Money Supply Hits Record ₦119Trillion in April 2025
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Money Supply Hits Record ₦119Trillion in April 2025
Nigeria’s broad money supply surged to an all-time high of ₦119.11 trillion in April 2025, marking one of the sharpest monthly increases in recent quarters. Data from the Central Bank of Nigeria (CBN) showed this figure represented a 22.9% rise from ₦96.97 trillion in April 2024 and a 4.3% increase from ₦114.22 trillion in March 2025. This expansion occurred despite the CBN’s continued tight monetary stance. In its May 2025 meeting, the Monetary…
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