Currency in circulation dropped to N2.83tn in Jan
Punch Newspapers Sections Nike Popoola Published 12 March 2021 Currency in circulation in the country dropped by N70bn to N2.83tn in January from N2.9tn as of December 2020, latest figures obtained from the Central Bank of Nigeria showed on Wednesday. According to the CBN, currency in circulation rose from N2.5tn as of the end of October to N2.66tn as of the end of November. The banking regulator stated in its November monthly economic report that currency outside depository corporations, transferrable deposits, and other deposits largely propelled growth in monetary liabilities at the end o...