The Supreme Court has restated that the old Naira notes including 200, 500, and 1000 Naira are still legal tender.
The court made the clarification on said its February 8 order, which called for a half of further action.
Recall that the Supreme court suspended the implementation of the February 10 deadline by the CBN on the 8th of February.
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The court made the clarification on Wednesday, February 15, shortly after adjourning a suit filed by some state governments to challenge the naira redesign policy of the Central Bank of Nigeria, CBN.
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The Supreme Court adjourned the case till Wednesday, February 22 for a hearing of the consolidated suits by 10 states including Kogi, Kaduna, and Zamfara States, among others.
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