A staggering 90.5 percent of Nigeria’s ₦5.24 trillion currency in circulation remains outside the banking system, raising concerns about financial inclusion, cash management, and economic stability.
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Naira: It was a crisp morning in Lagos when Adamu, a leather goods manufacturer in Kano, received an unexpected call ...
The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government ...
Many Nigerians seek opportunities abroad for work, education, or a better quality of life. These currency tips will help whether you ...
UTC): Corrects attribution throughout. An earlier version said the information came from Binance.Nigeria's Federal Inland ...
The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...
ABUJA (Reuters) - Nigeria's annual inflation rate stood at 24.48% in January ... as inflation was driven up by President Bola ...
Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase from N3.65 ...