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BREAKING: Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In

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BREAKING: Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31

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2 years ago

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The supreme court has invalidated the naira redesign policy introduced by the Central Bank of Nigeria (CBN).

The court made the declaration on Friday while delivering judgment in a suit instituted by three states of the federation.

A seven-member panel of the apex court held that the old N200, N500 and N1000 remain valid legal tender until 31 December 2023.

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