Nigeria's Money Supply Rises to N119.52 Trillion in August 2025 - CBN Data

In August 2025, Nigeria's broad money supply surged to N119.52 trillion, marking a significant increase from N107 trillion in August 2024. The Central Bank of Nigeria (CBN) released data showing a persistent expansion of liquidity in the financial system despite concerns about inflation and exchange rate volatility.

The data revealed a rise in net foreign assets to N trillion and net domestic assets to N trillion, indicating growth in credit to the private sector and government. The combined growth of net foreign assets and net domestic assets led to a substantial expansion in the country's overall money supply, prompting close monitoring by the CBN due to its implications for inflation and exchange rate stability.