Nigeria: Money supply (broad money)

(measure: billion currency units, source: Central Bank of Nigeria)
* indicates monthly or quarterly data series
Money supply, billion currency units in Nigeria, May, 2018: Data for that indicator for Nigeria are available from 2000 to 2018. During that period, the average value for Nigeria was 9643.44 billion currency units with a high of 25169.01 billion currency units in May 2018 and a low of 648.51 billion currency units in January 2000. The source of the data for this indicator for Nigeria is: Central Bank of Nigeria. Click on the following link to see the values of Money supply, billion currency units around the world.
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Measure: billion currency units
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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