Banks Deposits Rose to N1.1trillion in March

Banks’ demand deposits rose by N1.1tn in three months to N16.89tn as of the end of March.

According to the Central Bank of Nigeria, CBN, the figure, which stood at N15.81tn as of the end of January, rose to N16.17tn as of the end of February.

The CBN disclosed that currency in circulation fell by N42.43bn between January and Mar