Nigeria’s broad money supply contracts to N123.36 trillion in January 2026

Nigeria’s broad money supply (M3) fell to N123.36 trillion in January 2026, compared to N124.4 trillion recorded in December 2025. The figures are contained in the latest monetary statistics released by the Central Bank of Nigeria. Broad money, or M3, comprises currency in circulation outside banks, demand deposits, savings and time deposits, as well as foreign currency deposits. The

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