Court fixes July 13 for judgment in Emefiele’s suit against FG
3 years agoThe apex bank recently extended the deadline for the swap of the newly designed N1,000, N500, and N200 notes from January 31st 2023 to 10th of February following an outcry from Nigerians. The Central Bank of Nigeria, Governor Godwin Emefiele appeared before the House of Representatives committee in Abuja, on the new naira redesign and swap policy on Tuesday, he said banks will still accept the old notes after the deadline. He said subject to Section 20, Subsection 3 of the CBN Act 2007 and even after the old currencies have lost legal tender status, the CBN will continue to accept the old notes. (Photo by Olukayode Jaiyeola/NurPhoto via Getty Images)
The High Court of the Federal Capital Territory (FCT), yesterday, reserved judgment in the enforcement of a fundamental rights suit filed by suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, till July 13.