During the administration of ex-CBN governor, Godwin Emefiele’s Naira redesign policy, the Supreme Court had ruled that the old Naira notes can co-exist with the new notes.

It reached last night to rumours making the rounds that the old notes would crime ... of all versions of the ₦1000, ₦500, and ₦200 denominations of the Naira indefinitely.

When the bank announced in October that the 1,000 ($2.18, £1.75), 500 and 200 naira notes were to be replaced, it said 80% of the notes in circulation were outside banks. The CBN believes that ...