The Central Bank of Nigeria (CBN)has said there were 2.3 billion Nigeria coins in circulation in the country in the first half of the year.
According to the CBN Economic Report released recently, the coins were worth N1.60 billion.
It further noted that the coins comprised of 1 kobo, 10 kobo, 25 kobo, 50 kobo, N1 and N2 denominations.
In the period under review, 31.4 million pieces of the 1 kobo coin worth N3 million were in circulation.
Also, 315.6 million pieces of the 10 kobo coin valued at N32 million were in circulation, 348.3 million pieces of the 25 kobo coin valued N87 million were in circulation, while 681.5 million pieces of the 50 kobo coin valued at N340 million were in circulation.
Similarly, 736.1 million pieces of the N1 coin worth N740 million were in circulation, while 204.4 million pieces of the N2 coin valued at N410 million were in circulation in H1 2018.