See How Much Cash CBN Need To Scoop Out From The Public

 

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Emefiele: We’ve collected N1.9trn old naira notes so far — N900bn more to go

October 2022
Circulation: N3.23trn
Banking Industry: N500bn
People’s Homes: N2.7trn

January 2023
Circulation: N3.23trn
Banking Industry: N2.4trn
People’s Homes: N900bn