Naira notes redesign: N52B out of N3 Trillion notes in circulation received by Nigerian banks

Naira notes redesign: N52B out of N3 Trillion notes in circulation received by Nigerian banks within 2 weeks

Barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes, about N52 billion cash has been deposited. Since it is believed that roughly N3 trillion in cash was in circulation when the apex bank announced the policy, there are signs that the deposit amount may…

Read more