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Currency in Circulation Declines to N5.03trn – CBN

Currency in Circulation Declines to N5.03trn - CBN   Currency in circulation dropped for the first time in one year, according to the updated money and credit data from the Central Bank of Nigeria (CBN). The currency in circulation, representing the banknotes and coins that have been...

Naira Crisis Worsens As Currency-in-Circulation Drops To N1.54trn

Naira Crisis Worsens As Currency-in-Circulation Drops To N1.54trn   Amid the worsening naira crisis, the total amount of currency-in-circulation in the Nigerian economy has tumbled from N3.3tn to N1.54tn, a Central Bank of Nigeria document has revealed. This came as a biting shortage of new naira notes...

Currency Circulation Rose To N2.16trn In April, CBN Says

Currency Circulation Rose To N2.16trn In April, CBN Says   At N2.158tn, currency-in-circulation, on month-on month basis, rose by 0.3 per cent at end-April 2019, the Central Bank of Nigeria has said. The apex bank said this in its first quarter report on currency-in-circulation and deposits. This was...