BREAKING: Old, New Naira Notes Remain Legal Tender Till Further Notice says Supreme Court

Old and new Naira notes shall coexist as legal tender until further notice, the Supreme Court said on Wednesday.

Remember that the date for phase-out of old Naira notes was extended by the apex court to December 31, 2023, in March 2023?

Additionally, the federal government applied to the Supreme Court on November 21 to extend the time that old Naira notes may be used.

According to LEADERSHIP, the Central Bank of Nigeria (CBN) said recently that both new and old Naira banknotes would always be accepted as legal cash.