The Supreme Court declares that both old and new naira notes will continue to circulate concurrently until further notice

The Supreme Court declares that both old and new naira notes will continue to circulate concurrently until further notice

The Supreme Court on Wednesday ruled that both old and new naira notes should continue to remain legal tender.

The court  ordered that the old N200, N500, N1000 notes should continue to co-exist till further notice.

The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign after due consultation with relevant stakeholders.

Earlier, the Central Bank of Nigeria told Nigerians that all currency notes in Nigeria are valid till further notice.

“MAKE INVESTMENTS TO PREVENT HEARTBREAKING TALES” RUDEBOY ADVISES FELLOW MUSICIANS

Paul Okoye, aka Rudeboy of the Psquare, has urged his colleagues in the entertainment industry to invest the proceeds of their talents when they are still making waves.

The ‘Reason With Me’ crooner’s advice is against the backdrop of veteran Nigerian entertainers coming out to seek public assistance due to health reasons or economic hardship.

He said the situation is making the entertainment industry lose its prestige.

On his Instagram story, Paul wrote: “Seriously, a lot is going on in the industry, including depression and all. But, abeg, if e reach your turn to shine, abeg, try to invest. E no easy atall. Avoid story that touches. Me sef don taya to the hear stories. E come be like na loose guard industry.

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