Tuesday, Jan 31, 23

Cash Outside Banks now Stands at 80%, According to CBN

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Cash Outside Banks now Stands at 80%, According to CBN

According to the Central Bank of Nigeria (CBN), more than 80% of the currency in circulation is now held in cash outside of commercial institutions. This information was made public by the CBN’s Deputy Governor for Financial System Stability, Aisha Ahmad, during her appearance before the House of Representatives over the weekend to defend the
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