- The currency in circulation in Nigeria has risen to N2.7 trillion as of the end of August 2023
- The Central Bank of Nigeria said the amount increased by N1.7 trillion monthly
- The currency in circulation hit an all-time low of N982 billion in February 2023 when the naira redesign policy
Currency in circulation in Nigeria spiked by N1.7 trillion following increased cash transactions.
Data from the Central Bank of Nigeria as of Thursday, September 21, 2023, shows that the currency in circulation hit about N2.7 trillion as of the end of August 2023.
