Economy · Punch ·
Cash outside Nigerian banks rises to N4.92tn in September – CBN
Cash held outside Nigerian banks rose to N4.92 trillion in September 2026, up by N48.73 billion from August. This formed part of a broader increase in money supply to N146.6 trillion, following the CBN's decision to cut its benchmark interest rate by 350 basis points to 23%.
Pidgin: Cash wey dey outside Nigerian banks don rise go N4.92 trillion for September 2026, e add N48.73 billion from August. Na part of di bigger money supply wey don reach N146.6 trillion, after CBN cut dia benchmark interest rate by 350 basis points go 23%.
How this affects you: No direct impact stated in source.
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