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The Supreme Court adjourned the case on the Central Bank of Nigeria's (CBN) Naira swap policy until February 22 to hear the consolidated suits filed by ten states. According to reports, the CBN originally set January 31 as the deadline for old notes to be removed from circulation, but extended it in response to public pressure. However, before the February 10 deadline, the states of Kogi, Kaduna, and Zamfara petitioned the Supreme Court, requesting that the CBN be restrained from enforcing the deadline....

NEWS FLASH: The Supreme Court has adjourned the Governor's suit over an old Naira note The Supreme Court adjourned the case on the Central Bank of Nigeria's (CBN) Naira swap policy until February 22 to hear the consolidated suit

Dapo Abiodun, the Executive Governor of Ogun State, has stated that his administration will not hesitate to close any commercial bank in the state that refuses to accept old naira notes. After hearing rumors that certain banks were refusing old notes from customers after the Central Bank of Nigeria's February 10 deadline, the governor issued a warning on February 14, 2023....

OGUN STATE: Gov. Dapo Abiodun intends to shut down commercial banks that refuse to accept old Naira notes Dapo Abiodun, the Executive Governor of Ogun State, has stated that his administration will not hesitate to close any commercial bank in the