Money Supply M0 in Nigeria increased to 4878125.22 NGN Million in November from 4549217.51 NGN Million in October of 2024. Money Supply M0 in Nigeria averaged 1154961.83 NGN Million from 1993 until 2024, reaching an all time high of 4878125.22 NGN Million in November of 2024 and a record low of 38580.37 NGN Million in February of 1993. source: Central Bank of Nigeria




Related Last Previous Unit Reference
Cash Reserve Ratio 50.00 50.00 percent Dec 2024
Deposit Interest Rate 9.53 11.65 percent Nov 2024
Foreign Exchange Reserves 40870.00 40240.00 USD Million Dec 2024
Interbank Rate 28.85 27.71 percent Jan 2025
Interest Rate 27.50 27.50 percent Dec 2024
Lending Rate 18.39 17.36 percent Nov 2024
Money Supply M0 4878125.22 4549217.51 NGN Million Nov 2024
Money Supply M1 36273927.36 34784293.44 NGN Million Nov 2024
Money Supply M2 108946684.26 107988822.02 NGN Million Nov 2024
Money Supply M3 108966480.44 107999619.24 NGN Million Nov 2024

Nigeria Money Supply M0
Nigeria Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money.
Actual Previous Highest Lowest Dates Unit Frequency
4878125.22 4549217.51 4878125.22 38580.37 1993 - 2024 NGN Million Monthly
Current Prices, NSA