Cash Demand Surges As Currency Outside Banks Hits N4.65trn

Leadership | 03-12-2025 02:50pm |

Nigeria’s appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling a renewed scramble for physical cash across households and businesses despite ongoing monetary tightening by the Central Bank of Nigeria (CBN). According to the latest Money and Credit Statistics obtained from the apex

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