Nigeria's Money Supply Reaches N124.99 Trillion in April

As of April 2026, Nigeria's broad money supply (M3) has risen to N124.99 trillion, indicating a continued expansion of liquidity within the financial system, according to the latest monetary data from the Central Bank of Nigeria (CBN). This figure marks an increase from N123.12 trillion recorded in February 2026, representing a growth of nearly N1.87 trillion over a two-month period.

Notably, the CBN did not publish data for March 2026, creating a reporting gap. The CBN is actively working to balance inflation management with economic growth support, as the broad money supply encompasses total liquid assets available for spending, investment, and lending.

The latest figures indicate a strengthening of domestic liquidity conditions, despite a weakening in foreign asset positions. The CBN continues to adopt a cautious monetary policy stance aimed at stabilizing inflation and supporting economic recovery amid challenging macroeconomic conditions in Nigeria.