The Governor of Central Bank, Godwin Emefiele no doubt became a prominent and frequent visitor to the Seat of Power in Aso- Rock,Abuja in the wake of the Naira Redesign Policy. In the heat of the New Naira Notes crisis,Emefiele continued to have the ears of Aso Rock,despite the alleged attempts of the Department ofContinue reading “Buhari- Emefiele Romance Heading For The Rocks?”
Tag Archives: Godwin Emefiele
CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender”
The central bank of Nigeria, CBN has broken it’s silence on the use of all old naira notes, few hours after the presidency said it did not tell the Apex bank to disobey court orders. A statement by the CBN’sAg. Director, Corporate Communications,Isa AbdulMumin says Old N200, N500, and N1,000 banknotes Remain Legal Tender .TheContinue reading “CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender””
“Recirculate Old 200 Notes For 60 More Days” Buhari To CBN. * Directive Overrules Supreme Court’s Injunction !
President Muhammadu buhari has directed the Central bank of Nigeria (CBN) to release the old N200 bank notes back into circulation as legal tender for 60 days from February 10, 2023 to April 10 2023 when it will cease to be legal tender. The President who gave the directive during a Nationwide broadcast to theContinue reading ““Recirculate Old 200 Notes For 60 More Days” Buhari To CBN. * Directive Overrules Supreme Court’s Injunction !”
Just In…Old Naira Notes Can Be Redeemed After Feb 10 Deadline- Emefiele.
The Central Bank Governor, Godwin Emefiele has said banks would continue to receive old naira notes and swap them fir new ones after they stopped being legal tender on February 10. The CBN boss said this is in conformity with the provisions of section 20 sub-section3 of the CBN Act. He made the clarification onContinue reading “Just In…Old Naira Notes Can Be Redeemed After Feb 10 Deadline- Emefiele.”