By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Naira Redesign Policy: Supreme Court Suspends CBN’s Feb. 10 Deadline
Share
Sign In
Notification Show More
Latest News
Police Apprehend Alleged Money Doubler for Defrauding Businessman of N70 Million
Crime Metro News
Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News
Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors
Business Environment Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > News > Naira Redesign Policy: Supreme Court Suspends CBN’s Feb. 10 Deadline
News

Naira Redesign Policy: Supreme Court Suspends CBN’s Feb. 10 Deadline

Publisher
By Publisher Published February 8, 2023
Share
1 Min Read
SHARE

Naira Redesign Policy: Supreme Court Suspends CBN’s Feb. 10 Deadline

- Advertisement -
Ad image

 

The Supreme Court of Nigeria has restrained the Federal Government from continuing with the full implementation of the demonitization policy.
Three States of Northern extraction, namely, 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 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.
The court further held that the FG, CBN, commercial banks etc must not continue with the deadline pending the determination of a notice on notice on in respect of the issue on February 15.
By the ruling, the old Naira notes continue to be legal tenders in Nigeria.

Like this:

Like Loading...

Related

You Might Also Like

Police Apprehend Alleged Money Doubler for Defrauding Businessman of N70 Million

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher February 8, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article IGP Orders Posting, Redeployment Of DIGs, CPs, To Various Commands, Formations
Next Article International Communities Concerned About 2023 Elections – Obasanjo
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Police Apprehend Alleged Money Doubler for Defrauding Businessman of N70 Million
Crime Metro News June 2, 2025
Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News June 1, 2025
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News June 1, 2025
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News June 1, 2025

You Might also Like

CrimeMetroNews

Police Apprehend Alleged Money Doubler for Defrauding Businessman of N70 Million

June 2, 2025
Civil Society OrganisationsEnvironmentMetroNews

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

June 1, 2025
Legal/CourtsMetroNews

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

June 1, 2025
MetroNews

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

June 1, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d