Tuesday, 25 November 2025

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Tuesday, 25 November 2025

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Tag: Naira

NAIRA REDESIGN: BUHARI PERFORMING EMERGENCY SURGERY IN A DARK ROOM
Trending

NAIRA REDESIGN: BUHARI PERFORMING EMERGENCY SURGERY IN A DARK ROOM

Background The recent Naira redesign policy of the Central Bank of Nigeria (CBN) appears to have become the most controversial policy of the Buhari-led administration. The controversy rears its head from within and without, and from different quarters. This is in view of the hardship occasioned by the implementation of the policy which has brought […]

central bank of nigeria and garnishee
Case Law

CBN MOVED TO STOP A SUIT AGAINST IT FOR “INJURIOUS” FOREX POLICY BUT THE COURT OF APPEAL STOOD IN THE WAY

The Central Bank of Nigeria (CBN) is the regulator of the Foreign Exchange Market in Nigeria. The CBN periodically issues foreign exchange manuals and circulars for the operation and regulation of the market. This is in line with its statutory mandate to determine from time to time, by a suitable mechanism, the exchange rate of […]

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