Money supply falls to N92.3tn in March – CBN Nigeria’s Money Supply has dropped marginally from N93.9tn in February to N92.3tn in March 2024, according to data from the Central Bank of Nigeria (CBN). Money supply refers to the total amount of monetary assets available in...

Money Supply Increased to N66.42trn in September - CBN   The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s money supply increased to N66.42 trillion in the month of September 2023, a marginal growth of about 1.94 per cent from N65.15 trillion in August 2023. The...

FG Spending: Money Supply Rise By 31.62% To N64.36trn   Following the growth in proceeds from the Federation Account Allocation Committee (FAAC) to the three tiers of government, money supply or M2 surged to an unprecedented N64.36 trillion last month, marking a significant 31.62 per cent...

Amid FG Borrowings, Money Supply Reached N53.27trn In January   On the back of the federal government increased borrowing, money supply (M3) in the economy increased to N53.27 trillion in January 2023, representing a 17.87 per cent Year-on-Year (YoY) increase from N45.19 trillion reported in January...