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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

Money supply rises 111% to N139trn

Analyst warns of inflationary risks, urges productive deployment By Peter Egwuatu Nigeria’s broad money supply, M3, more than doubled in three years to August 2026, rising by 110.6 per cent to N139.4 trillion, from…

Aggregated · originally by Vanguard
1 Oct 2026, 07:01 WAT · 3 min read
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Money supply rises 111% to N139trn

Analyst warns of inflationary risks, urges productive deployment By Peter Egwuatu Nigeria’s broad money supply, M3, more than doubled in three years to August 2026, rising by 110.6 per cent to N139.4 trillion, from…