The Supreme Court has ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The apex court which gave the order on Friday, also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution. The Supreme Court delivered judgement in the suit brought against the Federal Government on the naira redesign policy. Sixteen states of the Federation instituted the suit to challenge the legality or otherwise of the introduction of the policy. The suit initially instituted by Kaduna, Kogi and…
Read MoreJUST IN! SUPREME COURT ORDERS OLD N200, N500 & N1000 TO REMAIN IN CIRCULATION TILL DECEMBER 31ST
