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Nigeria’s Money Supply (M2) increased by 17.3 percent year-on-year, YoY, to N110.3 trillion in February 2025 from N93.97 trillion in the corresponding period of 2024. The Central Bank of Nigeria, CBN, disclosed this in its Money and Credit Statistics, released yesterday, which also showed that Credit to the economy fell by 13.4 per cent YoY to …
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Nigeria’s money supply rises 17% to N110.3 trn
Nigeria’s Money Supply (M2) increased by 17.3 percent year-on-year, YoY, to N110.3 trillion in February 2025 from N93.97 trillion in the corresponding period of 2024. The Central Bank of Nigeria, CBN, disclosed this in its Money and Credit Statistics, released yesterday, which also showed that Credit to the economy fell by 13.4 per cent YoY to