Supreme Court Adjourns naira Swap Case

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The Supreme Court has adjourned the case on the naira swap policy of the Central Bank of Nigeria, CBN.

The apex court adjourned the matter till Wednesday, February 22 for hearing of the consolidated suits by 10 states.

At the last hearing, the Court had temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.

The Zamfara, Kogi and Kaduna states had instituted the suit against the Federal Government and the CBN.

Written by: Helen Obih

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