Thursday, July 9, 2026

Section 20(3) of the CBN Act 2007

February 16, 2023

Naira Scarcity: Buhari says he respects rule of law but won’t obey Supreme Court order

As an administration that respects the rule of law, I have also noted that the subject matter is before the courts of our land and some pronouncements have been made.

President Muhammadu Buhari, Vice President Yemi Osinbajo, and CBN Governor, Godwin Emefiele
February 8, 2023

Supreme Court stops CBN’s withdrawal of old naira notes

The February 10 deadline to withdraw the old N200, N500 and N1,000 banknotes has caused chaos across Nigeria.

The Supreme Court of Nigeria
February 6, 2023

Naira Deadline: El-Rufai, Matawalle, Bello take CBN, Buhari regime to Supreme Court

Buhari regime is accused of failing to fulfill its responsibility to facilitate a seamless transition of the banknotes.

Nasir El-Rufai , Bello Matawalle and Yahaya Bello