Currency-in-circulation rose by 21.5 percent to N2.2 trillion in the last quarter of 2016, relative to the level in the third quarter of 2016, according to the Central Bank of Nigeria (CBN).
The development was due, largely, to the increase in its currency outside banks component.
The economic rep
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more