Money Supply M3 in Nigeria increased to 48865823.53 NGN Million in June from 48556908.61 NGN Million in May of 2022. source: Central Bank of Nigeria

Money Supply M3 in Nigeria averaged 25226384.15 NGN Million from 2009 until 2022, reaching an all time high of 48865823.53 NGN Million in June of 2022 and a record low of 10478417.29 NGN Million in January of 2010. This page provides - Nigeria Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M3 - values, historical data and charts - was last updated on August of 2022.

Money Supply M3 in Nigeria is expected to be 46500000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Money Supply M3 is projected to trend around 46000000.00 NGN Million in 2023 and 45000000.00 NGN Million in 2024, according to our econometric models.

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Nigeria Money Supply M3



Related Last Previous Unit Reference
Interest Rate 14.00 13.00 percent Jul 2022
Cash Reserve Ratio 27.50 27.50 percent Aug 2022
Interbank Rate 4.22 4.22 percent Aug 2022
Money Supply M1 20392537.22 20608106.85 NGN Million Jun 2022
Money Supply M0 3259269.15 3331796.22 NGN Million Jun 2022
Money Supply M2 48797867.32 48555975.14 NGN Million Jun 2022
Foreign Exchange Reserves 39250.00 39090.00 USD Million Jul 2022
Deposit Interest Rate 4.55 4.70 percent Jun 2022
Money Supply M3 48865823.53 48556908.61 NGN Million Jun 2022
Lending Rate 12.29 11.96 percent Jun 2022