Nigeria’s Money Supply Reaches N108.9 Trillion, Up 68% Year-On-Year
In a significant economic development, Nigeria's money supply (M3) soared to N108.95 trillion in September 2024, marking a 62.8% increase ...
Tag: Money supply
Nigeria’s Money Supply Nears N100 Trillion in May 2024 Despite MPC Tightening Efforts
Nigeria’s money supply (M3) has soared to nearly N100 trillion, reaching N99.24 trillion in May 2024. This represents a 2% ...
Money Outside Banks Surges to N3.63 Trillion as Cash Processing Fees Resume
Despite a decline in overall money supply (M2), currency outside banks (COBs) in Nigeria witnessed a notable increase of 10.67 ...
Nigeria’s Money Supply Soars 17% in Two Months, Triggering Economic Concerns
Nigeria's money supply experienced a significant uptick of 17 percent over a two-month period, reaching its peak in July, driven ...
Analyzing Nigeria’s Money Supply: Money Supply drops, as currency in circulation rises by 6.32%
Money supply, also known as M3, decreased by 0.43 percent in May 2023 according to the Central Bank of Nigeria ...
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