Tag: Supreme Court
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Naira redesign: Nigerians lose money, disquiet over CBN’s silence on court ruling
During a recent trip from Delta State to Lagos State, Onajite Umukoro, who travelled with a popular transport line said she had to part with an extra N2, 000 because she did not have cash and opted to pay for her journey electronically. “I was told that the trip would cost N12, 000 if I…
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Abuja, Lagos banks accept old 500 and 1000 naira notes
The banks in Abuja and Lagos are gradually obeying the Supreme Court order to issue old N200, N500 and N1,000 notes. Many banks in the city centre and satellite towns have started complying with the order. Over the counter, the banks issued cash to their customers ranging from N5,000 to N20,000 depending on the bank.…
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![CBN vs S’ Court: We now know Buhari wasted 8 years – By Godwin Etakibuebu [Part 1]](https://thenewsguru.ng/wp-content/uploads/2023/01/Screenshot-2023-01-17-at-7.02.25-PM.png)
CBN vs S’ Court: We now know Buhari wasted 8 years – By Godwin Etakibuebu [Part 1]
The Central Bank of Nigeria (CBN), on October 26, 2022. announced the redesign of 200, 500 and 1,000 Naira notes, and declared an end to the use of the old notes by January 31, 2023, with a presidential fiat.
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“Why we discontinued suit at Supreme Court challenging emergence of Tinubu as president-elect”- PDP
The Supreme Court suit between the 6 states and AG Federation, filed following the manual collation of results contrary to the explicit provisions of the Electoral Act, the INEC Guidelines and Regulations and the manual for INEC officials, has been discontinued. TheNewsGuru.com (TNG) gathered that the suit was discontinued because it has been overtaken by…
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Naira redesign: It’s a soothing relief to all Nigerians-Adegboruwa, SAN hails SC verdict
…Buhari should immediately effect order A senior lawyer Ebun-Olu Adegboruwa, SAN has hailed the Supreme Court over its verdict on nullifying the ban on use of the old N200, N500 and N1000 banknotes. Olu-Adegboruwa reacted immediately after the court verdict declaring that the judgement is a courageous confirmation of the sanctity of the rule of…
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Just In:Supreme Court declares N200, N500, N1000 legal tender till Dec 2023
Finally, the Supreme Court, on Friday, 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 should remain valid legal tenders until December 31. It held that the old Naira notes…
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Supreme Court confirms Edeoga as LP’s guber candidate for Enugu State
The Supreme Court sitting in Abuja, on Monday confirmed its earlier ruling of the Court of Appeal, Abuja Division which declared Hon Chijioke Edeoga as the authentic Labour Party Governorship Candidate of Enugu State. The Apex Court presided over by Justice Kekere Ekun described Mr. Everestus Nnaji (Odengene) as a meddlesome interloper who shouldn’t have…
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[Just In] Naira swap: Supreme Court adjourns judgement to March 3
The Supreme Court has adjourned judgement in the new naira policy suit to March 3, 2023. The court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria and other lawyers. The Court had temporarily banned the implementation of the February 10 deadline of the CBN from…
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Naira crisis: Bank associations pledge availability of cash
Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the Naira to the general public.
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Hapless Nigerians caught in party and Supreme Court politics – By Owei Lakemfa
The raging arguments today include whether or not President Muhammadu Buhari should have obeyed the Supreme Court ruling on the continued use of the old currencies.