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Tag: Supreme Court

Oil and Gas

Supreme Court reverses arrest of GHL crude oil cargo

The Supreme Court on Friday reversed the arrest of General Hydrocarbons Limited-linked crude oil aboard the FPSO Tamara Tokoni, in a case previously commenced by First Bank of Nigeria. In a unanimous judgment, the Supreme Court ordered the Chief Registrar of the Court of Appeal and the Admiralty Marshal to immediately hand over the assets […]

A photo of President Buhari and the redesigned note
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Old naira: Buhari never told Emefiele, Malami to shun S’Court order, says presidency

Juliet Buna   The Presidency has denied allegations that it ordered the Attorney general and Central Bank of Nigeria to defy the Apex court’s order. According to a release by the Garba Shehu Senior Special Assistant to the President, Garba Shehu said the President Major General Muhammadu Buhari (retd), has not done anything knowingly and […]

Court Symbol of Justice
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Mixed reactions as S’Court reverses Buhari, CBN new, old naira order

There have been mixed reactions from Nigerians as the Supreme Court of Nigeria on Friday declared the Federal Government’s cashless and Naira redesign policy invalid, declaring it as an affront to the 1999 Constitution. This publication recalls a suit was filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation on […]

Court Symbol of Justice
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BREAKING: Old N200, N500, N1000 valid till Dec 31- Supreme Court  

Juliet Buna The Supreme Court of Nigeria on Friday in Abuja nullified the Federal Government’s cashless and Naira redesign policy, declaring it as an affront to the 1999 Constitution. According to Dailypost, The Apex Court held that President Major General Muhammadu Buhari (retd), breached the Constitution of the Federation in the ways and manners he […]

Court Symbol of Justice
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New naira: Supreme Court passes verdict on Friday

Supreme Court is said to pass its verdict today (Friday) on a suit instituted by some state governments against the Federal Government on the Naira re-design and cashless policy. This publication recalls that the Supreme Court’s seven-man panel of Justices led by Justice John Inyang Okoro had on Wednesday, February 22 adjourned the case of […]

Court Symbol of Justice
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Again, Supreme Court adjourns old naira suit

CoThe Supreme Court has on Wednesday adjourned the case instituted by some state governments against the federal government on the naira redesign policy till March 3, 2023. Recall that three states Zamfara, Kogi and Kaduna filed a lawsuit against the Federal Government  on February 3. Other states like Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo […]

Court Symbol of Justice
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Naira redesign suit against FG resumes Wednesday 

The Supreme Court’s hearing over naira redesign which was adjourned after a session on February 17 will resume today (Wednesday). This publication recalls a suit was filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation on February 3. Other states like Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo and Sokoto […]

Godwin Emefiele, CBN Governor and the redesigned naira note
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ICYMI: Old naira: What to know about CBN deadlines

The Central Bank of Nigeria on January 29, extended the deadline for phasing out the old note from January 31 to February 10. Following the naira crunch, the the Supreme Court temporarily stopped the CBN’s deadline. It means for now, the CBN has not communicated any other deadline for the old naira note to stop being […]

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