x

New naira: FG makes fresh move against supreme court ruling on old notes

The Federal Government has asked the Supreme Court to dismiss a suit challenging the February 10 deadline for the circulation of old naira notes.

The Central Bank of Nigeria (CBN), which redesigned the naira, had fixed January 31 as the deadline of the old notes to be legal tender.

But the deadline was extended to February 10 after intense pressure on the government and the apex bank.

Last week, Godwin Emefiele said the apex bank was not considering extending the deadline.

The All Progressives Congress (APC) Governors had met with President Buhari over the issue and the president asked them to give him seven days to look into it.

But the governments of Kaduna, Kogi, and Zamfara states headed for the court to challenge the CBN.

Hot this week

2027: Wike boldly tells Followers , Nobody can stop Us from supporting Tinubu’s second term

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

MultiChoice Nigeria appoints Kemi Omotosho as new CEO

MultiChoice Nigeria has announced the appointment of Kemi Omotosho...

ECWA Abduction: 17 More Worshippers Freed as 13 Remain in Captivity

From Noah Ocheni, LokojaSeventeen additional worshippers abducted from...

EFCC, NASRDA Sign MoU to Strengthen Inter-Agency Collaboration on Asset Tracking and Investigations

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

VAR errors rise to 13 in first half of EPL season

Video Assistant Referee (VAR) mistakes have increased during the...

My government remains focused- Gov. Otti

By Okechukwu Keshi UkegbuGovernor of...

Nephew Linked to Kano Family Massacre as Residents Recount Horror

Fresh details have emerged over the gruesome killing of...

Tinubu Orders Probe into Killing of Woman And Six Children in Kano

President Bola Tinubu has ordered a comprehensive investigation into...

National Security: Interior, Defence Ministries Call for Deeper Military–Paramilitary Synergy

By Francis WilfredThe Federal Government has reiterated its commitment...

FGN, IFAD-VCDP Host Nutrition Policy Dialogue to Improve Nutrition Outcomes in Kogi State

From Noah Ocheni, LokojaThe Federal Government of Nigeria...

Related Articles

Popular Categories

spot_imgspot_img