Page 2 - Naira Notes News Today

A civil society organisation, Centre for Reform and Public Advocacy, has explained why some governors of All Progressive Congress(APC) should be charged with the offence of Treason for giving a counter directive on Naira swap policy. This was contained in a statement released by the group Legal Adviser, Kalu Kalu Agu Esq, asserting that the governors’ attitudes contravene the provisions of the 1999 Constitution of Federal Republic Of Nigeria.

Kaduna State governor Nasir El-Rufai has dared President Muhammadu Buhari on the naira redesign policy, saying the old notes remain legal tender in the state. Buhari in a national broadcast on Thursday declared that old 500 and 1000 naira notes were no longer valid. He had asked Nigerians to take them to the Central Bank […]

Nigeria President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist. Buhari gave the directive to CBN in a national broadcast aired on national stations. The president said only the 200 old naira notes will continue […]

Nigerian President Muhammadu Buhari said on Thursday that old ₦‎500 and ₦‎1000 notes are no longer legal tender in the country. Buhari said this in a national broadcast aired on national stations. READ ALSO: Buhari orders CBN to release old ₦‎200 to coexist with new Naira notes He, however, directed the Central Bank of Nigeria […]

Some financial experts have commended President Muhammadu Buhari for approving the old N200 notes usage and coexist with the same redesigned denominated banknotes for 60 days. The old N200 banknotes will circulate as legal tender with the new N200, N500 and N1000 banknotes from Feb. 10 to April 10 when the old N200 notes cease […]

Drama as Edo Bayelsa, Rivers, other states join currency redesign suit against Federal Government and CBN at the Supreme Court

The Supreme Court on Wednesday adjourned hearing in a suit filed by Kaduna, Kogi and Zamfara states against the federal government seeking a restraining order to stop the full implementation of the naira redesign policy of the Central Bank of Nigeria (CBN) until Feb. 22.

The Supreme Court on Wednesday ruled that the old 200, 500 and 1000 naira notes are still recognised as legal tender in Nigeria. The apex court made this known while reinstating its order stopping the Nigerian government and its agencies from implementing the February 10 deadline. The court issued the clarification in response to a complaint by Abdulhakeem Mustapha (SAN), a lawyer for Kaduna, Kogi, and Zamfara states, that the Federal Government and its agencies had failed to comply with the ord...

The Supreme Court has adjourned the suit filed by state governments to challenge the naira redesign policy of the Central Bank of Nigeria (CBN). The Supreme Court adjourned the case till Wednesday, February 22 for a hearing of the consolidated suits by 10 states. READ ALSO: CBN delists old ‎200, ‎500, ‎1000 naira notes as […]

The Kaduna State Mediation Working Committee (KSMWC), has called on international partners and local civil society organizations to work hard toward