Buhari orders CBN to make only old N200 note legal tender
President Muhammadu Buhari has ordered the Central Bank of Nigeria and by extension to accept only the old N200 notes as legal tender, ignoring the Supreme Court’s order.
Mr Buhari directed the CBN governor, Godwin Emefiele, to release more of the old N200 banknotes and the new N200 notes to the public.
The old N200 notes will be legal tender for 60 days.
The president made the announcement in a national broadcast on Thursday.
Details later.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Hot news Home top
Four children, one other die in Cross River landslide
CR-SEMA confirmed the casualties during a rapid assessment of the affected community on Saturday.
States
Gov Bago inaugurates school projects in Niger
Mr Bago described the intervention as critical, saying it complemented his administration’s commitment to expanding access to quality education.
States
Ekiti govt hails traditional rulers over improved security
Ms Afuye assured traditional rulers that Governor Biodun Oyebanji’s administration would continue to treat them with respect.
NationWide
World Population Day: UNFPA urges investments in young people’s choices, future
Ms Keita said fragile labour markets, widening inequalities, and prolonged conflicts had left many young people uncertain about achieving their aspirations.
Anti-Corruption
ICPC to arraign Enugu PDP governorship candidate Uche Nnaji over forged credentials
Mr Nnaji was arrested at the Nnamdi Azikiwe International Airport in Abuja on July 1.
Health
College of physicians demands sustainable funding, tech-driven training for health system
The college also directed consistent referral and feedback loops between facilities.
