The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist. The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN)…
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline. Emefiele during a visit on Tuesday to the Ministry of Foreign Affairs, to discuss the monetary and currency redesign policy of the bank, declared there was no need to shift deadline….
As the cash crunch continues to bite harder across the country, the Central Bank of Nigeria (CBN) has directed commercial banks to commence the payment of the new Naira notes over the counter. This move according to the CBN is to reduce the sufferings Nigerians go through daily to get cash for business transactions. The…
