HomeCourt room news Supreme Court Nullified the Ban on Use of Old Naira Notes

[Judgment ] Supreme Court Nullified the Ban on Use of Old Naira Notes

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The Supreme Court, on Friday, 3rd March, 2023 nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders.

The apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes should remain valid legal tenders until December 31.

Read judgment:

[embeddoc url=”https://dnllegalandstyle.com/wp-content/uploads/2023/03/SUPREME-COURT-ENROLMENT-ORDER-ON-NAIRA-REDESIGN.pdf”]

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