Is Cash Payment for Cars and Land Illegal in Nigeria? The Truth About Aliyu v. FRN (2026)

Imagine saving up your hard earned money for years, finally finding the perfect plot of land in Ibadan or a sleek new car in Lagos, and paying for it with crisp, cash notes you drawn over the counter from your bank. You sign the papers, shake hands, and walk away feeling alive as a new property owner. But according to…