Naira redesign: Ekiti joins suit, urges S/Court to stop implementation of policy

The Ekiti State Government has applied to be joined as a Co-Plaintiff in a suit against the Federal Government at the Supreme Court of Nigeria on the Naira redesign policy and the deadline issued by the Central Bank of Nigeria (CBN) for the swap of old notes for new ones. Ekiti State Attorney General and […]

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Malami Asks Supreme Court to Dismiss Suit on Naira Swap

The Attorney-General of the Federation (AGF), Abubakar Malami, on Wednesday asked the Supreme Court to dismiss a suit filed by three state governments challenging the naira redesign policy of the Central Bank of Nigeria (CBN), reports Channels TV. In a preliminary objection submitted by the AGF through his lawyers, Mahmud Magaji and Tijanni Gazali, the […]

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Supreme Court suspends CBN deadline on old, new naira notes swap

The Supreme Court on Wednesday ordered the suspension of the deadline for the swapping of old to new naira notes by the Central Bank of Nigeria (CBN).

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Kaduna, Zamfara and Kogi Govts drag FG to court over Naira Redesign

Governments of Kaduna, Kogi and Zamfara states, worried over the lingering naira scarcity due to the CBN’s naira redesign policy have dragged the Federal Government before the Supreme Court seeking a restraining order to stop the full implementation of the policy. In a motion ex-parte filed on their behalf by their lawyer, AbdulHakeem Uthman Mustapha […]

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