Nigeria Money Supply

The money supply (M2) in Nigeria, which is measured by broad money, grew by 2.16% to stand at N35.69 trillion in October 2020 compared to N34.94 trillion recorded in September 2020, recording an all-time high in October 2020 and a record low in January 2000.

Money supply in Nigeria has averaged N19.51trillion between January 2010 and October 2020.

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Money supply in Nigeria has averaged N21.1 trillion between January 2010 and July 2019.

Data Source: Central Bank of Nigeria

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