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Old Naira notes remain legal tender till Dec 31 – Supreme Court

Old Naira notes remain legal tender till Dec 31 – Supreme Court

Blessing Uduma by Blessing Uduma
March 3, 2023
in News
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The Supreme Court, on Friday, 3rd March, 2023, nullified the ban on the use of the old #200, #500, and #1000 bank notes as legal tenders.

The apex court, in an unanimous decision by a seven-member panel of justice, held that the old bank notes should remain valid legal tenders until December 31, 2023.

Read also: Old Naira: No Nigerian will lose money – Emefiele

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

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Blessing Uduma

Blessing Uduma

I'm an English and Literary Studies student. A freelancer, content creator and editor. I also enjoy writing flash fictions and I have so many works to my credit.

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