Money Supply M3 in Nigeria increased to 52140943.27 NGN Million in December from 51785745.45 NGN Million in November of 2022. source: Central Bank of Nigeria

Money Supply M3 in Nigeria averaged 26186229.99 NGN Million from 2009 until 2022, reaching an all time high of 52140943.27 NGN Million in December of 2022 and a record low of 10478417.29 NGN Million in January of 2010. This page provides - Nigeria Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M3 - values, historical data and charts - was last updated on February of 2023.

Money Supply M3 in Nigeria is expected to be 48000000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Nigeria Money Supply M3

Related Last Previous Unit Reference
Interest Rate 17.50 16.50 percent Jan 2023
Cash Reserve Ratio 32.50 32.50 percent Feb 2023
Interbank Rate 13.75 13.75 percent Feb 2023
Money Supply M1 20686476.65 21503412.00 NGN Million Dec 2022
Money Supply M0 3012057.17 3164256.76 NGN Million Dec 2022
Money Supply M2 51747302.38 51784485.54 NGN Million Dec 2022
Foreign Exchange Reserves 37040.00 37080.00 USD Million Jan 2023
Deposit Interest Rate 8.45 8.01 percent Nov 2022
Money Supply M3 52140943.27 51785745.45 NGN Million Dec 2022
Lending Rate 13.17 12.23 percent Nov 2022