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(JUST IN) Supreme Court’s Verdict: Coexistence of Old, New Naira Notes Extended
The Supreme Court has declared that both the old and new naira notes will maintain their status as legal tenders. Specifically, the court mandated the continued circulation of the old N200, N500, and N1000 notes until further directives.
This decision comes with the stipulation that both variants of the currency will persist until the Federal Government initiates a comprehensive process for their replacement or redesign. The court emphasized the importance of undertaking this course of action through thorough consultations with relevant stakeholders.
Details shortly……
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