Business
Supreme Court Officially Extends Validity Date Of Old N200, N500, N1000 Notes
CBN introduced the redesigned N200, N500 and N1.000 denominations in October 2022…
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes till further notice.
VerseNews reports that the court maintained that the old and new notes should remain as legal tender beyond December 31. until the Federal Government puts a process in place for their replacement or redesign after due consultation with relevant stakeholders.
The apex court had, on March 3, restrained the Central Bank of Nigeria from giving effect to the deadline on the use of old notes.
However, the CBN, on November 14, extended the validity of the old N200, N500 and N1,000 notes indefinitely.
VerseNews reports that the CBN introduced the redesigned N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.
BREAKING: Oyo School Kidnappers Demand ₦1bn, Sharia Law for Release of Abducted Pupils, Teachers
Fresh details have emerged in the Oyo school abduction case, with reports indicating that the kidnappers are demanding a ₦1...
VIDEO: Peller Finally Pops the Question as Jarvis Says Yes in Romantic Ghana Proposal
Popular TikTok creator Peller has taken his relationship with fellow content creator Jarvis to the next level after surprising her...
‘I Will Name Them If…”: Sunday Igboho Threatens to Expose Nigerian Politicians Behind Oyo Schoolchildren Abduction
Yoruba Nation activist Sunday Igboho has alleged that politicians are sponsoring kidnappers operating in parts of Oyo State...
Fresh Security Concerns as Gunmen Abduct Tinubu’s Ex-Power Adelabu’s Sister, 12-Year-Old Twin Sons
The sister of former Minister of Power and APC governorship aspirant, Adebayo Adelabu, and her twin sons have been kidnapped...
Hardship Deepens as Nigerians Borrow Nearly ₦2tn in Personal Loans to Survive
Personal loans obtained by Nigerians surged to ₦1.96 trillion in January 2026, accounting for more than half of the country's...
BREAKING: Gunmen Kidnap Former Defence Spokesman, Wife
The Nigerian military has begun efforts to rescue former Director of Defence Information, Major General Rabe Abubakar (retd.), and his...
I’m Not in Any ‘City Boys’ Group, Davido Speaks Relationship with Seyi Tinubu
Afrobeats star Davido has addressed criticism surrounding his recent comments on insecurity and injustice in Nigeria....
‘Where is the Change? We Are Still Suffering’ — Nigerians Drags Tinubu as He Celebrates Third Year in Office
President Bola Tinubu marked his third anniversary in office by commissioning major projects across Nigeria and highlighting progress under his...
TG Omori Sends Strong Message to Troll Who Mocked His Kidney Condition
Popular music video director TG Omori has become a trending topic online after a controversial social media post referencing his...
Countries Nigerians Can Relocate to Easily in 2026
Relocation remains a major goal for many Nigerians seeking better education, career opportunities, business environments, and quality of life.
You must be logged in to post a comment Login