• Some Nigerians say they regret collecting the old N500 and N1,000 notes from commercial banks, after the Supreme Court judgment validating it as legal tender till December 31.


    According to the banks’ customers in separate interviews, it had been challenging spending the two denominated notes as Nigerians were not accepting the money for their daily transactions.

    They also said it was surprising that days after the judgment, bank started paying between N5,000 and N10,000 per customer, compared with N3,000 and N5,000 that were dispensed from their Automated Teller Machines (ATMs) during cash swap period.

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    Mr Matthew Aburime, a student of Lagos State Polytechnic, Ikorodu, who expressed disappointment, said he had been unable to spend the money he collected from a bank.

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