Nigeria’s broad money supply (M3) dropped to N117.78 trillion in September 2025, marking a 1.6 p.c decline from N119.69 trillion in August.
That is in accordance with latest information from the Central Financial institution of Nigeria (CBN).
The decline got here amid the CBN Financial Coverage Committee’s determination to chop the Financial Coverage Price (MPR) at its 302nd assembly.
Nevertheless, regardless of the month-to-month drop, M3 was nonetheless up by 7.6 p.c on a yr-on-yr foundation in comparison with N109.41 trillion in September 2024, indicating a good stability between longer-time period liquidity growth and quick-time period tightening pressures.
Additionally, international property edged barely greater to N41.66 trillion from N41.59 trillion in August — a 0.2 p.c rise.
DAILY POST stories that M3 captures M2 (foreign money, demand deposits, and quasi-money) alongside different broad parts and is influenced by web home property and web international property.
Recall that CBN Governor Olayemi Cardoso, on the finish of the final MPC assembly, reduced the country’s MPR by 50 basis points to 27.00 percent, adjusted the Standing Amenities hall to +250/-250 foundation factors, raised the Money Reserve Requirement (CRR) for industrial banks to 45 p.c, and launched a 75 p.c CRR on non-TSA public sector deposits, whereas the Liquidity Ratio was retained at 30 p.c.
