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The Supreme Court overturned the Central Bank of Nigeria’s (CBN) ban on the use of old N200, N500, and N1000 banknotes as legal tender on Friday.
According to News NOTCH NG, the Supreme Court ruled unanimously in a seven-member panel of Justices that the old banknotes, N200, N500, and N1000 should remain legal tender until December 31st, 2023.
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It was decided that the old Naira notes should be used alongside the new currencies.
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There will be more…
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