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currency in circulation

Regulator Imposes N100 Million Foreign Exchange Fines
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Cash Levels Ease as Banks Claw Back Liquidity

Babatunde Junaid1 month ago1 month ago03 mins

The Central Bank of Nigeria has finally begun to coax cash back into the vaults. Fresh data show that currency outside banks (COB) fell for the second month straight, hitting N5.19 trillion in February 2026. This dip follows a long, stubborn climb where Nigerians seemed to prefer under-mattress storage to savings accounts. Bankers will view…

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Recent Posts

  • Telecoms Generated $810bn For Governments In 2025, GSMA
  • Ekiti Poll: ADC Confident As Babatola Cites APC, PDP Crises
  • US, Iran Agree To End War As Hormuz Reopens
  • Lawmakers Fulfil Just 22 of 92 Tracked Promises, Civic Group Reports
  • Naira Holds Steady at 1,360 Against US Dollar

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