The Council of State meeting, presided over by President Muhammadu Buhari on Friday, gave their support to the naira redesign policy but with a caveat that the Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, should make new Naira notes available or recirculate the old notes to ease
TOP STORIES
President Muhammmadu Buhari on Friday 10 February 2023 chaired the National Council of State meeting to address the current upheaval regarding the naira redesign and the currency swap. In attendance are the former Presidents Goodluck Jonathan; Yakubu Gowon, and Abdulsalami Abubakar as well as ex-President, Olusegun Obasanjo who attended virtually. Also present at the
The Federal Government has taken the decision to obey the ruling of the Supreme Court suspending the February 10 deadline given by the Central Bank of Nigeria, CBN on the exchange of naira notes. The Attorney General of the Federation, Abubakar Malami confirmed the development in an interview with Arise News on Thursday evening. He, […]
Surefooted and with eyes focussed on May 29 handover date, President Muhammadu Buhari, has approved the composition of a Presidential Transition Council to facilitate the exit process. The Council will manage the 2023 transition programme of handing power over to the winner of the February presidential 25 poll. The president signed an executive order number […]
The President Muhammadu Buhari, on Wednesday, met with the Governor of the Central Bank of Nigeria, Godwin Emefiele, at the State House, Abuja. The meeting, which happened shortly after this week’s Federal Executive Council meeting, comes hours after the Supreme Court restrained the Federal Government from implementing the February 10 deadline for the old 200, […]
The Supreme Court has issued an order of interim injunction restraining the Federal Government and the Central Bank of Nigeria (CBN) from enforcing the February 10 deadline for the phasing out of the old naira notes. A five-member panel of the court, led by Justice John Okoro hd that it was a matter of urgent […]








