The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s broad money supply surged to N119.52 trillion in August 2025, marking a sharp increase from N117.4 trillion recorded in June 2025.
The August figures reflect a year-on-year rise from N107 trillion in August 2024, demonstrating the persistent expansion of liquidity in the financial system despite concerns over inflationary pressures and exchange rate volatility.
Notably, the apex bank did not release money supply data for July 2025.
The data further shows that Nigeria’s net foreign assets (NFA) climbed to N40.9 trillion in August 2025, marking an increase from N40.7 trillion recorded in June 2025.
The figures reveal a modest improvement in the country’s external reserves position, despite persistent challenges in the global and domestic financial markets.
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