LAGOS — Nigeria's broad money supply rose to N139.38 trillion in August 2026, up 12.4 per cent since the start of the year and 16.5 per cent from a year earlier, according to data from the Central Bank of Nigeria. Net domestic assets rose 31 per cent year-on-year to N101.99 trillion, while net foreign assets fell 10.1 per cent to N37.39 trillion. David Adonri of Highcap Securities linked the increase to the conversion of foreign exchange into naira and government spending.
Money Supply Rises 12.4% to N139.38trn This Year
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