Money Supply M2 in Nigeria decreased to 38026970.91 NGN Million in March from 38230860.01 NGN Million in February of 2021. source: Central Bank of Nigeria
Money Supply M2 in Nigeria averaged 12594506.17 NGN Million from 2000 until 2021, reaching an all time high of 38230860.01 NGN Million in February 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 May of 2021.
Money Supply M2 in Nigeria is expected to be 38700000.00 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 32000000.00 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 30570000.00 NGN Million in 2023, according to our econometric models.