Money Supply M2 in Nigeria increased to 38849025.37 NGN Million in May from 38382883.36 NGN Million in April of 2021. source: Central Bank of Nigeria
Money Supply M2 in Nigeria averaged 12793143.18 NGN Million from 2000 until 2021, reaching an all time high of 38849025.37 NGN Million in May of 2021 and a record low of 648506.60 NGN Million in January of 2000. This page provides - Nigeria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M2 - values, historical data and charts - was last updated on July of 2021.
Money Supply M2 in Nigeria is expected to be 36500000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Nigeria to stand at 31500000.00 in 12 months time. In the long-term, the Nigeria Money Supply M2 is projected to trend around 28000000.00 NGN Million in 2022 and 26000000.00 NGN Million in 2023, according to our econometric models.