Old Banknote Remains Legal Tender - CBN Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed. This is as the apex bank directed all its branches across the country to continue to issue different denominations of...

Old N200, N500, and N1,000 Bank Notes Remain Legal Tender - CBN In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of...

JUST IN: Old Naira Notes Remain Legal Tender Till Dec 31 - Supreme Court By Ozumi Abdul The Supreme Court, on Friday, 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...

UPDATE: Old N1000, N500, N200 Notes Remain Legal Tender - Supreme Court   The Supreme Court has reiterated its order that the old naira notes of N200, N500, and N1000 notes remain legal tender. The court also said it will deliver judgement in the suit challenging the...

Naira Redesign: Supreme Court Insists Old Naira Notes Still Legal Tender   The Supreme Court has said that the old N200, N500, and N1000 are still legal tender, insisting that its February 8 order barring the Federal Government and its agencies from enforcing the February 10...

A Nigerian Lawyer and human rights activist, Mr. Femi Falana (SAN), filed a suit before the Federal High Court in Abuja on Wednesday, praying for an order restraining the Central Bank of Nigeria from allowing market forces to determine the exchange rate of the...