The Central Bank of Nigeria (CBN) has announced that both new and old banknotes will be in circulation until December 31st.

In accordance with a Supreme Court judgment, the Central Bank of Nigeria (CBN) has declared that old banknotes of N200, N500, and N1,000 denominations will continue to circulate alongside the new ones until December 31st, 2023. The CBN made this announcement in a statement released on Monday, which can be read in its entirety below: