Nigeria — Money supply (M1)

millions of LCU · Annual · 1951–2024 · 74 observations

About this series

M1 is a narrow money aggregate that usually includes currency and transferable deposits. Its precise composition follows the country's statistical definition.

The money supply (M1) reading for Nigeria was 38.81T LCU in 2024. The previous reading was 30.12T LCU in 2023; the period change was +28.9%.

100.00M1.00B10.00B100.00B1.00T10.00T1951201020152024LCUSubscribe to view

Get the full series

  • Annual data, 1951–2024
  • Quarterly data, 1981–2024
  • Monthly data, 2007–2026
  • All 3 sources, downloadable

Latest observations

2010–2024

PeriodValue
202438.81T LCU
202330.12T LCU
202220.75T LCU
202118.06T LCU
202015.84T LCU
10 earlier values, back to 2010
201910.65T LCU
201810.40T LCU
20178.95T LCU
20167.70T LCU
20156.76T LCU
20146.38T LCU
20135.30T LCU
20125.25T LCU
20114.06T LCU
20103.91T LCU
Data release 2026_08_27_1049, published 30 Sept 2026.