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Breaking: Supreme Court Stops FG ,CBN From Banning Use Of Old Naira Notes

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The Supreme Court of Nigeria has temporarily halted the decision of the federal government to ban the use of old Naira notes.

The 7-man panel of the Apex court led by Justice John Okoro made the pronouncement while ruling on an ex parte injunction filed by three northern States of Kaduna, Kogi and Zamfara states.

The three states had specifically applied for an order of Interim Injunction restraining “the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.

Moving the application on Wednesday, counsel to the applicants, Mr A. I. Mustapha, SAN, had urged the apex court to grant the application in the interest of justice and the well-being of Nigeria.

He stated that the policy of the government had led to an “excruciating situation that is almost leading to anarchy in the land “.

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While he referred to a Central Bank of Nigeria’s (CBN) statistics which put the number of people who don’t have bank accounts at over 60 percent, Mustapha lamented that the few Nigerians with bank accounts can’t even access their monies from the bank as a result of the policy.

The senior lawyer further argued that unless the Supreme Court intervenes the situation will lead to anarchy because most banks are already closing operations.

Delivering ruling in the motion, Justice Okoro, held that after a careful consideration of the motion exparte this application is granted as prayed, “An order of Interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.

He accordingly adjourned to February 15, 2023 for hearing of the main suit.

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Bank of Ghana Appoints Prof. Bashir to Chair Islamic Banking Council

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By Yusuf Danjuma Yunusa

The Bank of Ghana has appointed Professor Bashir Aliyu Umar, a distinguished Islamic scholar from Nigeria’s Bayero University, Kano (BUK), as chairman of its newly constituted council for interest-free (Islamic) banking operations.

Governor Johnson Pandit Asiama formally inaugurated the council members during a brief ceremony in Accra. Professor Umar, a seasoned lecturer in Islamic studies at BUK, will lead the body in ensuring that Ghana’s non-interest banking sector operates in full compliance with Sharia law and its associated ethical principles.

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The appointment marks a significant step for Ghana’s financial sector, underscoring the central bank’s commitment to diversifying its banking landscape amid the rapid global expansion of Islamic finance.

Umar’s selection also highlights the increasing reliance on expert scholarly oversight to maintain regulatory integrity and religious adherence within this growing alternative banking model.

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MURIC Writes ICPC, Demands Access to Elrufai

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By Yusuf Danjuma Yunusa

The Muslim Rights Concern, MURIC, has formally requested permission from the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to visit former Kaduna State Governor, Nasir El-Rufai, who is currently in the custody of the anti-corruption agency.

MURIC made the request in a letter submitted to the ICPC on Tuesday, August 18, 2026, by the chairman of its Abuja branch.

The group said the visit was intended to enable its representatives to meet with the former governor and assess his condition while in custody.

According to the organisation, a three-man delegation has been nominated to undertake the visit. The delegation comprises MURIC’s Executive Director, Prof. Ishaq Akintola; the chairman of the Abuja branch, Ustadh Yunus Salahudeen; and the branch’s assistant secretary, Shehu Ahmad Lemu.

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MURIC urged the ICPC to grant the delegation access to El-Rufai, stressing that the request was made in line with its civil liberties advocacy and concern for the welfare and rights of persons in detention.

The group noted that Mr El-Rufai had been in ICPC custody since Monday, February 16, 2026, following his detention by the anti-corruption commission.

MURIC said that, as of Tuesday, August 18, 2026, the former governor had spent approximately six months and two days in the custody of the commission.

The organisation did not disclose the specific conditions it intended to assess during the proposed visit, nor did it state whether the request was prompted by any particular complaint concerning El-Rufai’s treatment in custody.

The former Kaduna governor has been under scrutiny by anti-corruption authorities over allegations linked to his administration in the state. His continued detention has also attracted public attention, particularly given the length of time he has spent in custody.

MURIC’s latest request adds a civil liberties dimension to the ongoing case, with the organisation seeking direct access to the former governor through a formally constituted delegation.

The group said it was awaiting the response of the ICPC to its request.

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President Tinubu Appoints Abel Olumuyiwa As Head Of Service

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President Bola Ahmed Tinubu has appointed Mr Abel Olumuyiwa Enitan as the Head of the Civil Service of the Federation, effective August 27, 2026.

Mr Enitan succeeds Mrs Didi Esther Walson-Jack, who will retire soon from the Federal Civil Service upon attaining the statutory retirement age of 60.

Mr Enitan, from Osun State, is the most senior Permanent Secretary in the Federal Civil Service.

He has served as Permanent Secretary for seven years and seven months, working at the Ministry of Police Affairs, the Ministry of Humanitarian Affairs, and the Office of the Vice President. He is currently the Permanent Secretary in the Federal Ministry of Education.

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He brings considerable institutional experience and a deep understanding of how the Federal Civil Service works to his new responsibility.

President Tinubu expresses his profound appreciation to Mrs Walson-Jack for her distinguished service to the nation and for the reforms, impact and innovations witnessed in the Civil Service during her tenure.

The President wishes her a fulfilling and successful life after service and conveys the nation’s gratitude for her years of dedicated and impactful public service.

President Tinubu charges the incoming Head of the Civil Service of the Federation to consolidate on the reforms and innovations already underway, deepen professionalism and efficiency across the service, and build a more effective and responsive Civil Service capable of delivering on the administration’s Renewed Hope Agenda.

The President further urges Mr Enitan to lead a Civil Service that is professional, merit-driven, accountable, innovative, and responsive to Nigerians’ needs and aspirations.

Enitan was born on December 12, 1966. He had his secondary education at Ajibode Grammar School, Ibadan and the College of Arts and Science, Ile-Ife. He later attended the University of Lagos and graduated in 1988 with a B.Sc. in Finance and Banking.

In 2015, Enitan obtained an M.Sc. in Public Policy Analysis from Nasarawa State University, Lafia.

 

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