- The Central Bank of Nigeria has extended the validity of the old N200, N500, and N1,000 notes indefinitely
- There is a subsisting order of the Supreme Court that sets a December 31 deadline to end the use of old naira notes
- The apex bank has confirmed plans to challenge the Supreme Court order in the coming months
The Central Bank of Nigeria has confirmed that the old naira notes will remain legal tender indefinitely.
This was disclosed in a statement on Tuesday, November 14, 2023, signed by Isa AbdulMumin, Director, Corporate Communications.
