Ten states have asked the supreme court to declare the directive of President Muhammadu Buhari on the naira swap policy as unconstitutional.
On Thursday, Buhari said he directed the Central Bank of Nigeria (CBN) to recirculate only the old N200 notes.
This is in spite of the ruling of the apex court which held that old N200, N500, and N1000 notes are still legal tender.
More to follow…
TheCable
