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 for December 2024, leaving a crucial gap in understanding monetary movements during the peak holiday spending season.