New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN - Politics

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New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN - Politics - Nairaland

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New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by References1: 7:07pm On Mar 04, 2023

For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal tender until December 31, the Central Bank of Nigeria (CBN) has refused to speak on the judgement.

On Saturday, an official of the CBN told The Nation that the communications department has not been informed of any new developments on the Supreme Court judgement.

Asked when the CBN will start releasing cash to banks, the official replied they “don’t have that information”.

The Supreme Court on Friday ruled that the old bank notes will remain as legal tenders while also declaring that the N20,000 withdrawal limit set by the apex bank was illegal.

Without any official pronouncement from the CBN, Deposit Money Banks (DMBs) cannot act outside the last instruction by the apex bank that N20,000 will be the withdrawal limit for individual account holders.

The latest withdrawal threshold, The Nation learnt, has put doubts in the minds of many Nigerians who prefer to save their money outside the banking system.

Asked if the Supreme Court judgement describing the N20,000 withdrawal limit as illegal will negatively impact the CBN’s cashless policy, another official of the CBN said: “The cashless policy has been in operation since 2012 and many Nigerians are already keying into the idea”.

https://thenationonlineng.net/no-information-on-supreme-court-ruling-says-cbn/

23 Likes 3 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Sammy07: 7:09pm On Mar 04, 2023

May 30th, this guy should be in Jail.

310 Likes 42 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by omowolewa: 7:11pm On Mar 04, 2023

I blame your Boss, if not, you won't disregard the court to this extent

wingmanIII:

Yeah, you guys should continue calling out and abusing emefiele, like you don't buhari is calling the shots. Yeye people!

Have visited the Gas Station of late

Have you visited ATM stand

Have you tried making payments through online

So, he cannot advise whoever is using him that the citizens are feeling the pains, maybe that's the pleasure.

95 Likes 10 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by ganisucks(f): 7:11pm On Mar 04, 2023

Sammy07:

May 30th, this guy should be in Jail.

Kikiki..
Why don't you wait till Monday. Or do you want me to tell you the truth? You won't like it.

43 Likes 7 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by FreedomArmy: 7:12pm On Mar 04, 2023

So supreme court is now overseeing monetary policies in Nigeria? Wonders shall never end.
The daily limit on withdrawal is actually a good idea. This has drastically reduced kidnapping and other forms of criminal activities in the country.

240 Likes 26 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by HellVictorinho7: 7:20pm On Mar 04, 2023

FreedomArmy:
So supreme court is now overseeing monetary policies in Nigeria? Wonders shall never end.
The daily limit on withdrawal is actually a good idea. This has drastically reduced kidnapping and other forms of criminal activities in the country.

nonsense

77 Likes 13 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by shuttox: 7:20pm On Mar 04, 2023

I am confused already

5 Likes

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Olachase(m): 7:21pm On Mar 04, 2023

ganisucks:

Kikiki..
Why don't you wait till Monday. Or do you want me to tell you the truth? You won't like it.

which truth day ur mouth pass say Obi is ur president 🤣🤣

154 Likes 6 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Rexxie234(m): 7:22pm On Mar 04, 2023

Sammy07:

May 30th, this guy should be in Jail.

Tinubu may die before then shocked

(just speaking) Obi must take his rightful places as president, APC rigged this election. angry

I hate tinubu!!!

53 Likes 7 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Ogbuefi2020: 7:27pm On Mar 04, 2023

Tinubu will destroy this country. Bribing everybody up and down from INEC to supreme Court.

61 Likes 6 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Divoc19(f): 7:35pm On Mar 04, 2023

Nigeria is an enterprise to these people.
May God deliver us

19 Likes

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Mitsurugi(m): 7:35pm On Mar 04, 2023

😂😂😂

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by opalu: 7:35pm On Mar 04, 2023

Lol Jokers All
ObiDatti is coming

19 Likes 1 Share

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by airsaylongcome: 7:35pm On Mar 04, 2023

And rightly so.

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by ukehnonny: 7:36pm On Mar 04, 2023

This Emefiele sef wetyn be your issue? Why suffering the masses for something not worth it.

The whole back and forth with Supreme court is really tiring. Naija is not for the faint hearted!

31 Likes 4 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by cunny88(m): 7:36pm On Mar 04, 2023

Nigeria and disregard for the rule of law

15 Likes 3 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Nobody: 7:36pm On Mar 04, 2023

and the saga continues

2 Likes 1 Share

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by airsaylongcome: 7:36pm On Mar 04, 2023

FreedomArmy:
So supreme court is now overseeing monetary policies in Nigeria?

You get it. Next thing now, SC will be giving ruling about what rate CBN should peg the dollar at

29 Likes 1 Share

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by harsysky(m): 7:36pm On Mar 04, 2023

These people run this country like there is no citizen at all. In their minds, we are all stones.

26 Likes 1 Share

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Goodconcept78: 7:36pm On Mar 04, 2023

BITTER TRUTH

37 Likes 8 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by iLoveYouToo(m): 7:36pm On Mar 04, 2023

Idiots the ruling is all over the net. You also have a copy of the ruling being joined in the suit, ask your lawyers. Quit feigning ignorance

13 Likes 2 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by KingEarnest(m): 7:37pm On Mar 04, 2023

Sammy07:

May 30th, this guy should be in Jail.

Seconded.

19 Likes 4 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Hambivert: 7:37pm On Mar 04, 2023

Emefiewele and Buhari...the greatest con men of all time.

They deceived over 200 million people in one nation with a simple lie.

23 Likes 2 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by waledeji(m): 7:37pm On Mar 04, 2023

ganisucks:

Kikiki..
Why don't you wait till Monday. Or do you want me to tell you the truth? You won't like it.

Olachase:
which trust day ur mouth pass say Obi is ur president 🤣🤣

7 Likes 1 Share

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by manutdrichie(m): 7:37pm On Mar 04, 2023

I am one of the few Nigerians keying into the CBN's cashless policy because the gains are too numerous to mention

No.1.....Kidnapping dissappeared with the speed of light grin

40 Likes

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Nobody: 7:37pm On Mar 04, 2023

But Technically they're not a party to the suit, the suit is between the Federal Government and the Governor's.

So they have to wait for orders from above.

17 Likes

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by Luukasz(m): 7:37pm On Mar 04, 2023

This is the same judicials some people expect will give Obi his stolen mandate.

Nigerian politicians don't rate Nigerian judicials an inch, dey don see dem finish just like the military.

It's well sha

17 Likes 2 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by nauto: 7:37pm On Mar 04, 2023

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by GOATandYAMtheory: 7:37pm On Mar 04, 2023

Ogbuefi2020:
Tinubu will destroy this country. Bribing everybody up and down from INEC to supreme Court.

see name, Ogbuefi. Na dem Ojukwu descendants. Spent 8 years blaming Buhari for their woes...now, it's Tinubu. You guys are cursed aswear

131 Likes 4 Shares

Re: New Naira Notes: We Have No Information On The Supreme Court Ruling - CBN by treatise: 7:38pm On Mar 04, 2023

Sammy07:

May 30th, this guy should be in Jail.

Why, is it because chief Agbero would be sworn in?

2 Likes

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