Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase from N3.65 trillion recorded in January 2024. The latest data from the Central Bank of Nigeria (CBN) also revealed that N4.74 trillion, or 90.5% of this total, was outside the banking system, held by individuals and businesses […]
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