Financial News Highlights May 7, 2024 – Money Outside Banks Rise To N3.63trn etc
Money outside banks rise to N3.63trn as lenders resume cash processing fees Money outside the banking system, also known as currency outside banks (COBs) rose by 10.67 percent in the first quarter of 2024, despite a decline in money supply (M2). Data from the Central Bank of Nigeria (CBN) showed that COBs increased […]
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