• About
  • Advertise
  • Privacy & Policy
  • Contact
Precise News Online
Advertisement
  • News
    • All
    • Business
    • Metro
    • Politics
    • World
    Responding to Senator Babafemi Ojudu’s Barefaced Lies

    Responding to Senator Babafemi Ojudu’s Barefaced Lies

    Oyebanji Has Fulfilled Campaign Promises – Information Commissioner

    Oyebanji Has Fulfilled Campaign Promises – Information Commissioner

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE  –  EKITI CP,  ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE – EKITI CP, ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE  –  EKITI CP,  ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE – EKITI CP, ERIBO

    2026:  Ekiti Women give red card to Oyebanji’s Challengers

    2026: Ekiti Women give red card to Oyebanji’s Challengers

    SURWASH TRAINS TECHNICIANS ON INSTALLATION, MAINTENANCE OF SOLAR POWERED WATER PUMPS.

    SURWASH TRAINS TECHNICIANS ON INSTALLATION, MAINTENANCE OF SOLAR POWERED WATER PUMPS.

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    RIVERS IN DIASPORA CONDEMN PLOT TO DISTRACT GOVERNOR FUBARA

    RIVERS IN DIASPORA CONDEMN PLOT TO DISTRACT GOVERNOR FUBARA

    E’ LEARNING PLATFORM  UNVEILS APP TO ASSIST UTME STUDENT’S

    E’ LEARNING PLATFORM UNVEILS APP TO ASSIST UTME STUDENT’S

    Three Nigerans based in UK  develop dating App

    Three Nigerans based in UK develop dating App

    ASHDAM ACADEMY TRAINS ILUPEJU YOUTHS ON SOLAR DESIGN, INSTALLATION

    ASHDAM ACADEMY TRAINS ILUPEJU YOUTHS ON SOLAR DESIGN, INSTALLATION

    Ekiti SUBEB partners NGO on free ICT training for teachers

    Ekiti SUBEB partners NGO on free ICT training for teachers

    EKSG WIFE PROMISES TO USE TECHNOLOGY FOR WOMEN DEVELOPMENT.

    EKSG WIFE PROMISES TO USE TECHNOLOGY FOR WOMEN DEVELOPMENT.

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Sports
    Wife of Ekiti state Gov Donates Sports Equipment for youth development

    Wife of Ekiti state Gov Donates Sports Equipment for youth development

    Chairman 101 Resort, Tolu Ibi Oluwatoba Lays Beloved Mother to Rest in Grand Ceremony

    Chairman 101 Resort, Tolu Ibi Oluwatoba Lays Beloved Mother to Rest in Grand Ceremony

    Ekiti Ex-Governor, Engr. Segun Oni, Others Extol Prof. Aribisala’s Virtues

    Ekiti Ex-Governor, Engr. Segun Oni, Others Extol Prof. Aribisala’s Virtues

    20 KANO ATHLETES  DIE IN ROAD CRASH

    20 KANO ATHLETES DIE IN ROAD CRASH

    Glamour, Reunion @ Mrs Olayinka Fagbemi’s 50th birthday

    Glamour, Reunion @ Mrs Olayinka Fagbemi’s 50th birthday

    Ilupeju Pillars FC qualifies for quarter final in 1XBET Competition

    Ilupeju Pillars FC qualifies for quarter final in 1XBET Competition

  • Lifestyle
    • All
    • Fashion
    • Health
    • Travel
    EKITI LIONS CLUB SEEKS PARTNERSHIP WITH NUJ

    EKITI LIONS CLUB SEEKS PARTNERSHIP WITH NUJ

    MAKINDE TO GIVE OLUBADAN BEFITTING BURIAL, COMMISERATES FAMILIES, PEOPLE OF OYO STATE

    MAKINDE TO GIVE OLUBADAN BEFITTING BURIAL, COMMISERATES FAMILIES, PEOPLE OF OYO STATE

    Celebration of Life: Engr Olajide Oriowo Lays Mother to Rest

    Celebration of Life: Engr Olajide Oriowo Lays Mother to Rest

    Final Homecoming for Ekiti Deputy Gov’s Late Mum Begins

    Final Homecoming for Ekiti Deputy Gov’s Late Mum Begins

    EKSG holds 2024 Health Sector Joint Annual Review Scorecard Meeting

    EKSG holds 2024 Health Sector Joint Annual Review Scorecard Meeting

    Chairman Moba LG, Hon Fadugba Congratulates Erelu Bisi Fayemi on Her 62nd Birthday

    Chairman Moba LG, Hon Fadugba Congratulates Erelu Bisi Fayemi on Her 62nd Birthday

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
No Result
View All Result
  • News
    • All
    • Business
    • Metro
    • Politics
    • World
    Responding to Senator Babafemi Ojudu’s Barefaced Lies

    Responding to Senator Babafemi Ojudu’s Barefaced Lies

    Oyebanji Has Fulfilled Campaign Promises – Information Commissioner

    Oyebanji Has Fulfilled Campaign Promises – Information Commissioner

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE  –  EKITI CP,  ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE – EKITI CP, ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE  –  EKITI CP,  ERIBO

    WE ARE DOING EVERYTHING POSSIBLE TO SUSTAIN RELATIVE PEACE – EKITI CP, ERIBO

    2026:  Ekiti Women give red card to Oyebanji’s Challengers

    2026: Ekiti Women give red card to Oyebanji’s Challengers

    SURWASH TRAINS TECHNICIANS ON INSTALLATION, MAINTENANCE OF SOLAR POWERED WATER PUMPS.

    SURWASH TRAINS TECHNICIANS ON INSTALLATION, MAINTENANCE OF SOLAR POWERED WATER PUMPS.

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    RIVERS IN DIASPORA CONDEMN PLOT TO DISTRACT GOVERNOR FUBARA

    RIVERS IN DIASPORA CONDEMN PLOT TO DISTRACT GOVERNOR FUBARA

    E’ LEARNING PLATFORM  UNVEILS APP TO ASSIST UTME STUDENT’S

    E’ LEARNING PLATFORM UNVEILS APP TO ASSIST UTME STUDENT’S

    Three Nigerans based in UK  develop dating App

    Three Nigerans based in UK develop dating App

    ASHDAM ACADEMY TRAINS ILUPEJU YOUTHS ON SOLAR DESIGN, INSTALLATION

    ASHDAM ACADEMY TRAINS ILUPEJU YOUTHS ON SOLAR DESIGN, INSTALLATION

    Ekiti SUBEB partners NGO on free ICT training for teachers

    Ekiti SUBEB partners NGO on free ICT training for teachers

    EKSG WIFE PROMISES TO USE TECHNOLOGY FOR WOMEN DEVELOPMENT.

    EKSG WIFE PROMISES TO USE TECHNOLOGY FOR WOMEN DEVELOPMENT.

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Sports
    Wife of Ekiti state Gov Donates Sports Equipment for youth development

    Wife of Ekiti state Gov Donates Sports Equipment for youth development

    Chairman 101 Resort, Tolu Ibi Oluwatoba Lays Beloved Mother to Rest in Grand Ceremony

    Chairman 101 Resort, Tolu Ibi Oluwatoba Lays Beloved Mother to Rest in Grand Ceremony

    Ekiti Ex-Governor, Engr. Segun Oni, Others Extol Prof. Aribisala’s Virtues

    Ekiti Ex-Governor, Engr. Segun Oni, Others Extol Prof. Aribisala’s Virtues

    20 KANO ATHLETES  DIE IN ROAD CRASH

    20 KANO ATHLETES DIE IN ROAD CRASH

    Glamour, Reunion @ Mrs Olayinka Fagbemi’s 50th birthday

    Glamour, Reunion @ Mrs Olayinka Fagbemi’s 50th birthday

    Ilupeju Pillars FC qualifies for quarter final in 1XBET Competition

    Ilupeju Pillars FC qualifies for quarter final in 1XBET Competition

  • Lifestyle
    • All
    • Fashion
    • Health
    • Travel
    EKITI LIONS CLUB SEEKS PARTNERSHIP WITH NUJ

    EKITI LIONS CLUB SEEKS PARTNERSHIP WITH NUJ

    MAKINDE TO GIVE OLUBADAN BEFITTING BURIAL, COMMISERATES FAMILIES, PEOPLE OF OYO STATE

    MAKINDE TO GIVE OLUBADAN BEFITTING BURIAL, COMMISERATES FAMILIES, PEOPLE OF OYO STATE

    Celebration of Life: Engr Olajide Oriowo Lays Mother to Rest

    Celebration of Life: Engr Olajide Oriowo Lays Mother to Rest

    Final Homecoming for Ekiti Deputy Gov’s Late Mum Begins

    Final Homecoming for Ekiti Deputy Gov’s Late Mum Begins

    EKSG holds 2024 Health Sector Joint Annual Review Scorecard Meeting

    EKSG holds 2024 Health Sector Joint Annual Review Scorecard Meeting

    Chairman Moba LG, Hon Fadugba Congratulates Erelu Bisi Fayemi on Her 62nd Birthday

    Chairman Moba LG, Hon Fadugba Congratulates Erelu Bisi Fayemi on Her 62nd Birthday

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
No Result
View All Result
Precise News Online
No Result
View All Result
Home News

BREAKING: CBN COMPLIES WITH SUPREME COURT VERDICT, SAYS OLD #500, #1000 REMAIN LEGAL TENDER.

Editor by Editor
March 13, 2023
in News
0 0
0
BREAKING: CBN COMPLIES WITH SUPREME COURT VERDICT, SAYS  OLD #500, #1000 REMAIN LEGAL TENDER.
0
SHARES
55
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Central Bank of Nigeria (CBN) has finally reacted to the Supreme Court verdict on the validity of old N200, N500 and N1000 notes, saying the higher denominations remain legal tender until December 31, 2023.

CBN’s Acting Director of Communication, Isa Abdulmumin, disclosed in a statement on Monday night.

“In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023,” the statement reads.

“Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023.

“Consequently, all concerned are directed to conform accordingly,” he stated.

The CBN’s official stance comes hours after President Muhammadu Buhari earlier on Monday absolved himself from the disobedience to the order of the Supreme Court on old Naira notes by the apex Bank.

Recall that eminent personalities and Nigerians at different foral berated the federal government for not obeying the verdict of the supreme Court since 3rd March, 2023 .

It was widely agreed that the non compliance had caused Nigerians untold hardships .

Tags: CBN
Editor

Editor

Browse by Category

  • Business
  • Entertainment
  • Fashion
  • Health
  • Lifestyle
  • Metro
  • News
  • Politics
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 Precise News Online.

No Result
View All Result

© 2022 Precise News Online.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist