Nigeria: Money supply (broad money)

(measure: billion Nigerian Naira, source: Central Bank of Nigeria)
* indicates monthly or quarterly data series

Money supply, billion currency units in Nigeria, August, 2019: For that indicator, Central Bank of Nigeria provides data for Nigeria from 2000 to 2019. The average value for Nigeria during that period was 10717.71 billion Nigerian Naira with a minumum of 648.51 billion Nigerian Naira in January 2000 and a maximum of 28268.93 billion Nigerian Naira in July 2019. Click on the following link to see the values of Money supply, billion currency units around the world.
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Measure: billion Nigerian Naira
Source: Central Bank of Nigeria

Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.
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