Naira Redesign

February 15, (THEWILL) - Forget the loud noises about who is more corrupt amongst the three leading contenders for the office of the president of Nigeria from 29 May – Asiwaju Bola Tinubu of All Progressives Congress, APC,...

February 14, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday, blamed "pervasive incidences of hoarding and predatory activities of some vendors and unscrupulous Nigerians", for the hardship experienced by citizens, following the Naira Redesign policy. CBN Governor, Godwin...

February 14, (THEWILL) - The Ogun State government has filed an application at the Supreme Court of Nigeria, seeking to join Kaduna, Kogi and Zamfara States, in a suit against the Federal Government of Nigeria, over the demonetisation policy,...

February 14, (THEWILL) - The Central Bank of Nigeria (CBN)  has said that there was no need to shift the February 10, 2023 deadline of the old N200, N500 and N1000 banknotes. Recall that the apex bank had fixed February...

The National Council of State has backed the redesigned Naira Policy of the Central Bank of Nigeria (CBN). The Council, however, urged the Central Bank of Nigeria (CBN) to either intensify the printing of new notes or recirculate the old...

February 10, (THEWILL) - The Kano State Government has filed a suit before the Supreme Court against the Federal Government of Nigeria, in respect of the Naira redesign policy of the Central Bank of Nigeria (CBN). In a suit numbered...

February 09, (THEWILL) - The Edo State Government has distanced itself from the comments and moves by the Governor of Kaduna State, Nasir El-Rufai and some other governors against the currency swap policy of the Central Bank of Nigeria...

February 09, (THEWILL) - The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), has filed a preliminary objection against a suit challenging the Central Bank of Nigeria (CBN)'s deadline to stop the use of...

February 08, (THEWILL)  -The Civil Society Central Coordinating Council (CSCCC), has rejected a ruling of the Supreme Court of Nigeria, restraining the Central Bank Of Nigeria (CBN) and President Muhammadu Buhari from implementing the February 10 deadline to phase...

February 08, (THEWILL) - With the recent discovery of caches of the redesigned naira notes with unbroken wrappers inside Automated Teller Machines, ATMs, making it impossible for cash to be dispensed and revelations that stacks of redesigned naira...