All eyes on CBN after S’Court says old naira notes stay

Following the Supreme Court’s ruling that the old N200, N500 and N1,000 notes should remain legal tender until December 31, 2023, Nigerians are waiting to hear from the Central Bank of Nigeria (CBN).

The Supreme Court, in a unanimous decision by a seven-member panel of justices on Friday, held that the old banknotes should remain in use until the end of the year.