THE CBN REFUSED TO HEED THE SUPREME COURT RULING, WARN NIGERIAN BANKS THAT OLD NAIRA NOTES NO LONGER LEGAL TENDER.
The Central Bank of Nigeria has insisted old N200, N500 and N1,000 notes are no longer legal tender despite a Supreme Court order barring the apex bank from implementing the February 10 expiration date for the old notes. Haladu Idris Andaza, CBN’s branch controller in Bauchi, disclosed this to journalists…