The Presidency Monday said President Muhammadu Buhari never directed Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami, SAN, and Governor Central Bank of Nigeria (CBN) Godwin Emefiele to defy the order of the Supreme Court that the old N1000, N500 and N200 banknotes remain legal tender till …
Read More »Naira crisis: States plan contempt proceedings against Malami, Emefiele
…serve AGF Supreme Court judgment, demand immediate compliance Some state governments are planning to initiate contempt proceedings against the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and Governor of the Central Bank of Nigeria, Godwin Emefiele, over their refusal to implement the Supreme Court judgment on …
Read More »Old notes: Mixed reactions trail Supreme Court judgement
Stakeholders in the energy sector have expressed divergent views on the Supreme Court judgment over the extension of the use of old Naira notes till Dec. 31. They expressed their different views in separate interviews with the News Agency of Nigeria (NAN) on Saturday in Lagos. NAN reports that the …
Read More »Old Naira Notes Legal Tender Till December 31 – Supreme Court
The Supreme Court on Friday ordered that the old naira notes must remain in circulation till December 31 this year. The apex court ordered the Central Bank of Nigeria CBN to allow both the old naira notes and the new ones to circulate side by side till the end of …
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