Nigeria: old bank notes to remain legal tender until end of the year

Available for over a year

Nigeria's Supreme Court in a ruling Friday, said a presidential directive to discontinue the use of old naira notes following a redesign was illegal. The court said the old banknotes should continue to be legal tender, alongside new versions, until the end of this year. Not enough of the new notes were released, leading to widespread anger and frustration. Many people were unable to get cash to pay for food and slept outside banks. (Picture: Young man Holding and Counting Nigeria 1000 Naira Note Currency Outdoor in Nigeria. Picture Credit: Getty Images)