CBN Data Dump: Money Supply Swells as Rate Holders Brace for Next Move

N139.38 trillion — Nigeria's broad money supply in August, up 16.4% year-on-year and climbing 0.4% month-on-month despite the Central Bank holding rates at 26.50%. The CBN's MPC meets next week, and this liquidity surge is exactly the kind of number that makes rate-setters lose sleep.

Money Moves

• Private sector credit hits N84.55 trillion — Third consecutive monthly gain, up N1.13 trillion (1.35%) from July and 11.4% above August 2025...