available for circulation …As CBN directs banks to issue, accept old notes …Rejection of old notes illegal — Sanwo-Olu, Abiodun warn businesses …As NLC issues 7-days ultimatum…
The Arewa Consultative Forum, ACF, says the naira redesign has damaged the credentials of President Muhammadu Buhari as a democrat. The forum said the scarcity caused by the naira redesign might lead to a breakdown of law and order in…
By Olumide David Nigerians have continue to reject old naira notes as the Central Bank of Nigeria (CBN) is yet to address the country, despite Supreme court order. According to NewsDirect correspondent findings, Nigerian banks on Tuesday started dispensing old…
The Central Bank of Nigeria (CBN) said that both old naira notes and new naira notes are now legal tenders. This online news platform understands that the Acting Director of Corporate Communications CBN, Dr. Isa Abdulmumin disclosed this on Tuesday,…
A seven-member panel of the Supreme Court led by John Okoro last week Friday, March 3, unanimously directed that the CBN must continue to receive the old notes from Nigerians. The Supreme Court extended the validity of the N200, N500,…
…CPPE lauds Supreme Court ruling on old currency notes validity By Seun Ibiyemi and Mathew Dennis Following the announcement made by the Supreme court of Nigeria over old Naira note that it remains legal and in circulation till December 31…
Financial and economic experts have lauded the Friday’s judgment of the Supreme Court invalidating the naira redesign policy of the Central Bank of Nigeria (CBN). News in Ibadan reports that the apex court had invalidated the naira redesign policy, ordering…
Stakeholders in the energy sector have expressed divergent views on the Supreme Court judgment over extension of the use of old Naira notes till Dec. 31. They expressed their different views in separate interviews with the News staff on Saturday…
No fewer than six Nigerian states – Sokoto, Akwa-Ibom, Adamawa, Bayelsa, Delta, and Edo, have sued the Federal Government at the Supreme Court over the conduct of the February 25, 2023, presidential and National Assembly (NASS) elections. Recall that the…
By Ogaga Ariemu The Supreme Court on Friday ordered that the old naira notes must remain in circulation till December 31 this year. The apex court ordered the Central Bank of Nigeria CBN to allow both the old naira notes…
