Supreme Court Fixes March 3 for Judgement on Lawsuit Challenging Naira Redesign Policy of CBN

Supreme Court Fixes March 3 for Judgement on Lawsuit Challenging Naira Redesign Policy of CBN

The Supreme Court has announced its decision to deliver its judgment on the lawsuit against the Central Bank of Nigeria’s (CBN) Naira redesign policy on March 3. The announcement was made by a seven-member panel of the court on Wednesday. Kaduna, Kogi, and Zamfara initiated the suit before the Supreme Court, seeking to restrain the... Read More

Abubakar Malami, Attorney General of the Federation, Central Bank of Nigeria (CBN), Godwin Emefiele, Lawsuit, March 3rd, N1000, N200, N500, Naira redesign, President Muhammadu Buhari, supreme court

February 15, 2023

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 is against the Supreme Court’s stance, he stated, to reject the old N200, N500, and N1,000 notes. This was announced by the governor on Wednesday in... Read More

Babajide Sanwo-Olu, February 10th deadline, Governor, lagos state, N1000, N200, N500, Naira redesign, naira scarcity, old notes

February 14, 2023

Old naira notes are no longer legal tender – CBN warns Nigerians, Banks

Despite the Supreme Court’s decision prohibiting the apex bank from enforcing the February 10 expiration date for the old N200, N500, and N1,000 notes, the Central Bank of Nigeria has claimed that they are no longer lawful cash. This was made public on Monday by Haladu Idris Andaza, the branch controller for the CBN in... Read More

banks, Central Bank of Nigeria (CBN), Godwin Emefiele, legal tender, N1000, N200, N500, naira scarcity, old naira notes

November 23, 2022

Buhari unveils redesigned naira notes

President Muhammadu Buhari revealed the redesigned Naira banknotes suggested by the Central Bank of Nigeria on Wednesday (CBN). Mr. Godwin Emefiele, governor of the Central Bank of Nigeria, stated on Tuesday that the president will introduce the newly designed N1,000, N500, and N200 notes. The unveiling today marks the first time in 19 years, Nigeria... Read More

Buhari, Central Bank of Nigeria (CBN), Godwin Emefiele, N1000, N200, N500, naira notes, Naira redesign

November 16, 2022

Naira redesign may crash dollar to N200 – EFCC Chairman

According to Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), the dollar could fall to N200 following the redesign of naira notes. Bawa stated this in an interview with Deutsche Welle’s Hausa service on Wednesday. Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), revealed on October 26 the idea... Read More

Abdulrasheed Bawa, EFCC chairman, N200, Naira redesign

October 26, 2022

CBN To Redesign N200, N500 And N1,000 Notes; Top priority despite country’s rising inflation

The Central Bank of Nigeria (CBN) announced on Wednesday that the N200, N500, and N1,000 notes will be redesigned. This was stated by CBN Governor Godwin Emefiele during a special press briefing in Abuja. The new layout and issues will go into effect on December 15, 2022. According to the head of the CBN, the... Read More

Central Bank of Nigeria (CBN), Godwin Emefiele, N1000, N200, N500

February 7, 2017

We were given N200 to detonate explosives – suicide bomber

The Boko Haram bomber who was intercepted by the Nigeria Security and Civil Defence Corps (NSCDC) in Maiduguri on Tuesday has said she was given N200 for the mission. “They gave us N200 each which they said we should use to buy food for ourselves. “ It took us three days to come to Maiduguri... Read More

boko haram, explosives, N200, Suicide bomber

October 17, 2016

Police arrest 60-year-old man for raping mentally ill woman

The Ogun Police command has arrested a 60-year-old driver for allegedly raping a mentally ill woman, The Punch reports. The incident, which occurred in the Ifo area was uncovered when Abdullahi Muhammed caught Lawal Bankole having sex with his wife, Tope, on their matrimonial bed. According to Muhammed, Bankole took advantage of his wife’s illness... Read More

Abdullahi Muhammed, Abimbola Oyeyemi, Alleed rape, Lawal Bankole, N200, Ogun Police Command, Tope

February 23, 2014

Father from hell: Man arrested for selling 5-month-old daughter to ritualists

by ‘Jola Sotubo A man in Delta has been arrested by the police after it was alleged that he had sold his baby girl to ritualists. Christopher David, a carpenter in the Warri community, is said to have traded his 5 month old daughter for N200,000. The matter was reported to the police by the... Read More

000, 5 month old daughter, carpenter, Christopher David, Delta, N200, ritualists

February 10, 2014

‘I don’t take less than N200’ says Kano’s ‘first class’ beggar

by ‘Jola Sotubo If the popular saying is to be followed, then a beggar should have no choice but this does not apply in the case of Kano’s ‘first class’ beggar, Mallam Nuhu. Nuhu has been described as an imposing looking fellow who does not accept less than N200 from his benefactors as it would... Read More

Beggar, first class beggar, kano, Mallam Nuhu, N200

February 2, 2014