Naira
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Law Enforcement
EFCC Arraigns Man For Rejecting Naira As Legal Tender
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate, has arraigned Precious Chimaobi Uzondu for allegedly refusing to…
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Litigation
Court Dismisses Suit Challenging Arabic Inscriptions On Naira Notes
Justice Yellin Bogoro of the Federal High Court in Lagos dismissed a lawsuit filed by Lagos-based lawyer Malcom Omirhobo,…
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Litigation
Punishment For Naira Abuse: Between The ACJA And Judicial Discretion – By MBANG CONFIDENCE, ESQ
INTRODUCTION Recently, the enforcement of the law that criminalizes naira abuse has gained momentum. The Economic and Financial Crime Commission,…
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Metro News
Supreme Court Orders Old And New Naira Notes To Co-Exist Indefinitely
The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the…
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Metro News
Naira Now Exchanging At N1,040 To A Dollar In Parallel Market
The Naira is now exchanging at N1,040 to a Dollar in the parallel market. The ongoing trend of demand surpassing…
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Metro News
Naira Tumbles To All-Time Low Of N950/$ At Parallel Market
The Naira fell to an all-time low of N950 to a single dollar at the parallel market on Thursday afternoon.…
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Features
Nigerian Banks Can Now Trade Forex “Freely” – CBN
The central bank has authorized commercial banks and forex market dealers to sell foreign exchange freely at a market-determined rate.…
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Metro News
Report On Naira Devaluation Fake News- CBN
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira…
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Metro News
CBN Breaks Silence, Says Old N200, N500, N1,000 Notes Remain Legal Tender Till Dec 31
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till…
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Metro News
BREAKING: Emefiele Personally Confirmed To Me That He Has Authorized Use Of Old Notes- Soludo
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to…
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The Bench
Naira Redesign: Buhari Not In Breach Of Supreme Court Injunction – Malami
The Attorney General of the Federation and Minister of Justice, Abubakar Malami has said that President Muhammadu Buhari did not…
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Litigation
New Naira: Supreme Court Fixes March 3 For Judgement
The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. With the apex…
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Metro News
New Naira: FCT Lawyers Face Frustration Filing Proceedings
Lawyers and litigants in the Federal Capital Territory, Abuja, have expressed frustration over their inability to file court proceedings as…
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Metro News
Registry Allegedly Rejects Old Naira Notes For Filing Of Court Processes
Lawyers and litigants were shocked, yesterday, when court officials refused them filling processes with old naira notes. They were turned…
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Metro News
Court Remands Actress In Kirikiri For Tampering With New Naira Notes
A Federal High Court sitting in Ikoyi, Lagos has ordered the remand of an actress, Oluwadarasimi Omoseyin, at the Kirikiri…
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Politics
13 Parties’ Threaten To Pull Out Of 2023 Elections Over Naira Redesign
“Thirteen” out of the 18 political parties in Nigeria have threatened to withdraw from the February 25 and March 11…
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