The Jigawa State Government has said the old naira notes remain legal tender in the state pending the judgment of the Supreme Court. The state Commissioner for Information, Youths Sports and Culture, Ibrahim Mamsa, stated this in a statement issued late Thursday. This is coming despite the position of the President, Major General Muhammadu Buhari…
The Supreme Court of Nigeria has temporarily halted the move by the Federal government to ban the use of the old N200, N500 and N1000 notes as legal tenders from February 10. The Supreme court gave the order while delivering judgment in the exparte application filed before it by the Kaduna, Zamfara, and Kogi state…
The CBN warned in Abuja on Tuesday that those abusing the naira were liable to go to jail. It warned that the law banning the “spraying’’ and the stepping on the naira, especially at social gatherings is still in force and offenders are liable to six months imprisonment or a fine of N50,000. The News…
