Money Supply M2 in Nigeria increased to 28415371.99 NGN Million in November from 27634515.08 NGN Million in October of 2019.

Money Supply M2 in Nigeria averaged 11204420.14 NGN Million from 2000 until 2019, reaching an all time high of 35167529.95 NGN Million in April of 2019 and a record low of 648506.60 NGN Million in January of 2000. This page provides - Nigeria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Nigeria

Money Supply M2 in Nigeria is expected to be 26799200.96 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Nigeria to stand at 28500000.00 in 12 months time. In the long-term, the Nigeria Money Supply M2 is projected to trend around 30978050.71 NGN Million in 2020, according to our econometric models.

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Nigeria Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
28415371.99 27634515.08 35167529.95 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA

Nigeria Money Supply M2
Nigeria Money Supply M2 includes M1 plus short-term time deposits in banks.