Breaking: Supreme Court Extends Old Naira Notes Use Deadline

Breaking: Supreme Court Extends Old Naira Notes Use Deadline

The Supreme Court, on Friday, nullified the ban by the Central Bank of Nigeria (CBN) on the use of the old N200, N500 and N1000 banknotes as legal tenders.

Gists9ja reports that the apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes should remain valid legal tenders until December 31.

It held that the old Naira notes should be used alongside the redesigned currencies.

Recommended For You

About the Author: Gists9ja

Leave a Reply

Your email address will not be published.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


Notice: ob_end_flush(): Failed to send buffer of zlib output compression (1) in /home/gistsjac/public_html/wp-includes/functions.php on line 5481

Notice: ob_end_flush(): Failed to send buffer of zlib output compression (1) in /home/gistsjac/public_html/wp-includes/functions.php on line 5481