BREAKING: Supreme Court Restrains CBN From Implementing Deadline For Old Naira

The Supreme Court on Wednesday lifted the ban on the old naira notes.

The CBN had earlier fixed February 10 as the last day the old notes of N200, N500, and N1000 will be the legal tender

This development has created serious chaos across the country with businesses shutting down over the scarcity of the new and the old notes.

A seven-member panel led by Justice John Okoro, halted the move of the federal government in a ruling in an exparte application brought by three northern states of Kaduna, Kogi and Zamfara.

More details to follow later…..

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