BREAKING: Supreme Court Voids Naira Redesign Policy, Extends Old Notes Validity

The supreme court nullified the naira redesign policy introduced by the Central Bank of Nigeria, CBN.

New Naira

The apex court made the declaration on Friday while delivering judgement in a suit filed by three states of the federation.

See Aso: PDP Accuses APC Of Hoarding New Naira Notes For Vote-Buying

Delivering judgement, a seven-member panel of the supreme court held that the old N200, N500, and N1000 remain valid legal tender until December 31, 2023.

Details later…

Obiajulu Joel Nwolu

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