Tags : Currency in circulation

Currency In Circulation Falls By N107.08bn

Latest figures on currency from the Central Bank of Nigeria has revealed that currency in circulation fell by N107.08billion in July 2022. This is a drop from N3.35trillion in April to N3.24trillion in July 2022. According to the CBN, the CIC which stood at N3.33tn in May fell to N3.25tn in June. Currency in circulation […]Read More

Currency In Circulation Rose By N418bn In 2021

According to figures obtained from the Central Bank of Nigeria, the currency in circulation rose by N418bn from N2.91tn in December, 2020, to N3.33tn in December,  2021. The data showed that currency in circulation had increased by 19.06 percent from N2.44tn recorded as of December, 2019. Currency in circulation as currency outside the vaults of […]Read More

Currency In Circulation Rises By N1.15tn

According to data from the Central Bank of Nigeria, the currency in circulation in the country rose by ₦1.15 trillion in 2021 to ₦3.33 trillion as of December 2021.  The development, the highest level to be recorded in the year, is on the back of several monetary policies adopted by the financial regulator to increase […]Read More

Currency in circulation rose by N129bn in October

  The Central Bank of Nigeria has said that the currency in circulation in the country rose by N129bn to N2.97tn in October from N2.84tn in September 2021. Currency in circulation is defined as currency outside the vaults of the central bank – that is, all legal tender currency in the hands of the general […]Read More

Currency In Circulation Rises To N2.84tn

Figures obtained from the Central Bank of Nigeria showed that the currency in circulation rose to N2.84tn in September from N2.79tn in August. The currency in circulation rose to N2.81tn in July from N2.74tn at the end of June. It fell to N2.79tn in May from about N2.80tn at the end of April. Currency in […]Read More

Currency In Circulation Falls By N65.74bn In Four Months

The Central Bank of Nigeria’s latest figure has said the currency in circulation fell by an N65.74billion. This was a drop to N2.741 trillion at the end of June from N2.81 trillion in March,  According to the CBN, the currency in circulation, which stood at N2.796tn at the end of April, fell to N2.791tn in […]Read More

Currency In Circulation Drops To N2.78tn

The currency in circulation in the country dropped to N2.78 trillion in February from N2.83 trillion as of January 2021 – a N50 billion different. The figures obtained from the Central Bank of Nigeria disclosed that the currency in circulation dropped by N70bn in January from N2.9tn as of December 2020. Analysis showed that the […]Read More