Naira notes

On Friday, the Supreme Court nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders. The apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes…

The Supreme Court on Wednesday affirmed the validity of the use of old 200, 500 and 1000 naira notes. The apex court maintained that the February 8 hearing which paused the implementation of the February 10 deadline ban on the use of…

Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu, on Wednesday said the February 25 and March 11 elections will hold despite the fuel scarcity and the limited availability of Naira notes nationwide.…

Alliance on Surviving Covid-19 and Beyond (ASCAB) led by Falana has threatened a nationwide demonstration should the Federal Government fail to bring to an end the scarcity of fuel and naira notes in the country. The group, in a…

House of Representatives may be on a collision course with the Central Bank of Nigeria over the redesign of naira notes and the January 31 deadline set for the exchange of the old notes with the new ones. An ad hoc committee set up…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said the apex bank will not extend the deadline to halt the use of the old 200, 500 and 1000 Naira notes. Emefiele said this during the CBN/Monetary Policy…

Central Bank of Nigeria (CBN) has warned Nigerians especially those abusing the naira notes, adding that those who abuse it are liable to go to jail. The warning was made known in Abuja on Tuesday,  stating that the law banning the…