Money Supply M1 in Nigeria decreased to 43259364.80 NGN Million in August from 43676109.42 NGN Million in July of 2026. Money Supply M1 in Nigeria averaged 7779948.41 NGN Million from 1993 until 2026, reaching an all time high of 44700810.23 NGN Million in June 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 Sep 2026
Deposit Interest Rate 10.34 10.07 percent Aug 2026
Foreign Exchange Reserves 54910.00 53310.00 USD Million Sep 2026
Interbank Rate 20.85 20.09 percent Oct 2026
Interest Rate 23.00 26.50 percent Sep 2026
Lending Rate 17.86 19.06 percent Aug 2026
Money Supply M0 5436319.24 5382692.97 NGN Million Aug 2026
Money Supply M1 43259364.80 43676109.42 NGN Million Aug 2026
Money Supply M2 139368410.07 138766807.84 NGN Million Aug 2026
Money Supply M3 139378088.55 138776472.32 NGN Million Aug 2026


Nigeria Money Supply M1
Actual Previous Highest Lowest Dates Unit Frequency
43259364.80 43676109.42 44700810.23 74220.52 1993 - 2026 NGN Million Monthly
Current Prices, NSA