x

Buhari Summons Emefiele After Supreme Court Order

By our correspondent

Muhammadu Buhari has summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to Aso Rock, Abuja.

This is coming hours after the Supreme Court ruling of Wednesday stopping the February 10 deadline for the validity of three old naira notes.

A source in the Presidency said that the meeting is coming shoofly after the President received a report about the Supreme Court judgement.

On whether the President will sign an Executive Order on the matter, the source simply replied, ‘very unlikely’.

A seven-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling, granted the interim injunction after an ex parte filed by Kogi, Kaduna and Zamfara state governments.

The highest court also held that the Federal Government and the apex bank must not continue with the deadline pending the determination of the hearing on February 15.

Hot this week

What Exactly Is an Open Relationship? Here’s a Clear Breakdown

Open relationships allow partners to explore romantic or sexual...

Nigeria Poised to Lead Africa’s Digital Trade Future — Afreximbank

Nigeria is strategically positioned to drive Africa’s emerging digital...

A’Ibom Police arrest five over false kidnapp alarm

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has...

Abuja, Becoming Epicentre of Africa’s Creativity – Mahmoud

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya Mahmoud...

I Always Seek My Wife’s Permission Before Acting Romantic Scenes — Nosa Rex

Nollywood actor Nosa Rex has disclosed that he always...

Regina Daniels Says She Has No Plans to Remarry After Split From Ned Nwoko

Nollywood actress Regina Daniels has explained why she is...

Ancelotti Names Club He Believes Will Stop Arsenal in the Champions League

Brazil head coach Carlo Ancelotti has predicted that Arsenal...

Van Dijk Addresses Salah–Slot Row After Inter Win

Liverpool captain Virgil van Dijk has broken his silence...

Thousands March in Abuja as Middle Belt Groups Demand Official Regional Recognition

By Achadu Gabriel, KadunaTens of thousands of Middle Belt...

Sahel’s Jihadist Crisis Fuels Violence in Nigeria, Threatens West Africa

By Rachel Ndakotsu, Senior Researcher at the Institute for...

Related Articles

Popular Categories

spot_imgspot_img