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Tag: #old naira notes

Business Economy

CBN denies directing Banks to collect old N500, N1,000 notes

Iheanyi Ejiofor February 17, 2023 No Comments #CBN#old naira notes

Our reporter| The Central Bank of Nigeria (CBN) on Friday denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes.…

Read More CBN denies directing Banks to collect old N500, N1,000 notes
Business Economy

Buhari to extend validity of old naira notes till April 10 – Report

Iheanyi Ejiofor February 15, 2023 No Comments #Buhari#extension#old naira notes

President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands, according to TheCable report. This is to avoid disobeying the order of the…

Read More Buhari to extend validity of old naira notes till April 10 – Report
Business Economy headline

Old naira notes remain legal tender, says supreme court

Iheanyi Ejiofor February 15, 2023 No Comments #legal tender#old naira notes#Supreme court

Our reporter/ The supreme court on Wednesday reiterated it’s earlier ruling to the effect that the old Naira note is still a legal tender. Following the adjournment of the hearing…

Read More Old naira notes remain legal tender, says supreme court
Business Economy headline

Falana faults CBN over failure to obey s’court order on old naira notes deadline

Iheanyi Ejiofor February 14, 2023 No Comments #CBN#Naira redesign#old naira notes#Supreme courtFalana

Human rights lawyer, and Senior Advocate of Nigeria, Femi Falana has faulted the decision of the Central Bank of Nigeria (CBN) for flauting an order of the supreme court suspending…

Read More Falana faults CBN over failure to obey s’court order on old naira notes deadline
Business Economy headline

Emefiele dares supreme court, says February 10 old naira note deadline sacrosanct

Iheanyi Ejiofor February 14, 2023 No Comments #old naira notes#sacrosanct#Supreme courtemefiele

Our reporter| There is no going back on the February 10, 2023 deadline for the swapping of the old N1,000, N500, and N200 notes, The Central Bank of Nigeria (CBN),…

Read More Emefiele dares supreme court, says February 10 old naira note deadline sacrosanct

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