Nigeria Money Supply M0 - Forecast

Money Supply M0 in Nigeria is expected to be 1771520.02 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 1915294.03 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.


Forecast Data Chart
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Nigeria Money Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 14 14 14 13.75 13.5 12
Cash Reserve Ratio 22.5 22.5 22.5 22.5 22.5 20
Money Supply M0 1926382 1771520 1914083 1915350 1915294 1811767
Money Supply M1 10681494 10781270 10905079 11030683 11156367 12286023
Money Supply M2 25277071 25665821 26079683 26490791 26899989 30499292
Foreign Exchange Reserves 45909 55300 47770 48082 48307 57000
Deposit Interest Rate 8.77 8.77 8.77 8.52 8.27 6.77
Lending Rate 16.65 16.83 16.83 16.58 16.33 14.83