There have been widespread protests in some states following the implementation of the Central Bank of Nigeria policy.
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Shortly after information filtered in that the CBN has directed the acceptance of the notes, it disowned the information.
The directive came on a day more protests attended the new cashless policy.
The development was confirmed by the spokesman of the Lagos State Police Command, Benjamin Hundeyin, on Friday
The seasoned journalist gave the details of what the CBN governor said in his weekly column on Friday (today).
Former President Obasanjo has been one of the most stringent critics of the Buhari Administration over the years.
Being the full text of the speech of President Muhammadu Buhari on the naira redesign policy of the Central Bank of Nigeria
President Buhari gave the approval in a nationwide broadcast on Thursday in Abuja following protests in some states
According to an exclusive report by TheCable, the decision is to avoid disobeying the order of the Supreme Court of Nigeria which ruled that the old N1,000, N500 and N200 notes remain valid until it delivers judgment in the case filed by some states against the Federal Government.
The residents spread across six streets: Aduke Odekunle, Aina, Ambali, Banjo Owoyele, Morenike and Wole Bamiduro.
The warning came on a day the Supreme Court declared the old Naira notes as still valid for business transactions
The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara States, Abdulhakeem Mustapha
The protesters went on rampage following the scarcity occasioned by the redesign of the N200, N500 and N1,000 notes
The suit was initially adjourned by the apex court till today on February 8, 2023, with all parties involved present
The Zamfara, Kaduna and Kogi States Government had approached the Supreme Court of Nigeria over the issue
Emefiele made the allegation Tuesday while briefing the Diplomatic Community in Abuja on the recent Monetary policy of the CBN
The Branch Controller, CBN, Bauchi, Haladu Idris Andaza, made this known on Monday when he briefed newsmen
The Council, made up of former leaders of the country, was convened by President Muhammadu Buhari on Friday
S-s-s-s-s-h, s-i-l-e-n-c-e! It’s election season, the forest is buzzing with a frenzy; demons are on the prowl, campaigning.
Chief Adesina made this known in his weekly column, where he revealed how spent N20,000 for over one week