Supreme Court pauses own order extending FG, CBN ban duration on old naira notes; adjourns to February 22nd
Nigeria’s Supreme Court on Wednesday refused to renew its order extending the time within which the old Naira notes should
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Economy
New Naira Notes Scarcity: As quick fix, CBN considers printing abroad after Council of State stand ‘print more new or recirculate old’
The Central Bank of Nigeria (CBN) may resort to the printing of the redesigned N1,000, N500, and N200 notes in
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Protest in Abeokuta over scacity of new Naira notes
A protest broke out in Abeokuta the Ogun State capital on Tuesday when residents poured into the roads and streets
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14 Nigerian political parties threaten boycott of elections if CBN shifts Naira swap deadline again
Fourteen out of the 18 registered political parties in Nigeria have reportedly threatened to boycott the general elections if the
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Naira Scarcity: “So, we are watching, and we are monitoring very closely. I will call the House back, if need be”_ Gbajabiamila
The Speaker of the House of Representatives says the House will have no option but to reconvene before the February
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Bear with FG, Obi defends CBN’s redesign Naira scacity
The Labour Party Presidential candidate, Peter Obi, has appealed to Nigerians to endure the attendant hardship of the redesigned naira
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G7, EU, Australia settle on price caps for Russian oil
The Group of Seven nations, Australia, and the European Union have announced price caps on Russian oil products in an
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CBN Governor forcloses another extension of Naira swap deadline
The Governor of the Central Bank of Nigeria, Godwin Emefiele at a press briefing in Lagos Friday stated that there
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International rating agency Moody’s, downgrades nine Nigerian banks
An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating last
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Emefiele says banks will accept old notes after February 10 deadline, apologises to lawmakers for not honouring previous summons
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) says commercial banks will still accept old naira notes
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