Nigeria’s money supply rises to N133.25 trillion despite 26.5% interest rate

Key points Main Story Nigeria’s broad money supply (M3) rose to N133.25 trillion in June 2026, up from N129.21 trillion recorded in May, despite the Central Bank of Nigeria (CBN) maintaining its benchmark interest rate at 26.5% as part of efforts to tame inflation and preserve macroeconomic stability. The latest figures, released in the CBN’s … Continue reading Nigeria’s money supply rises to N133.25 trillion despite 26.5% interest rate