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E-payments, digital channels reduce cash in circulation to N4.92tn
📅29 July 2026 at 13:26
📰Converseer
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The Central Bank of Nigeria (CBN) has revealed that cash in circulation outside the banking system dropped from N5. 41 trillion to N4.92 trillion within a six months period spanning December 2025 and June 2026 CBN, in a recent report titled ‘Money and Credit Statistics’, attributed the reduction to the rising use of e-payments or...
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