Nigeria Money Supply M0  Forecast


Money Supply M0 in Nigeria is expected to be 1751100.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M0 in Nigeria to stand at 1770729.27 in 12 months time. In the long-term, the Nigeria Money Supply M0 is projected to trend around 1811767.48 NGN Million in 2020, according to our econometric models.


Nigeria Money Supply M0
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Nigeria Money Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 14 14 14 13 13 10.5
Cash Reserve Ratio 22.5 22.5 22.5 21.54 21.07 20
Money Supply M0 1769750 1751100 1782123 1775956 1770729 1811767
Money Supply M1 10325981 10284157 10305591 10307165 10307285 10307294
Money Supply M2 22200319 22181484 22179507 22151677 22122595 21834585
Foreign Exchange Reserves 31800 21000 20000 31290 31086 21000
Deposit Interest Rate 7.5 10.15 10.15 8.29 8.23 8.41
Interbank Rate 0 0 0 2.87 3.97 9.41
Lending Rate 17.65 16.8 16.8 17.49 17.44 16