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% ...
Tag: Money supply
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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