Nigeria’s money supply (M2) surged to a new high of N107.1 trillion in August 2024, marking a 0.75% month-on-month (M-o-M) increase from N106.3 trillion in July and a 5.6% rise from N101.4 trillion in June, according to the latest figures from the Central Bank of Nigeria (CBN). This sharp rise in liquidity continues to pose …
