NEWS FLASH: Old And New Naira Notes Remains Legal Tender Till Further Notice – Supreme Court

The Supreme Court of Nigeria on Wednesday ruled that both the old and new naira notes will continue to remain legal tenders.

The court ordered that the old ₦200, ₦500, and ₦1000 notes continue to co-exist till further notice.

The apex court ruled that the old and new notes remain in use until the Federal Government puts a process in place for its replacement or redesign after due consultation with relevant stakeholders.

Leave a Reply

Your email address will not be published. Required fields are marked *