"We're waiting for Buhari and CBN": Traders, transporters, other Nigerians reject old N500, N1000 after Supreme Court order

  • Traders are expressing scepticism over the ruling of the Supreme Court to continue trading with the old N500 and N1,000 notes
  • Transporters across Lagos said they would wait until CBN or Buhari gave a directive on the order
  • CBN has kept mum over the Supreme Court directives, leading to confusion among Nigerians

Despite the Supreme Court order against CBN directives regarding N500 and N1,000 notes, Nigerians are still sceptical about accepting them.

On Friday, March 3, 2023, the Supreme Court reversed the CBN order suspending the circulation of N500 and N1000 notes as legal tender in Nigeria.