Currency in circulation rises 81% to N5.4trn

🇳🇬 Vanguard Nigeria (NG) —
Currency in circulation rises 81% to N5.4trn

AI Summary

Currency in circulation in Nigeria rose 81% to 5.4 trillion naira, according to data from the Central Bank of Nigeria’s money and credit statistics. The report cites a particularly sharp increase between August 2023 and August 2024.

Data from CBN, Money and Credit Statistics show that the strongest increase occurred between August 2023 and August 2024 when currency in circulation rose to N4.55 trillion The post Currency in circulation rises 81% to N5.4trn appeared first on Vanguard News.

World Markets Nigeria currency in circulation naira money supply Central Bank of Nigeria financial statistics

Read original source →