Nigeria’s currency in circulation surged to a historic high of N3.69 trillion, according to data released by the Central Bank of Nigeria (CBN). This figure represents...
A recent report released by the Central Bank of Nigeria (CBN) has indicated a notable decline in the amount of currency held outside banks, dropping to...
The currency in circulation in Nigeria has surged by N1.7 trillion, driven by a surge in cash transactions. According to data obtained from the Central Bank...
Declining Money Supply and Government Credit, But Currency in Circulation Sees an Upward Trend
After a dip in currency in circulation due to a naira redesign policy, Nigeria’s currency in circulation has surged by N701.4tn in just one month, hitting...
The Central Bank of Nigeria (CBN) has reported a significant drop in the currency in circulation in the country following its redesign policy that plunged the...
The Central Bank of Nigeria‘s (CBN) redesigned policy has resulted in a significant drop in the total amount of currency-in-circulation in the country. According to figures...
The latest data from the Central Bank of Nigeria (CBN) has revealed that total amount of currency-in-circulation has fallen by 53.33 percent since October last year...
Currency in circulation fell by N42.43bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The CBN revealed in its data...
Data by the Central Bank of Nigeria (CBN) reveals a rise in credit facilitated by banks to the government and private sector as well as a...