Money Supply M1 in Nigeria increased to 11130260.91 NGN Million in October from 10681493.86 NGN Million in September of 2018. Money Supply M1 in Nigeria averaged 4652344.50 NGN Million from 2000 until 2018, reaching an all time high of 11271506.82 NGN Million in December of 2016 and a record low of 396991.90 NGN Million in January of 2000.

Nigeria Money Supply M1
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Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 1956009.42 1926382.16 2179174.28 193939.30 NGN Million [+]
Money Supply M1 11130260.91 10681493.86 11271506.82 396991.90 NGN Million [+]
Money Supply M2 25713707.60 25277071.26 25713707.60 648506.60 NGN Million [+]
Foreign Exchange Reserves 42128.00 44458.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.44 8.77 27.00 2.00 percent [+]
Lending Rate 16.65 16.83 37.80 6.00 percent [+]
Money Supply M3 33607642.22 34014493.81 34422668.24 10478417.29 NGN Million [+]


Nigeria Money Supply M1

This page provides - Nigeria Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M1 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
11130260.91 10681493.86 11271506.82 396991.90 2000 - 2018 NGN Million Monthly
Current Prices, NSA




Country Last
Argentina 1254077.70 Sep/18
Australia 357.10 Sep/18
Brazil 359886.83 Oct/18
Canada 992223.00 Sep/18
China 54010.00 Oct/18
Euro Area 8168938.00 Sep/18
France 1253994.00 Sep/18
Germany 2146.50 Sep/18
India 32917.10 Sep/18
Indonesia 1411672.60 Sep/18
Italy 1178020.00 Sep/18
Japan 763800.50 Oct/18
Mexico 4159638869.00 Sep/18
Netherlands 400006.00 Sep/18
Russia 20575.52 Sep/18
Saudi Arabia 1201274.00 Sep/18
Singapore 184257.60 Sep/18
South Africa 1758710.00 Sep/18
South Korea 846035.30 Sep/18
Spain 979588.00 Sep/18
Switzerland 654616.00 Sep/18
Turkey 522974069.80 Oct/18
United Kingdom 1750911.00 Sep/18
United States 3738.40 Oct/18


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