Currency in circulation, once the Fed's dominant liability, now comprises just 35% of assets due to the post-2008 quantitative easing expansion. Cash remains vital for daily transactions, especially ...
The Central Bank of Nigeria (CBN) has applied several policies in the last two years to control inflation Part of the measures include mopping up excess cash in supply and reducing the money in ...
Nigeria's total currency in circulation rose by over one trillion naira in one year, hitting N5.007trillion in the first half of the year, marking a 25 per cent increase year-on-year (YoY) from N4.04 ...