Nigeria’s money supply (M3) jumped 62.8% year-on-year (YoY) in September 2024, despite the Central Bank of Nigeria’s (CBN) recent efforts to limit liquidity to control inflation. According to the latest CBN data, the money supply (M3) reached N108.95 trillion in September 2024, up from N66.94 trillion in September 2023. On a month-over-month (MoM) basis, the … Continue reading Nigeria’s Money Supply Surges To N108.9 Trillion, Growing 68% In One Year