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CBN Pushed N2.907trn Cash Into Circulation In 2020

CBN Pushed N2.907trn Cash Into Circulation In 2020   Despite the rising inflation, the Central Bank of Nigeria (CBN) allowed about N2.907 trillion or 19.06 percent more currency in circulation in the economy as at end-December 2020 compared to the N2.441.67tr currency in circulation at end...

Currency In Circulation Drops By N75.84bn In A Month

Currency In Circulation Drops By N75.84bn In A Month Currency in circulation in the country fell by N75.84bn from N1.9tn in June to N1.824tn in July 2018. According to statistics from the Central Bank of Nigeria on Wednesday, the figure rose from N1.93tn in February to...

Currency In Circulation Drops To N1.93 Trillion

Currency In Circulation Drops To N1.93 Trillion The currency in circulation fell for the third consecutive month in June, with economic experts describing it as a positive trend for the nation’s inflation. Data obtained from the Central Bank of Nigeria by our correspondent showed that the...

Currency-in-Circulation Drops To N1.668 Trillion

Currency-in-Circulation Drops To N1.668 Trillion   The total value of currency-in-circulation in the country reduced by N269 billion year-on-year to N1.668trillion as of the end of March thisyear, down from the N1.937 trillionrecorded in February 2018, the Central Bank of Nigeria (CBN)revealed in its latest money...