Ten states have called for Supreme Court intervention to nullify Buhari’s directive on new naira notes. The states have asked the apex court to declare the new directive “unconstitutional.” President Buhari had directed the Central Bank of Nigeria to recirculate only the old N200 notes. EKO HOT BLOG reports that a request has been made … Read more
CBN has unveiled the security features of the new naira notes. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has released the security features of the new Naira notes. EDITOR’S PICKS [JUST IN] Yuletide: Police Ban Open Street Carnivals In Osun BREAKING: Ramaphosa Re-elected As South African President Govt Shuts Down Over … Read more
Emefiele has refused to appear before reps over cash withdrawal limits. EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday failed to honour the invitation by members of the House of Representatives to explain the proposed cash withdrawal limit policy. This will be the second time … Read more
Senate has postponed the hearing of a committee’s report on CBN’s cash withdrawal policy. EKO HOT BLOG reports that the Nigerian Senate has shifted its debate on the Central Bank of Nigeria’s (CBN) new policy on cash withdrawals till Wednesday, December 14, 2022. The Senate said the postponement was over the absence of the Chairman … Read more
Reps have asked the CBN to suspend the new cash withdrawal policy. EKO HOT BLOG reports that the House of Reps on Thursday asked the CBN to suspend the new cash withdrawal policy. The House also summoned CBN Governor Godwin Emiefele in accordance with the provisions of the Central Bank Act to brief the Chamber … Read more