LAGOS MARCH 4TH (NEWSRANGERS)-Nigeria’s Supreme Court on Friday ordered the central bank to extend until Dec. 31 the use of old banknotes, whose withdrawal from circulation became an election issue after it caused cash shortages, widespread hardship and anger. The timing left many Nigerians fed up, hungry and exhausted right before a national election to…
LAGOS FEBRUARY 22ND (NEWSRANGERS)-The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. With the apex court’s decision, Nigerians, especially consumer and business groups as well as professional and trade unions looking up to the apex court for a favorable judgment (today) that they expect will ameliorate…
LAGOS FEBRUARY 21ST (NEWSRANGERS)-Minister of Works and Housing, Babatunde Fashola, has disagreed with his counterpart, Minister of State, Labour and Employment, Festus Keyamo, over his recent comment for faulting President Muhammadu Buhari’s directive that the old N200 be recirculated until April 10, 2023, while the old N500 and N1,000 cease to be legal tender. Fashola,…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-The supreme court has adjourned the hearing of the case brought against the Central Bank of Nigeria (CBN) on the naira redesign policy to Wednesday, February 22. The supreme court said its order suspending the implementation of the February 10 deadline on the old naira notes still subsists. Ruling on an ex…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The Supreme Court Wednesday ordered the Central Bank of Nigeria (CBN) not to end the use of old naira notes on 10 February. The News Agency of Nigeria (NAN) reports that a seven-member panel of the court, led by John Okoro, gave the order of interim injunction amid acute scarcity of newly…
LAGOS OCTOBER 21ST (NEWSRANGERS)-The Federal Government has asked the Supreme Court to set aside the October 13 Appeal Court judgment which discharged and acquitted the leader of the proscribed Indigenous People of Biafra, IPOB, Nnamdi Kanu. The notice of appeal dated October 18, which was signed by the Director, Public Prosecution of the Federation, Mohammed…
LAGOS SEPTEMBER 29TH (NEWSRANGERS)-The Supreme Court, on Thursday, affirmed the Governor-elect of Osun state, Senator Ademola Adeleke as the authentic candidate of the Peoples Democratic Party, PDP, for the gubernatorial election that held in the state on July 16. The apex court, in a unanimous judgement by a five-man panel of justices, dismisses an appeal…
LAGOS SEPTEMBER 6TH (NEWSRANGERS)-Kenya’s Supreme Court has ruled that William Ruto was properly elected president, dismissing several petitions seeking to annul the result of the 9 August election. His rival, Raila Odinga, and others had alleged there had been massive fraud. But in a scathing ruling, the judges said some of the petitioners had falsified…