CBN’s branch controller in Bauchi Haladu Idris Andaza made the declaration while briefing journalists on Monday in Bauchi.from implementing the February 10 deadline to stop the circulation of the old naira notes.“For the avoidance of doubt, CBN is ready and is open to receiving all of those old notes based on certain conditions and criteria.
“Customers are free to come to the bank and deposit, which they cannot do at the commercial banks anymore because the currency has ceased to be a legal tender since the 10th of this month,” he stated.deposits from customers in Ilorin, the capital of Kwara State. Similarly, Nigerians in Delta, FCT, Lagos, Edo and other parts of the country have also lamented that transporters are not accepting the old banknotes.
Na waw
On the 15th, the Supreme court will adjourn the case until June this year. The next President will then decide whether to continue with it or reverse the policy.
The weakness of the judiciary on full display.
Court prevented DSS from arresting Emiefele, what will happen now? Will court order his arrest? Fingers crossed.
APC vs APC. We shall the end tomorrow 15th February, 2023.
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Old naira notes: Falana faults CBN over failure to obey s'court order | TheCableFemi Falana has faulted the Central Bank of Nigeria (CBN) for failing to obey an order of the supreme court suspending the implementation... Supreme Court is not worth obeying on that matter -- naira swap. This country is no more national but state of eldorado. What a shame! Keep quiet! Frustrated&Confused lawyer. How dare u deliberately misinterpreting d constitutional provisions of currency management when u hv known that judiciary & financial agencies has no constitutional jurisdictions to halt GodwinIEmefiele? Only the President hv such powers.
Source: thecableng - 🏆 2. / 80 Read more »
New naira: Falana knocks CBN for disobeying Supreme Court orderRights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria for allegedly flouting the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes. Falana shouldn’t be calling out CBN , he should focus on the President. Buhari is the one calling the shots. Why can’t there be a press conference from the President explaining to people in real time on what he’s doing to arresting this crisis. None! Falana , please! If making 500k monthly using your smart phone is what you desire either as a Business owner or 9-5 worker. Read my Pinned tweet MusahPreciouz Wahala be redesign of new naria notes, sick and tired of shifting deadline.
Source: MobilePunch - 🏆 8. / 63 Read more »
Confusion As Nigerian Banks Reject Old Naira Notes Despite Supreme Court Ruling | Sahara ReportersMost banks customers were confused on Monday as commercial banks rejected the old Naira notes they wanted to deposit. This is despite a Supreme Court ruling stopping the Central Bank of Nigeria (CBN) from implementing the February 10, 2023 deadline for swapping of old Naira notes for the newly redesigned Naira notes. Why do I have the feeling that that the banks and Central Bank wants to frustrate the people into taking to the streets in protest? Who's trying to manipulate the system? There's this thinking in Nigeria that the supreme court can tell others what to do, I'm not sure that's the case. Lol. Does Buhari respect Supreme Court judgements? If He did, Nnamdi Kanu would be a free man today.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Courts In Lagos Disobey Supreme Court Ruling, Reject Old Naira Notes For Processing Fees | Sahara ReportersThere was drama on Monday at the High Courts in Lagos State as lawyers and litigants could not file their court processes using the old naira notes for payment because the court officials rejected the notes, saying the banks no longer accept them as legal tender. The development adds another wrinkle to the country's lingering naira crisis. jidesanwoolu pls order the closure of any store or bank rejecting old notes Where is the law here everybody just Dey use thier power Abeg this country is long gone 😂😂😂😂 when you think you have seen it all.
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Businesses in FCT defy Supreme Court, reject old nairaSome businesses in Abuja, the Federal Capital Territory, are rejecting the old naira notes despite a Supreme Court order temporarily halting the ban on Good news
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Despite Supreme Court Order, Banks Reject Old Notes in Ondo – THISDAYLIVEO ya see something 🤩😍💪❤️💃💃💃peter in computer village best video shot💯✔️
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