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Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide rates

Summary by Nairametrics
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61 trillion recorded in January 2024. This expansion highlights the growing liquidity in the economy, fueled by both net foreign assets and net domestic assets. However, the Central Bank of Nigeria (CBN) did not provide figures […] The post Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide…
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Investors KingInvestors King

CBN Data Shows Nigeria’s Money Supply Reaches Record N110.98tn

Nigeria’s broad money supply (M3) rose by 117.3% year-on-year to N110.98 trillion in January 2025 from N94.61 trillion in January 2024, according to the latest data from the Central Bank of Nigeria (CBN). The surge in liquidity is attributed to a sharp rise in both net foreign assets and net domestic assets, signaling increased capital […] The post CBN Data Shows Nigeria’s Money Supply Reaches Record N110.98tn appeared first on Investors King.

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National Daily NewspaperNational Daily Newspaper

Nigeria’s money supply hits record N110.98trn in January amid inflation concerns

Nigeria’s broad money supply (M3) surged to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61 trillion recorded in January 2024. This sharp rise underscores the growing liquidity in the economy, driven by increases in both net foreign assets (NFA) and net domestic assets (NDA). The latest figures, released by the Central Bank of Nigeria (CBN), provide critical insights into the country’s monetary expansion…

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economicconfidential.comeconomicconfidential.com

MPC: Nigeria's Money Supply Rises N94.61tn to N110.9tn in One Year - Economic Confidential

MPC: Nigeria’s Money Supply Rises N94.61tn to N110.9tn in One Year Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in January 2024. Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn […] The post MPC: Nigeria’s Money Supply Rises N94.61tn to N110.9tn in One Year appeared…

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NairametricsNairametrics

Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide rates

Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61 trillion recorded in January 2024. This expansion highlights the growing liquidity in the economy, fueled by both net foreign assets and net domestic assets. However, the Central Bank of Nigeria (CBN) did not provide figures […] The post Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide…

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Nairametrics broke the news in on Wednesday, February 19, 2025.
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