Updated: Supreme Court validates use of old N200, N500 N1000 till Dec

The Supreme Court of Nigeria on Friday validated the use of old N200, N500 N1,000 till December 31, 2023. The court similarly invalidated the naira redesign policy introduced by the Central Bank of Nigeria (CBN) while delivering judgment in a suit instituted by some states in the country. The Supreme Court has invalidated the new naira design policy initiated by the Federal Government on the grounds that it was not done with due consultation and in line with constitutional provisions. Following, the apex court ordered that the old naira notes shall continue to be used side by side with the

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