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Despite Tight Monetary Policy, Nigeria’s Money Supply Hits N133.25trn

Despite Tight Monetary Policy, Nigeria’s Money Supply Hits N133.25trn   Nigeria’s broad money supply climbed to N133.25tn in June 2026, up from N129.21tn in May, despite the Central Bank of Nigeria maintaining a benchmark Monetary Policy Rate at 26.5 per cent. This underscores continued growth in liquidity...

Currency-in-circulation Rises to N1.794 Trillion

The value of currency-in-circulation increased year-on-year to N1.794 trillion at the end of September 2016, compared with the N1.679 trillion it was at the end of August 2016. This was compiled from latest money and credit statistics posted on the Central Bank of Nigeria’s (CBN)...