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Supreme Court Validates Old Notes Till Dec 31

Supreme Court Validates Old Notes Till Dec 31

The supreme court  on Friday has nullified the naira redesign policy introduced by the Central Bank of Nigeria (CBN) and the Buhari-led administration.

The court made the declaration on Friday while delivering judgment in a suit instituted by three states of the federation.

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

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