Nigeria’s broad money supply rises to N129.21 trillion in May 2026

Nigeria’s broad money supply (M3) rose to N129.21 trillion in May 2026. This is according to latest data from the Central Bank of Nigeria (CBN) Money and Credit Statistics. Broad money, or M3, comprises currency in circulation outside banks, demand deposits, savings and time deposits, as well as foreign currency deposits. The data showed that

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