Old Naira Notes

Old Naira Notes to Stay in Circulation Until December 2023, Supreme Court says

Leave a Comment / National News / By

In a landmark decision on Friday, the Supreme Court ordered that old N200, N500, and N1,000 notes remain in circulation until December 31, 2023. The apex court also nullified the Federal Government’s naira redesign policy, declaring it an affront to the 1999 Constitution. Justice Emmanuel Agim read the lead judgment, stating that the court had …

Old Naira Notes to Stay in Circulation Until December 2023, Supreme Court says Read More »

Nigeria’s President Buhari Approves Use of Old ₦200 Notes as Legal Tender Amidst Cash Scarcity

Leave a Comment / National News / By

In a bid to alleviate the supply strain on Nigerians, President Muhammadu Buhari has authorized the usage of old ₦200 notes as legal tender until April 10, 2023. During a national broadcast on Thursday morning, the president disclosed that he had granted the Central Bank of Nigeria (CBN) approval to allow the old ₦200 banknotes …

Nigeria’s President Buhari Approves Use of Old ₦200 Notes as Legal Tender Amidst Cash Scarcity Read More »

Cash Scarcity Sparks Serious Protest at Ring Road by Central Bank of Nigeria Benin.

Leave a Comment / National News / By

Central Bank of Nigeria in Benin due to the recent scarcity of cash in the region. The protest has caused traffic congestion in the area and attracted a significant number of participants. According to sources, the protesters are expressing their dissatisfaction with the bank’s handling of the cash shortage, which has caused significant inconvenience to …

Cash Scarcity Sparks Serious Protest at Ring Road by Central Bank of Nigeria Benin. Read More »

Scroll to Top