HAUSA NEWS
YORUBA NEWS
IGBO NEWS

POPULAR THIS WEEK

No Content Available
FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Wednesday, May 21, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE
[adinserter block="17"]

BREAKING: Supreme Court stops FG on new naira notes

Adejayan Gbenga Gsong by Adejayan Gbenga Gsong
February 8, 2023
in BREAKING, National
Reading Time: 1 min read
A A
0
New notes

The Supreme Court has halted move by the Central Bank of Nigeria to stop the use of old N1000, N500 and N200, by February 10, 2023.

The court restrained the Federal Government from continuing with the full implementation of the demonetization policy.

Three northern states, Kaduna, Kogi and Zamfara, had, in a motion ex-parte filed on February 3rd, prayed the apex court to halt the Central Bank of Nigeria’s naira redesign policy.

A 7-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling, granted an interim injunction restraining the FG, CBN, commercial banks etc, from implementing the February 10 deadline for the old 200, 500 and 1000 Naira notes to stop being a legal tender.

READ ALSO

Scandal in Senate: Ezekwesili and getting caught in the web of sexual harassment imbroglio

Naira abuse: EFCC and selective enforcement of a law

2025 UTME Result: Our criminal neglect of education and aversion to excellence.

BREAKING: Despite public outrage, senate, reps ratify Tinubu’s State of Emergency in Rivers

The court further held that the FG, CBN, and commercial banks must not continue with the deadline pending the determination of a notice on notice in respect of the issue on February 15.
By the ruling, the old Naira notes continue to be legal tenders in Nigeria.

Discussion about this post

ADVERTISEMENT

LATEST

Scandal in Senate: Ezekwesili and getting caught in the web of sexual harassment imbroglio

May 9, 2025
A customer hands over bundles of 1000 Naira banknotes to a trader inside a market in Lagos, Nigeria, on Friday, April 22, 2022. Choked supply chains, partly due to Russias invasion of Ukraine, and an almost 100% increase in gasoline prices this year, are placing upward price pressures on Africas largest economy. Photographer: Damilola Onafuwa/Bloomberg via Getty Images

Naira abuse: EFCC and selective enforcement of a law

May 9, 2025

2025 UTME Result: Our criminal neglect of education and aversion to excellence.

May 9, 2025

VeryDarkMan traumatized after being beaten, blindfolded, arrested at gunpoint – Deji Adeyanju

May 3, 2025

Ibadan Stampede: Court strikes out murder charges against ex-Ooni’s wife, Oriyomi Hamzat

March 20, 2025
House of Representatives

BREAKING: Despite public outrage, senate, reps ratify Tinubu’s State of Emergency in Rivers

March 20, 2025
Load More
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName