Money Supply M1 in Nigeria increased to 44618638.73 NGN Million in May from 43757782.36 NGN Million in April of 2026. Money Supply M1 in Nigeria averaged 7532130.47 NGN Million from 1993 until 2026, reaching an all time high of 44618638.73 NGN Million in May of 2026 and a record low of 74220.52 NGN Million in January of 1993. source: Central Bank of Nigeria



Related Last Previous Unit Reference
Cash Reserve Ratio 45.00 45.00 percent May 2026
Deposit Interest Rate 9.89 9.17 percent May 2026
Foreign Exchange Reserves 49581.00 49370.00 USD Million May 2026
Interbank Rate 22.28 22.09 percent Jun 2026
Interest Rate 26.50 26.50 percent May 2026
Lending Rate 19.10 18.87 percent May 2026
Money Supply M0 5689981.32 5646391.19 NGN Million May 2026
Money Supply M1 44618638.73 43757782.36 NGN Million May 2026
Money Supply M2 129201004.57 124976277.40 NGN Million May 2026
Money Supply M3 129210667.02 124985936.87 NGN Million May 2026


Nigeria Money Supply M1
Actual Previous Highest Lowest Dates Unit Frequency
44618638.73 43757782.36 44618638.73 74220.52 1993 - 2026 NGN Million Monthly
Current Prices, NSA