Nigeria’s money supply drops slightly to N123trn

…as currency outside bank drops 3% •Credit to govt, private sector shrinks  By Elizabeth Adegbesan Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in January 2025 from N124.4 trillion in December 2025, indicating low liquidity in the banking system despite a decline in interest rate. Central Bank of Nigeria (CBN) Open Market […] The post Nigeria’s money supply drops slightly to N123trn appeared first on Vanguard News.

By Urowayino Jeremiah