Tag
BROAD MONEY SUPPLY
Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing domestic borrowings by the Federal Government, according to the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria (CBN) has stated that broad money supply (M3) in the Nigerian economy rose...
The CBN has disclosed that at the end of December 2019, about N2.44 trillion was in circulation, an increase from N2.2 trillion recorded in November. .