Currency Outside Banks (CoB) increased by 66% based on Month-on-Month, N1.4 trillion in March, up from N843 billion in February 2023. This reflects the impact of the implementation of the Supreme Court order that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023.
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March
Consumer Price Index (CPI), in March 2023, rose to 22.04% from 21.91% the previous month, CPI measures the rate of change in the prices of goods and services. The latest CPI report