Jubilation as Supreme Court Finally Gives Judgment in Naira Redesign Suit against FG/CBN: Live Updates

3 Mar 2023 at 12:19 PM by Nurudeen Lawal

Supreme court nullifies naira redesign policy

It's official! We now have a judgement. The Supreme Court has invalidated the CBN's naira redesign policy.

The much-awaited judgement comes on Friday, March 3.

A seven-member panel of the apex court held that the old N200, N500 and N1000 remain valid legal tender until December 31, 2023.

3 Mar 2023 at 12:09 PM by Nurudeen Lawal

Another governor arrives Supreme Court

Zamfara State Governor, Bello Matawalle has also arrived the Supreme Court for the crucial verdict.

3 Mar 2023 at 10:13 AM by Nurudeen Lawal

Governors El-Rufai, Yahaya Bello Arrive Supreme Court

At least two state governors, Nasir El-Rufai of Kaduna and Yahaya Bello of Kogi are present in the court.

Recall that the two governors were also in attendance at the last sitting of the apex court on the controversial naira redesign policy.

3 Mar 2023 at 9:34 AM by Nurudeen Lawal

Naira redesign: Supreme Court shifts judgment to 10am

There is a new development. The Supreme Court has shifted the delivery of its judgment to 10am.

This was announced by an official of the court. Note that 9am usual sitting time of the court.