Nigeria’s currency in circulation exceeds N4 trillion in June 2024, first time in history
The latest data from the Central Bank of Nigeria (CBN) shows that the currency in circulation (CIC) reached a year-high ...
Tag: Currency in circulation
eNaira makes up less than 1% of currency in circulation as of March 2024
Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of ...
Currency outside banks hits new all-time high of N3.71 trillion in May 2024
The amount of currency outside the Nigerian banking system has reached a new all-time high of N3.71 trillion in May ...
Cash outside banks hit 92% of currency in circulation in November 2023, higher than pre-Naira redesign level
About 92% of the CIC is outside the banking system as of November 2023.
Nigeria’s currency in circulation drops by N37.84 billion in February 2022
Currency in circulation in Nigeria fell by N37.94 billion in February to N3.25 trillion compared to N3.29 trillion recorded as ...
CBN intervention policies push currency in circulation to highest level in history
Nigeria's currency in circulation increased by 39.4% in the year compared to N2.91 trillion recorded as of the end of ...
Nigeria’s currency in circulation hit all time high of N2.97 trillion for October 2021
The total currency in circulation in Nigeria hit an all-time high of N2.97 trillion as of October 2021, data from ...
CBN recorded N2.9 trillion currency in circulation in 2020
The Central Bank of Nigeria recorded about N2.907 trillion currency in circulation in the economy as at end-December 2020. This ...
Currency-in-circulation declines by 6% in 5 months
Nigeria's currency-in-circulation between December 2018 and May 2019, has declined by 6%. This is according to @centralbank
