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Lastest News Nigeria, Politics, Business, Sport, Interview
Babatunji Wusu –
Old and new naira notes will coexist as legal tender until further notice, according to a ruling by the highest court.
The timeframe for phase-out of obsolete naira notes was extended by the apex court to December 31, 2023, in March 2023.
On November 21, 2023, the federal government applied to the Supreme Court, requesting a prolongation of the old naira notes’ legal tender status.
More to come.
