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

Court Sentences Former NEXIM Bank MD Orya to 490 Years for N2.4bn Fraud

The Federal Capital Territory High Court in Abuja has...

DSS arraigns ex-AGF Malami, son over terrorism financing, firearms charges

The Department of State Services (DSS) has arraigned former...

Security Operatives Arrest Eight Suspects in Joint Operations Across Kogi

By Noah Ocheni, LokojaSecurity operatives in Kogi State have...

JUST IN: Shettima visits Kwara community after deadly attack

Vice President Kashim Shettima on Saturday visited Woro village...

2026 Grammy Awards: Davido, Burna Boy, Ayra Starr others lose out; check out full list

Nigerian artistes including Davido, Burna Boy, Wizkid and Ayra...

Senator Monguno Launches ₦250 Million Mega Empowerment Programme for 2,500 Constituents

The Senator representing Borno North Senatorial District, Chief...

Royal Father Calls for Unity in Nigerian Basketball as Stakeholders Seek Lasting Peace

Prominent basketball promoter and initiator of the Mark D...

Insecurity: Kogi Govt Orders Temporary Closure of Markets, Motor Parks

From Noah Ocheni, LokojaThe Kogi State Government has ordered...

Ododo Says Prof. Salisu Ogbo’s Achievements Earned Him VC Appointment

Kogi State Governor, Alhaji Ahmed Usman Ododo, has said...

Insecurity: Kogi Government Orders Temporary Closure of Markets, Motor Parks in Kogi West

The Kogi State Government has ordered the temporary closure...

China, Nigeria Celebrate 2026 Chinese New Year, 55 Years of Diplomatic Ties

The Chinese Embassy in Nigeria on Saturday hosted a...

Related Articles

Popular Categories

spot_imgspot_img