Supreme Court Judgement: CBN quietly allows old naira disbursement without issuing official statement
The Central Bank of Nigeria (CBN), Godwin Emefiele, has quietly allowed disbursement of old N500 and N1,000 notes,
Tag: naira notes.
Banks’ cash withdrawal limit is illegal — Supreme Court
The Supreme Court has adjudged the cash withdrawal limits imposed by banks as a result of scarcity of currency notes ...
Old naira notes remain valid till December, says Supreme Court
Abuja, NIGERIA —The Supreme Court on Friday ordered that the old N200, N500, N1,000 notes should remain in circulation till ...
States, MDAs, Councils, Missions, others barred from cash withdrawal in Banks
The guidelines barring governors, ministers, foreign missions and other public servants from making cash withdrawals from public accounts will come ...
FG not in breach of Supreme Court order on cash swap — Malami
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, gave the Federal Government’s position while appearing as a ...
CBN Cashless Policy: Supreme Court fixes March 3, for judgement, says, “Judiciary will not be made a scapegoat”
The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023.
IMF Speaks on Nigeria Governors’ defiance of President Buhari’ order on Old Naira Notes
The International Monetary Fund (IMF) has called for a review of the Central Bank of Nigeria Act 2007 to enhance ...
Rural dwellers in Nigeria resort to trade by barter as Naira scarcity bites harder
The cashless policy introduced by the Central Bank of Nigeria (CBN) has triggered a squeeze in cash in circulation, leaving ...
El-Rufai counters Buhari, says old naira notes valid in Kaduna State
Nasir El-Rufai, governor of Kaduna, says the old and new notes remain legal tender in Kaduna State pending the supreme ...
Nigerian angry protesters attack ATMs, block roads in frustration at lack of new banknotes
Rioters have attacked bank ATMs and blocked roads in three Nigerian cities as anger spilled on the streets over a ...
Emefiele’s policies to bring down inflation rate are not working
The CBN’s intervention policies, which aimed at stimulating small businesses and the industrial sector, were also tapered last year, meaning ...
New naira crisis exposes Nigeria’s weak minting capacity
With chaos spreading due to the scarcity of new naira notes, Nigeria’s attempt to replace its high- denomination currency notes ...
Supreme Court adjourns suit on old Naira notes
The Supreme Court has adjourned the suit filed by governors to challenge the naira redesign policy of the Central Bank ...
CBN Reacts to False Claims About Capacity of NSPMC Plc, Alleged Threats to Close
The Central Bank of Nigeria (CBN) has debunked recent false claims on the capacity of Nigerian Security Printing and Minting ...
Why CBN couldn’t print adequate new naira notes – Emefiele explains
The Central Bank of Nigeria (CBN) has said that it cannot print adequate naira notes to replace the old N200, ...
British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad
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Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State
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