The Supreme Court has adjourned the Naira swap suit against the Federal Government. The court has fixed March 3rd for judgement. The federal government’s Naira swap policy is being legally challenged by the state governments of Kaduna, Kogi, Zamfara, and others. EKO HOT BLOG reports that the Supreme Court has adjourned Judgement on a suit … Read more
The Supreme Court has upheld the validity of old naira notes as legal tender. The court issued the ruling on Wednesday in response to a lawyer’s complaint. The Court, however, fixed February 22 for hearing the suit filed by Kaduna, Kogi, and Zamfara states challenging the propriety of the naira swap policy of the Federal … Read more
The CBN has been told to shun the Supreme Court ruling on the use of old naira notes. The apex court had, in the judgement, annulled the CBN deadline of February 10. Reacting to the development, Farotimi suggested that the CBN ignore the Court ruling through ex parte order. EKO HOT BLOG reports that a … Read more