Money supply hits N99.23tn as currency outside banks rises despite CBN measures

Nigeria’s Money supply, M3 reached an all-time high of N99.23 trillion in May 2024 as currency outside increased to N3.70 trillion despite monetary tightening by the Central Bank of Nigeria, CBN. This is according to the latest Data from the apex bank. Data showed that M3 rose by 2.33 percent from N96.97 trillion recorded in [...]Money supply hits N99.23tn as currency outside banks rises despite CBN measures

Read More