Tag: Old Naira notes
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CBN opens up on expiration of old N200, 500, 1000 Notes
The Central Bank of Nigeria (CBN) has recently addressed concerns regarding the expiration dates of the old 200, 500, and 1,000 naira notes. Back in March, the Supreme Court declared that these notes would remain legal tender in the country until December 31, 2023. With just two months left before the deadline, rumors of a…
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Malami, Emefiele get Tuesday ultimatum to obey Supreme Court on currency
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria Governor, Godwin Emefiele, have been given till Tuesday to comply with the order of the Supreme Court on the currency. The State governments, who gave the ultimatum to the duo (Malami and Emefiele), had sued the Federal…
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Old Naira notes swap: Reps reject ten days extension given by CBN
…insist position of law is sacrosanct The House of Representatives Adhoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the Central Bank of Nigeria (CBN) for the exchange of old naira notes, insisting the position of law is sacrosanct TheNewsGuru.com, (TNG) recalls CBN had…