
Godwin Emefiele







The Central Bank of Nigeria has revealed that the old naira note is no longer a legal tender which is why commercial banks are rejecting it from customers.

Godwin Emefiele, the governor of CBN, has gone against 2 constitutional report since he unveiled the new naira redesign, one of such is the supreme court ruling

President Muhammadu Buhari on Thursday, February 16, addressed Nigerians over the Naira redesign policy. Here is the full text of the president's broadcast.

Nigerians have continued to accept old naira notes despite the CBN deadline of February 10, 2023, disregarding a Supreme Court order suspending the deadline.

Fidelity Bank and other banks have issued deadlines to its customers to deposit their old notes on or before the time given by the Central Bank of Nigeria.

The Central Bank of Nigeria has listed other channels as means of transaction to avoid the current cash crunch experienced by Nigerians all over the country.

The Central Bank of Nigeria (CBN) has released what it termed abuse of naira notes including spraying, squeezing, money bouquets, and defacing, among others.

The Central Bank of Nigeria governor, Godwin Emefiele has said there no going back on the February 10 deadline set by CBN, stating that the situation is calm

In a ruling that would gladden the heat of Godwin Emefiele, AGF Malami, The Federal High Court, Awka has dismmised a suit filed against the CBN's naira policy.
Godwin Emefiele
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