Business
BREAKING: Supreme Court Declares Old N200, N500, N1000 Notes Valid Till Dec 31
Supreme Court of Nigeria has on Friday March 3 declared that old N200, N500 and N1000 notes valid legal tenders.
Supreme Court of Nigeria has on Friday March 3 declared that old N200, N500 and N1000 notes valid legal tenders.
This Online Newspaper reports that the court in its judgment said even though President Muhammadu Buhari has the executive power, it is against the constitution to introduce the demonization policy, without due consultation with the Council of States, the Federal Executive Council, the Civil Society and other relevant stakeholders.
DON’T MISS: CBN Directs Banks To Collect Old N500, N1000 Notes
The presiding judge of the seven-member panel of justice of the court, Justice Emmanuel Agim said “there is no justification to the limitation of money in circulation and the disobedience of president Buhari is a sign of failure of our democracy.”
It therefore concluded that the old naira bank notes should remain valid till December 31 2023 and should used together with new naira notes.
Joe Igbokwe Warns FG Against Releasing Nnamdi Kanu, Says IPOB Leader ‘Does Not Deserve Pardon’
APC chieftain, Joe Igbokwe, has urged the Federal Government not to release IPOB leader, Nnamdi Kanu, insisting he does not...
BREAKING: Venezuela’s Opposition Leader Maria Corina Machado Wins 2025 Nobel Peace Prize, Trump Misses Out
Venezuelan opposition leader Maria Corina Machado has won the 2025 Nobel Peace Prize for her fight to restore democracy in...
Why I Chose Prof. Joash Amupitan as INEC Chairman – Tinubu
President Bola Tinubu has explained that his choice of Professor Joash Amupitan (SAN) as the new INEC Chairman was based...
FG Gives Fresh Update on Ongoing Negotiation with ASUU
The Federal Government says negotiations with ASUU are making steady progress, with a counteroffer expected soon.
Meet the New INEC Chairman, Prof. Joash Amupitan: All You Need to Know
President Bola Tinubu has nominated Prof. Joash Ojo Amupitan (SAN), a seasoned law scholar from Kogi State, as the new...
BREAKING: Council of State Backs Tinubu’s Nominee, Prof. Amupitan, as New INEC Chairman
The Council of State has approved President Tinubu’s nomination of Prof. Joash Amupitan (SAN) as INEC Chairman, pending Senate confirmation.
Emefiele’s Fraud Trial Stalls as Defence, EFCC Clash Over Forensic Access to iPhone Evidence
The fraud trial of former CBN Governor Godwin Emefiele stalled in Lagos after his lawyers accused the EFCC of blocking...
BREAKING: Tinubu Seeks National Assembly Approval to Borrow Fresh $2.35bn
President Bola Tinubu has asked the National Assembly to approve a fresh $2.35 billion external loan...
BREAKING: Senate Approves 10-Year Passport Ban For Nigerians Convicted Abroad
The Senate has advanced a bill seeking to withdraw the passports of Nigerians convicted abroad for 10 years.
Immigration Officer’s Wife Abducted in Lagos, Kidnappers Demand N7m Ransom
The Nigeria Immigration Service (NIS), Seme Command in Badagry, Lagos State, has confirmed the abduction of Mrs. Ladi Abel, the...