According to information obtained by The Nation yesterday, the Central Bank of Nigeria (CBN) may put more brand-new naira notes into circulation today through banks.
Since December 15 of last year, around 500 billion of the new notes have been put into circulation.
Nearly N1 trillion will enter circulation as part of the apex plan to pump more money today, a CBN board member confirmed to The Nation yesterday.
The board member who pleaded for anonymity said: “The CBN will do the needful to ensure that innocent Nigerians’ pains are eliminated. To this end, more new naira notes will be allocated to the banks from Monday for disbursing to the public.â€