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Read More »Court dismisses lawsuit challenging Arabic inscriptions on Naira notes – TrendyNewsReporters
Justice Yellin Bogoro of the Federal Supreme Court sitting in Lagos on Tuesday, July 16, dismissed a lawsuit filed by a Lagos-based lawyer, Malcom Omirhobo, challenging the use of Arabic inscriptions on Naira banknotes. According to the judge, “the Central Bank of Nigeria (CBN) is empowered by Section 53 (1) of the Banks and Other Financial Institutions Act (BOFIA) to …
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