The governments of Kaduna, Kogi and Zamfara States have filed a contempt proceeding against the Attorney General of the Federation (AGF), Mallam Abubakar Malami and the Governor of Central Bank of Nigeria, Mr Godwin Emefiele, for failing to comply with the order of the Supreme Court suspending the ban on the old N200, N500 and N1,000 notes. A fresh proceeding …

The National Chairman of the All Progressives Congress (APC), Senator Abdullahi Adamu and the Progressive Governors Forum (PGF) on Sunday called for compliance by the Federal Government to the Supreme Court order on the controversial naira swap policy. The call came on the heels of a meeting between Adamu and the APC governors in Abuja over a policy that seemingly deepens …

Ten states have asked the Supreme Court to declare the new directive of President Muhammadu Buhari, reintroducing the old N200 notes and declaring old N500 and N1,000 notes as unconstitutional. On Thursday, President Buhari directed the Central Bank of Nigeria (CBN) to re-circulate only the old N200 notes. This is after the apex court did not vacate the order that …

The Jigawa State Government has vowed to enforce the Supreme Court order restraining the Federal government from banning the old naira notes as legal tender. This was contained in a public notice made available to newsmen by the Jigawa State Commissioner for Special Duties Auwal Sankara. According to the public notice, commercial banks, corporate organisations, ministries, agencies, and traders must …

Lagos State Attorney-General and Commissioner for Justice, Mr Moyosore Onigbanjo has said that the rejection of the old Naira notes is contrary to the Supreme Court’s stand.  As guest on TVC Business Show aired on Thursday, Onigbanjo, who is a Senior Advocate of Nigeria, said that petrol stations, banks and others who reject the old notes could be prosecuted.   …

The Supreme Court this morning adjourned hearing till 22 February in a suit filed by Kaduna, Kogi and Zamfara States against the Federal Government seeking a restraining order to stop the full implementation of the Naira redesign policy of the Central Bank of Nigeria (CBN). Last Wednesday, the apex court had restrained the Federal Government from implementing the 10 February …

The Supreme Court has restrained the Federal Government from implementing the 10 February deadline of the old N200, N500 and N1,000 notes to stop being legal tender. Three states — Kaduna, Kogi and Zamfara — had in a motion ex-parte filed on 3 February, prayed the apex court to halt the Central Bank of Nigeria (CBN) Naira redesign policy. In …

A High Court of the Federal Capital Territory (FCT) on Monday issued an interim injunction stopping the Federal Government from extending the 10 February deadline for the phaseout of the old Naira notes. The court ruled on an application by four political parties – Action Alliance (AA), Action Peoples Party (APP), Allied Peoples Movement (APM), and National Rescue Movement (NRM). …

Three states – Kaduna, Kogi and Zamfara – have dragged the Federal Government to the Supreme Court seeking a restraining order to stop the full implementation of the Naira redesign policy of the Central Bank of Nigeria (CBN). In a motion ex-parte filed before the court, the three states are praying the court to grant an interim injunction stopping the …

The Supreme Court has upheld the Court of Appeal judgment which awarded the Abia Central senatorial district ticket of the All Progressives Congress (APC) to Hon. Samuel Ifeanyi Onuigbo. This follows two appeal judgment delivered by the apex court in Abuja on Friday. Both appeals were filed by Hon. Emeka Atuma, and they both went in favour of Onuigbo. Affirming …