It’s aimed at targeting the tradition of the Nigerian people- Deji Adeyanju calls on the National Assembly to repeal the Naira Abuse provision in the CBN Act
Deji Adeyanju, a respected lawyer, has asked Nigeria’s National Assembly to remove the Naira Abuse rule from the Central Bank of Nigeria (CBN) Act. This law makes it illegal to tamper with the Naira, including common cultural practices like spraying money during celebrations. Adeyanju shared on his social media that the law does not just […]
Jeweller Sentenced To Four years Imprisonment For Selling Cartier Bracelet In Dollars And Refusing To Collect The Naira Equivalent
A jeweller named Uzondu Precious Chimaobi has been sentenced to four years in prison for refusing to accept Naira as payment and insisting on being paid in US Dollars. He was found guilty by Justice Alexander Owoeye of the Federal High Court in Ikoyi, Lagos. Chimaobi was first taken to court by the Economic and […]