Nairametrics
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61 trillion recorded in January 2024. This expansion highlights the growing liquidity in the economy, fueled by both net foreign assets and net domestic assets. However, the Central Bank of Nigeria (CBN) did not provide figures […]
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Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide rates
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61 trillion recorded in January 2024. This expansion highlights the growing liquidity in the economy, fueled by both net foreign assets and net domestic assets. However, the Central Bank of Nigeria (CBN) did not provide figures