Money Supply M2 in Nigeria decreased to 32171336.26 NGN Million in June from 32490532.24 NGN Million in May of 2020.
Money Supply M2 in Nigeria averaged 11748195.64 NGN Million from 2000 until 2020, reaching an all time high of 35167529.95 NGN Million in April of 2019 and a record low of 648506.60 NGN Million in January of 2000. This page provides - Nigeria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M2 - values, historical data and charts - was last updated on August of 2020. source: Central Bank of Nigeria
Money Supply M2 in Nigeria is expected to be 28500000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Nigeria to stand at 28500000.00 in 12 months time. In the long-term, the Nigeria Money Supply M2 is projected to trend around 29329153.01 NGN Million in 2021 and 30978050.71 NGN Million in 2022, according to our econometric models.