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Central Bank of Nigeria (CBN) has directed banks to continue issuance and acceptance of old naira notes after the Supreme Court ruled on Wednesday that the old naira notes will continue to be in use beyond the December deadline earlier set by the apex court.
In a statement signed by the bank’s acting director of communication, Sidi Ali Hakama, the bank detailed that it issued the directive after the Supreme Court ruled that both old and new versions of the naira notes will continue to be legal tender.
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