Currency in circulation, once the Fed's dominant liability, now comprises just 35% of assets due to the post-2008 quantitative easing expansion. Cash remains vital for daily transactions, especially ...
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Currency In Circulation Drops To N5tn In 6 Months
Nigeria's total currency in circulation rose by over one trillion naira in one year, hitting N5.007trillion in the first half of the year, marking a 25 per cent increase year-on-year (YoY) from N4.04 ...
The Central Bank of Nigeria (CBN) has revealed that Nigeria's currency in circulation jumped to N5.7 trillion as of December ...
Bankers have reaffirmed the need to strike a balance between cash and digital transactions, despite a sharp 97% rise in ...
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