Cash outside banks surges by N181.7bn in one month

Cash held outside the banking sector rose sharply in October 2025, climbing to N4.646tn from N4.465tn in September, according to new money and credit statistics released by the Central Bank of Nigeria.

The increase of N181.71bn marks one of the strongest monthly expansions recorded this year and highlights growing reliance on physical cash across the economy despite ongoing monetary tightening.

The latest figure also reflects a reversal from…