Tag: February 10th deadline

Reject Old Naira and Face Prosecution – Sanwo-Olu Warns

Governor Babajide Sanwo-Olu of Lagos State has issued a warning to people who continue to refuse old naira notes, saying they will be prosecuted if they do not stop. It…

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FG to make decision on old notes deadline today

There will be an announcement about the president's position on the expiration of the old naira notes today. Three state governments—Zamfara, Kaduna, and Kogi—had petitioned the Supreme Court to prevent…

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Niger becomes fifth state to sue FG over naira redesign policy

The Niger state government has launched a lawsuit against the federal government over the Central Bank of Nigeria's re-design of the naira. Niger is the fifth state to file a…

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JUST IN: Supreme Court restrains CBN from implementing deadline for old naira notes

The Supreme Court of Nigeria has prohibited the Federal Government from enforcing the February 10 deadline for the demonetization of the old 200, 500, and 1000 naira notes. In an…

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13 Parties threaten to withdraw from 2023 elections if CBN shifts new naira deadline

In response to the Central Bank of Nigeria's currency redesign strategy, "thirteen" of Nigeria's 18 political parties have vowed to sit out the next general elections on February 25 and…

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Atiku blames Tinubu for new notes shortage; Nigerians need cash now – Osinbajo laments naira scarcity | 5 Things That Should Matter Today

Atiku blames Tinubu for new notes shortage APC supporters clash at national secretariat We have no plans to extend Feb 10 deadline for old naira notes - CBN Tension in…

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CBN orders banks to pay new naira notes over the counter — N20k maximum

The Central Bank of Nigeria (CBN) has instructed commercial banks to begin providing the redesigned naira notes to customers over the counter. In a statement released on Thursday, the Central…

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Banks will accept old notes after deadline – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria, informed the House of Representatives on Tuesday that commercial banks in Nigeria will continue to accept old naira bills from customers…

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