Banks, fuel stations reject old naira notes
...Ignore S’Court order on deadline causes panic IN spite of the Supreme Court order extending the deadline for the old naira notes till Wednesday, February 15, this week, banks yesterday stopped accepting the notes even as Nigerians continue to spend long hours on queues to access the new naira notes. The Supreme Court of Nigeria, last Wednesday entered an interim order against the Central Bank of Nigeria, CBN banning the apex bank from going ahead with the February 10th deadline for the end of use of the old N200, N500, N1,000 notes. Again, President Muhammadu Buhari yesterday met with the CBN governor, Godwin Emefiele, at the Presidential Villa Abuja. The CBN governor, who was seeing with the President privately for the third time since the cash crisis escalated across the country, did not speak to journalists as he left the villa. The reason for the visit was not known, it was however, believed to be in connection to finding solution to the cash crisis. Some commer...