Currency in circulation devalues to N3.24tn

Currency in circulation fell by N107.08bn from N3.35tn in April to N3.24tn in July, latest figures on currency from the Central Bank of Nigeria has revealed. According to the CBN, the CIC which stood at N3.33tn in May fell to N3.25tn in June. The CBN recently warned Deposit Money Banks against accepting mutilated naira notes, explaining that they were not the real currencies in…
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