Categories: EconomyNews

Supreme Court Rules on Old, New Naira Notes Co-existing Beyond December

The supreme court has ruled that old and new naira notes will co-exist as legal tender until further notice.

You will recall  that the apex court in March 2023 extended the deadline to phase out old naira notes to December 31, 2023.

The federal government on the 21st of November, 2023, filed an application before the supreme court seeking an extension for old naira notes to remain in circulation.

VOP Lagos

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