Nigeria’s broad money supply (M3) fell marginally to N123.15 trillion in February 2026, down from N123.36 trillion in January 2026.
This is according to the latest data released by the Central Bank of Nigeria (CBN).
Despite the monthly decline, M3 remains significantly higher than the N110.71 trillion recorded in February 2025, highlighting a continued year-on-year expansion in liquidity across the economy.
Broad money, or M3, captures the total liquidity available for spending, investment, and lending, including currency in circulation, demand, savings, and time deposits, as well as foreign currency holdings.
This is according to the latest data released by the Central Bank of Nigeria (CBN).
Despite the monthly decline, M3 remains significantly higher than the N110.71 trillion recorded in February 2025, highlighting a continued year-on-year expansion in liquidity across the economy.
Broad money, or M3, captures the total liquidity available for spending, investment, and lending, including currency in circulation, demand, savings, and time deposits, as well as foreign currency holdings.