The Supreme Court of Nigeria has extended the use of old naira notes indefinitely.
This is coming following the request by the federal government for the extension of use of the N200, N500 and N1000 notes which were redesigned under the administration of Muhammadu Buhari.
While ruling on the request, a panel of the apex court on Wednesday ordered that the old notes remain legal tender until necessary facilities are put in place for their replacement.
More details to follow….