… Faults Buhari Directives on Old Naira Notes The Supreme Court on Wednesday ordered that the old N1000, N500 and N200 notes should remain legal tender until December 31, 2023. The court, in a judgment on the suit filed against Federal Government naira swap policy, held that the old naira notes should co-exist with the…
The supreme court has adjourned judgement on the old naira notes case before it. It says it will deliver judgment in the suit challenging the naira redesign policy of the Central Bank of Nigeria (CBN) on March 3. The seven-member panel of the apex court communicated the decision on Wednesday.
There is relief as the Federal Government said it would obey the ruling of the Supreme Court suspending the February 10 deadline given by the Central Bank of Nigeria, CBN on the exchange of naira notes. It would be recalled that the apex court in its ruling on Wednesday, suspended the February 10 deadline on…
