Business
Buhari, Emefiele meet again ahead of Supreme Court judgment
President Muhammad Buhari on Monday again had a meeting with the Central Bank of Nigeria governor, Godwin Emefiele at the Aso Rock Villa, Abuja.
This is about the fifth time the CBN boss and the president have met since the announcement by the CBN that it would redesign the country’s highest currency notes.
The Monday meeting took place around 1:00pm, shortly after the President returned from the Police Force Headquarters, where he had unveiled some patrol vehicles to be deployed for the 2023 general elections.
The meeting is also coming ahead of a ruling expected from the Supreme Court in a suit filed against the Federal Government over the decision of the CBN to end the use of old N200, N500 and N1000 notes.
READ ALSO: Fani-Kayode slams Emefiele as Naira crunch persists
The suit was filed by the state governments of Kaduna, Kogi and Zamfara for the apex court to deter the apex bank from implementing the February 10 deadline for use of the old naira notes.
The Supreme Court had canceled the CBN deadline and asked all parties to maintain status quo pending its ruling fixed for February 15.
A number of other state governments had also filed similar suits against the decision of the CBN to redesign the nation’s naira notes and fix a deadline for their usage.
Emefiele, however, refused to tell reporters the details or outcome of his meeting with the president when they approached him after the meeting.
-
Featured6 days agoOsun 2026: What the battle could signal for 2027 general elections
-
Business1 week agoOPay transactions surge 115% to $358bn as Fintech eyes $4bn US IPO
-
Business1 week agoWho is really benefiting from Nigeria’s economic reforms?
-
Featured6 days agoOsun Election: How poverty turns ₦20,000 into a powerful vote-buying tool
-
Latest6 days agoCoca-Cola faces backlash over alleged AI filter blocking Christian messages
-
Business1 week agoDeep offshore tax order to unlock $50bn investment, boost oil output–Ojulari
-
Business1 week agoPound climbs to N1,837 as Naira holds steady amid stronger FX market liquidity
-
Latest6 days agoOsun poll: Chaos in Ejigbo as voters, INEC officials run for safety


