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Maroc Maroc - JAYFM.NG - A La Une - 17/Jul 09:05

Court dismisses suit challenging Arabic Inscriptions on naira notes

The Federal High Court sitting in Lagos has dismissed a suit challenging the use of Arabic inscriptions on Naira notes. Justice Yellin Bogoro held that Section 53 (1) of the Banks and Other Financial Institutions Act, BOFIA, empowers the Central Bank of Nigeria, CBN to print, design and issue the currency. The court also held […]

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