Currency in Circulation Hits Historic Record as Naira Losses Value Against Dollar …C0NTINUE READING HERE >>>
The amount of currency in circulation has increased to an all-time high of N4.3 trillionSimilarly, a report showed that the currency outside of banks increased to N4.02 trillion in SeptemberMore worrisome, according to experts, is the fact that over 95% of the cash in circulation is not now in banks
Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
As of August 2024, the Central Bank of Nigeria (CBN) reported that the…
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