Nigeria Money Supply M0 - Forecast

Money Supply M0 in Nigeria is expected to be 1941367.60 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 1894030.11 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 14 14 14 14 14 12
Cash Reserve Ratio 22.5 22.5 22.5 22 22.5 20
Money Supply M0 1930696 1941368 1891011 1771520 1894030 1811767
Money Supply M1 11226313 11193032 11181327 11181369 11182039 11182319
Money Supply M2 25169014 25268983 25691551 26131580 26570589 31268160
Foreign Exchange Reserves 47622 47500 50900 55300 54381 21000
Deposit Interest Rate 9.6 9.6 9.6 9.6 9.6 7.6
Lending Rate 17.24 17.24 17.24 17.24 17.24 15.24