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Lagos State Governor, Babajide Sanwo Olu, has directed residents of the State to go ahead and have transactions with the old Naira notes, saying residents should use the old notes for commercial purposes without any restraint. Sanwo-Olu gave the directive in a letter he wrote and addressed to residents on Monday. The governor said his […]
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Governor Nasir El-Rufai of Kaduna state said no incoming President or Governor of Central Bank of Nigeria (CBN) can upturn the current ruling of the Supreme Court on the old naira notes. El-Rufai stated this while speaking with news men after the judgement of the apex court on the old naira note on Friday. He […]
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The Supreme Court on Friday ordered that the old naira notes must remain in circulation till December 31 this year. The apex court ordered the Central Bank of Nigeria CBN to allow both the old naira notes and the new ones to circulate side by side till the end of the year. All directives issued […]
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Human Rights Lawyer, Dr. Monday Ubani has said that the reintroduction of the old N200 notes into the Nigerian economy by President Muhammadu Buhari is an overruling of the Supreme Court order that says old notes remain a legal tender. The President in an address on Thursday ordered the CBN to recirculate the old N200 […]
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President Muhammadu Buhari on Thursday morning in his nationwide broadcast said that the Naira redesign policy has to a reasonable extent been able to curb money politics ahead of the February 25 election. President Buhari also charged the electorate to go out to vote for candidates of their choice without fear, saying that adequate security […]
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Against the backdrop of confusion over the execution of the Supreme Court order to stand down the deadline for acceptance of the old Naira banknote, Nigeria’s leading retailer, Shoprite, has stopped accepting the old notes in payment for purchases at its shops. Staff at the Shoprite Ikeja Mall, who confirmed this to Vanguard said that […]
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The Federal Government has described the current hardship faced by Nigerians over the redesign of the new naira note as necessary ‘pain’ to curb endemic corruption and grow the nation’s economy. The Minister of Finance, Budget, and National Planning Zainab Ahmed stated this during the weekly ministerial briefing at the State House in Abuja on […]
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Governor Abdullahi Umar Ganduje, yesterday, announced the postponement of President Muhammadu Buhari’s visit to Kano State to commission some projects, citing security reasons but interpreted in some quarters as a move to avoid a repeat of last Thursday’s protest by some Katsina residents to register their displeasure over the difficulties ongoing currency swap is causing […]
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