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Money Supply M0, M1, M2, M3 in Nigeria

Nigeria Money Supply Data

Indicator Data Period
Money Supply M0 2660139 NGN Million | 3.484 B USD Aug/23
Money Supply M1 24022300 NGN Million | 31.461 B USD Aug/23
Money Supply M2 64892600 NGN Million | 84.986 B USD Aug/23
Money Supply M3 65445152 NGN Million | 85.71 B USD Aug/23


Latest data on Money Supply M0 (NGN Million)

Money Supply M0
                     Nigeria - Historical Data (NGN Million)

How much M0 Money Supply is in Nigeria?

  • Money Supply M0 in Nigeria 2660139 NGN Million (3.484 B USD) 2660139 NGN Million (3.484 B USD) in August 2023. The maximum volume was 2908462 NGN Million and minimum was 38580 NGN Million
  • Data published Monthly by Central Bank.

Historical Data (NGN Million) by years

Data
Period
Date
2660139 Aug/23 30.09.2023
2595762 Jul/23 19.08.2023
2603267 Jun/23 22.07.2023
2526680 May/23 24.06.2023
2379074 Apr/23 20.05.2023
1683498 Mar/23 29.04.2023
982098 Feb/23 25.03.2023
1386398 Jan/23 25.02.2023


Historical Chart by presidents (NGN Million)

Money Supply M0 in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 1873544.0000 1957219.2500 2157229.7500 1769750.5000 4.47%


Latest data on Money Supply M1 (NGN Million)

Money Supply M1
                     Nigeria - Historical Data (NGN Million)

How much M1 Money Supply is in Nigeria?

  • Money Supply M1 in Nigeria 24022300 NGN Million (31.461 B USD) 24022300 NGN Million (31.461 B USD) in August 2023. The maximum volume was 16551197 NGN Million and minimum was 74221 NGN Million
  • Data published Monthly by Central Bank.

Historical Data (NGN Million) by years

Data
Period
Date
24022300 Aug/23 30.09.2023
24157118 Jul/23 19.08.2023
24494926 Jun/23 22.07.2023
22466188 May/23 24.06.2023
22578104 Apr/23 20.05.2023
21352528 Mar/23 29.04.2023
20958760 Feb/23 25.03.2023
20964942 Jan/23 25.02.2023


Historical Chart by presidents (NGN Million)

Money Supply M1 in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 9883821.0000 10670629.0000 11036352.0000 9883821.0000 7.96%


Latest data on Money Supply M2 (NGN Million)

Money Supply M2
                     Nigeria - Historical Data (NGN Million)

How much M2 Money Supply is in Nigeria?

  • Money Supply M2 in Nigeria 64892600 NGN Million (84.986 B USD) 64892600 NGN Million (84.986 B USD) in August 2023. The maximum volume was 38849024 NGN Million and minimum was 648507 NGN Million
  • Data published Monthly by Central Bank.

Historical Data (NGN Million) by years

Data
Period
Date
64892600 Aug/23 30.09.2023
64926252 Jul/23 19.08.2023
64358216 Jun/23 22.07.2023
55500912 May/23 24.06.2023
55646744 Apr/23 20.05.2023
54191660 Mar/23 29.04.2023
52921784 Feb/23 25.03.2023
52966480 Jan/23 25.02.2023


Historical Chart by presidents (NGN Million)

Money Supply M2 in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 21674212.0000 24520634.0000 24520634.0000 21674212.0000 13.13%


Latest data on Money Supply M3 (NGN Million)

Money Supply M3
                     Nigeria - Historical Data (NGN Million)

How much M3 Money Supply is in Nigeria?

  • Money Supply M3 in Nigeria 65445152 NGN Million (85.71 B USD) 65445152 NGN Million (85.71 B USD) in August 2023. The maximum volume was NGN Million and minimum was NGN Million
  • Data published Monthly by Central Bank.

Historical Data (NGN Million) by years

Data
Period
Date
65445152 Aug/23 07.10.2023
65466116 Jul/23 09.09.2023
64906932 Jun/23 11.08.2023
55803848 May/23 14.07.2023
56043932 Apr/23 17.06.2023
54634064 Mar/23 20.05.2023
53295072 Feb/23 25.03.2023
53270208 Jan/23 25.02.2023


Historical Chart by presidents (NGN Million)

Money Supply M3 in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Nigeria

Index Updated Actual Previous
Interbank Rate Oct/23 11.94 % 11.94
Interest Rate Aug/23 18.75 % 18.75
Deposit Interest Rate Aug/23 7.55 % 7.62
Foreign Direct Investment 4Q/22 0.753 B USD 0.726
Private Sector Credit  Aug/23 71.719 B USD 70.929

Money Supply M1 in other countries

Country Updated Actual Previous
Egypt Aug/23 69.448 B USD 67.833
Kenya Jul/23 14.273 B USD 14.085
Zimbabwe 216333 15599.407 B USD 14765.874
Tanzania Jul/23 8.142 B USD 8.111
Tunisia Jun/23 0.016 B USD 0.015
Nigeria Aug/23 31.461 B USD 31.637
Sudan Feb/23 4.31 B USD 4.122
Morocco Aug/23 120.995 B USD 120.812
Seychelles Aug/23 0.672 B USD 0.672
South Africa Aug/23 137.692 B USD 136.938
Uganda Aug/23 4.266 B USD 4.29
Rwanda Jul/23 1.628 B USD 1.517
Liberia 2Q/23 0.697 B USD 0.618
Namibia Aug/23 4.184 B USD 4.139
Swaziland Aug/23 0.445 B USD 0.447
Libya Jun/23 24.491 B USD 23.479
Angola Aug/23 9.103 B USD 8.761
Botswana Jun/23 1.881 B USD 1.863
Comoros Mar/23 0.306 B USD 0.311
Djibouti Dec/22 1.129 B USD 1.129
Equatorial Guinea May/23 1.517 B USD 1.484
Gambia Jun/23 0.608 B USD 0.594
Guatemala Aug/23 21.619 B USD 21.953
Guinea Feb/22 4.782 B USD 4.698
Lesotho 1Q/23 0.411 B USD 0.356
Malawi Dec/22 1.262 B USD 1.141
Sao Tome and Principe Aug/23 0 B USD 0
Sierra Leone Apr/23 0 B USD 0