Nigeria Money Supply M1

1990 - 2026 | Monthly | USD mn | CEIC Data

Key information about Nigeria Money Supply M1

  • Nigeria Money Supply M1 was reported at 30.542 USD bn in Jan 2026
  • This records an increase from the previous number of 29.362 USD bn for Dec 2025
  • Nigeria Money Supply M1 data is updated monthly, averaging 32.537 USD bn from Apr 1990 to Jan 2026, with 430 observations
  • The data reached an all-time high of 50.619 USD bn in Aug 2022 and a record low of 27.397 USD mn in Apr 1990. Nigeria Money Supply M1 data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M1: USD: Monthly

CEIC converts monthly Money Supply M1 into USD. The Central Bank of Nigeria provides Money Supply M1 in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Money Supply M1 from Apr 1990 to Jan 2026 in the chart:

Nigeria Money Supply M1

What was Nigeria's Money Supply M1 in Jan 2026?

Nigeria Money Supply M1 was reported at 30.542 USD bn in Jan 2026 See the table below for more data.

Last Previous Min Max Unit Frequency Range
30,541.947 Jan 2026 29,361.987 Dec 2025 27.397 Apr 1990 50,619.430 Aug 2022 USD mn monthly Apr 1990 - Jan 2026

Money Supply M1 by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 12,035.284 Feb 2026 monthly Dec 1993 - Feb 2026
Algeria (USD mn) 130,782.108 Dec 2024 monthly Jan 2001 - Dec 2024
Argentina (USD mn) 35,543.541 Jan 2026 monthly Jan 1990 - Jan 2026
Armenia (USD mn) 7,010.398 Dec 2025 monthly Jan 2002 - Dec 2025
Australia (USD mn) 1,409,558.511 Feb 2026 monthly Feb 1975 - Feb 2026
Austria (USD mn) 372,325.615 Feb 2026 monthly Jul 1969 - Feb 2026
Azerbaijan (USD mn) 18,099.597 Feb 2026 monthly Dec 1995 - Feb 2026
Bahrain (USD mn) 7,439.887 Sep 2025 monthly Dec 1974 - Sep 2025
Bangladesh (USD mn) 39,359.134 Jan 2026 monthly Jun 1986 - Jan 2026
Belarus (USD mn) 12,362.078 Feb 2026 monthly Nov 1993 - Feb 2026
Belgium (USD mn) 310,091.061 Feb 2026 monthly Dec 1996 - Feb 2026
Bolivia (USD mn) 18,421.602 Jan 2026 monthly Dec 1987 - Jan 2026
Bosnia and Herzegovina (USD mn) 16,201.055 Feb 2026 monthly Aug 1997 - Feb 2026
Botswana (USD mn) 2,721.343 Nov 2025 monthly Dec 2000 - Nov 2025
Brazil (USD mn) 121,635.316 Feb 2026 monthly Feb 1986 - Feb 2026
Brunei (USD mn) 4,790.733 Jan 2026 monthly Jan 1999 - Jan 2026
Bulgaria (USD mn) 100,366.350 Feb 2026 monthly Dec 1995 - Feb 2026
Cambodia (USD mn) 15,052.523 Jan 2026 monthly Jan 1995 - Jan 2026
Canada (USD mn) 1,289,660.692 Jan 2026 monthly Mar 1975 - Jan 2026
Chile (USD mn) 67,313.063 Mar 2026 monthly Dec 1965 - Mar 2026
China (USD mn) 15,961,806.433 Sep 2025 monthly Jan 1997 - Sep 2025
Colombia (USD mn) 54,495.438 Sep 2025 monthly Jan 1984 - Sep 2025
Croatia (USD mn) 68,024.576 Feb 2026 monthly Jun 1994 - Feb 2026
Czech Republic (USD mn) 282,659.606 Feb 2026 monthly Jan 2002 - Feb 2026
Denmark (USD mn) 265,187.192 Feb 2026 monthly Jan 1991 - Feb 2026
Ecuador (USD mn) 33,367.727 Jan 2026 monthly Dec 2006 - Jan 2026
Egypt (USD mn) 83,516.550 Feb 2026 monthly Jan 1996 - Feb 2026
Estonia (USD mn) 22,875.570 Feb 2026 monthly Jan 1993 - Feb 2026
European Union (USD mn) 13,282,924.956 Feb 2026 monthly Jan 1999 - Feb 2026
Finland (USD mn) 169,374.504 Feb 2026 monthly Jan 1980 - Feb 2026
France (USD mn) 1,905,504.248 Feb 2026 monthly Dec 1977 - Feb 2026
Georgia (USD mn) 7,309.230 Feb 2026 monthly Oct 1995 - Feb 2026
Germany (USD mn) 3,447,295.207 Feb 2026 monthly Jan 1957 - Feb 2026
Ghana (USD mn) 14,789.477 Sep 2025 quarterly Mar 1990 - Sep 2025
Greece (USD mn) 241,304.553 Feb 2026 monthly Jan 2001 - Feb 2026
Hong Kong SAR, China (USD mn) 234,193.375 Feb 2026 monthly Jan 1985 - Feb 2026
Hungary (USD mn) 113,511.967 Feb 2026 monthly Jan 1998 - Feb 2026
Iceland (USD mn) 5,745.513 Feb 2026 monthly Apr 1960 - Feb 2026
India (USD mn) 821,139.185 Feb 2026 monthly Jan 1957 - Feb 2026
Indonesia (USD mn) 199,352.142 Feb 2026 monthly Feb 1968 - Feb 2026
Iran (USD mn) 51,692.732 Sep 2025 monthly Dec 1999 - Sep 2025
Ireland (USD mn) 363,736.932 Feb 2026 monthly Jan 1990 - Feb 2026
Israel (USD mn) 171,915.510 Oct 2025 monthly Jan 1997 - Oct 2025
Italy (USD mn) 2,092,283.436 Jan 2026 monthly Dec 1974 - Jan 2026
Ivory Coast (USD mn) 33,194.956 Jan 2026 monthly Jan 2004 - Jan 2026
Japan (USD mn) 7,141,728.003 Jan 2026 monthly Jan 1957 - Jan 2026
Jordan (USD mn) 23,370.215 Sep 2025 monthly Jan 2000 - Sep 2025
Kazakhstan (USD mn) 22,699.688 Feb 2026 monthly Dec 1993 - Feb 2026
Kenya (USD mn) 18,550.470 Dec 2025 monthly Dec 1995 - Dec 2025
South Korea (USD mn) 934,313.435 Jan 2026 monthly Jan 1970 - Jan 2026
Kuwait (USD mn) 36,662.520 Feb 2026 monthly Jan 1994 - Feb 2026
Kyrgyzstan (USD mn) 6,398.516 Jan 2026 monthly Jan 1994 - Jan 2026
Laos (USD mn) 1,461.469 Dec 2025 quarterly Dec 1999 - Dec 2025
Latvia (USD mn) 21,358.098 Feb 2026 monthly Jul 2003 - Feb 2026
Lebanon (USD mn) 1,240.438 Nov 2025 monthly Dec 1979 - Nov 2025
Lithuania (USD mn) 61,482.439 Feb 2026 monthly Dec 1993 - Feb 2026
Luxembourg (USD mn) 393,645.410 Feb 2026 monthly Jan 1999 - Feb 2026
Macau SAR, China (USD mn) 10,275.863 Feb 2026 monthly Jun 1984 - Feb 2026
North Macedonia (USD mn) 6,246.593 Feb 2026 monthly Jan 2003 - Feb 2026
Malawi (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Malaysia (USD mn) 187,097.924 Feb 2026 monthly Dec 1969 - Feb 2026
Malta (USD mn) 31,066.351 Feb 2026 monthly Jan 1980 - Feb 2026
Mauritius (USD mn) 1,326.955 Feb 2026 monthly Jun 2005 - Feb 2026
Mexico (USD mn) 498,491.261 Feb 2026 monthly Dec 1985 - Feb 2026
Moldova (USD mn) 6,225.880 Feb 2026 monthly Jan 2000 - Feb 2026
Mongolia (USD mn) 3,027.418 Feb 2026 monthly Dec 1996 - Feb 2026
Morocco (USD mn) 171,089.435 Feb 2026 monthly Jan 1985 - Feb 2026
Myanmar (USD mn) 28,990.156 Sep 2025 monthly Apr 2012 - Sep 2025
Nepal (USD mn) 8,132.802 Mar 2026 monthly Jan 2001 - Mar 2026
Netherlands (USD mn) 609,191.208 Feb 2026 monthly Dec 1982 - Feb 2026
New Zealand (USD mn) 79,777.200 Feb 2026 monthly Dec 2016 - Feb 2026
Nigeria (USD mn) 30,541.947 Jan 2026 monthly Apr 1990 - Jan 2026
Norway (USD mn) 320,163.310 Feb 2026 monthly Dec 1992 - Feb 2026
Oman (USD mn) 20,557.607 Nov 2025 monthly Jan 1999 - Nov 2025
Pakistan (USD mn) 52,355.774 Mar 2026 monthly Jan 1988 - Mar 2026
Palestinian Territory (USD mn) 15,904.700 Sep 2025 quarterly Mar 2013 - Sep 2025
Panama (USD mn) 9,638.910 Jan 2026 monthly Dec 2002 - Jan 2026
Paraguay (USD mn) 7,255.595 Feb 2026 monthly Dec 1988 - Feb 2026
Peru (USD mn) 97,422.279 Feb 2026 monthly Jan 1992 - Feb 2026
Philippines (USD mn) 133,477.353 Feb 2026 monthly Dec 1988 - Feb 2026
Poland (USD mn) 568,929.227 Feb 2026 monthly Dec 1996 - Feb 2026
Portugal (USD mn) 180,647.774 Feb 2026 monthly Dec 1979 - Feb 2026
Qatar (USD mn) 45,053.022 Feb 2026 monthly Jan 1982 - Feb 2026
Romania (USD mn) 110,108.990 Feb 2026 monthly Dec 2001 - Feb 2026
Russia (USD mn) 733,057.603 Feb 2026 monthly Dec 2007 - Feb 2026
Saudi Arabia (USD mn) 462,976.369 Feb 2026 monthly Jan 1993 - Feb 2026
Serbia (USD mn) 20,703.585 Feb 2026 monthly Dec 2001 - Feb 2026
Singapore (USD mn) 429,407.328 Feb 2026 monthly Mar 2004 - Feb 2026
Slovakia (USD mn) 89,733.106 Feb 2026 monthly Jan 2003 - Feb 2026
Slovenia (USD mn) 51,688.149 Feb 2026 monthly Jan 1994 - Feb 2026
South Africa (USD mn) 182,174.571 Feb 2026 monthly Mar 1965 - Feb 2026
Spain (USD mn) 1,642,411.548 Feb 2026 monthly Jan 1962 - Feb 2026
Sri Lanka (USD mn) 7,501.698 Feb 2026 monthly Jan 1994 - Feb 2026
Sudan (USD mn) 4,492.463 Mar 2022 monthly Dec 2003 - Mar 2022
Sweden (USD mn) 464,159.979 Feb 2026 monthly Jan 1998 - Feb 2026
Switzerland (USD mn) 925,106.516 Oct 2025 monthly Dec 1984 - Oct 2025
Syria (USD mn) 18,756.126 Dec 2011 monthly Dec 1994 - Dec 2011
Taiwan, China (USD mn) 390,137.193 Feb 2026 monthly Jan 1992 - Feb 2026
Tajikistan (USD mn) 4,555.771 Oct 2025 monthly Dec 2000 - Oct 2025
Thailand (USD mn) 113,813.499 Feb 2026 monthly Dec 1975 - Feb 2026

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 101,223.7 Sep 2025 quarterly Dec 2006 - Sep 2025
Government Debt: % of GDP (%) 36.2 Sep 2025 quarterly Dec 2010 - Sep 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Balance (NGN bn) -3,084.970 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Revenue (NGN bn) 2,519.820 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure (NGN bn) 5,604.790 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure: Capital (NGN bn) 958.160 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue (NGN bn) 11,925.570 Sep 2025 quarterly Mar 2005 - Sep 2025
Gross Federation Account Revenue: Oil (NGN bn) 3,518.110 Sep 2025 quarterly Mar 2005 - Sep 2025
Federal Govt Expenditure: Recurrent (NGN bn) 4,210.940 Dec 2024 quarterly Mar 2005 - Dec 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 245.1 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports (USD mn) 4,367.5 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports Growth (%) -9.2 Dec 2025 monthly Jan 2004 - Dec 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 9.9 Dec 2025 monthly Jan 2004 - Dec 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 162.467 Dec 2025 monthly Jan 2003 - Dec 2025
Total Imports from USA (USD mn) 309.728 Dec 2025 monthly Dec 2009 - Dec 2025
Total Exports to China (USD mn) 157.315 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from China (USD mn) 1,415.075 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports: Europe: ow Netherlands (NGN mn) 663,947.498 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: America: ow USA (NGN mn) 235,634.548 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow UK (NGN mn) 47,516.769 Dec 2025 monthly Jan 2003 - Dec 2025
Exports (NGN mn) 6,334,358.836 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,191,103.588 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Chemicals and Chemical Products (NGN mn) 999,721.947 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Food and Live Animals (NGN mn) 850,483.714 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Manufactured Goods (NGN mn) 621,984.130 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Machinery and Transport Equipment (NGN mn) 1,929,321.105 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Asia: ow China (NGN mn) 2,052,359.077 Dec 2025 monthly Jan 2007 - Dec 2025
Imports: Europe: ow Germany (NGN mn) 145,581.678 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: America: ow USA (NGN mn) 449,215.349 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow UK (NGN mn) 302,058.111 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow Netherlands (NGN mn) 446,202.327 Dec 2025 monthly Jan 2003 - Dec 2025
Imports (NGN mn) 5,978,855.607 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Crude Oil (NGN mn) 3,256,138.155 Dec 2025 monthly Jan 2003 - Dec 2025
Total Trade (NGN mn) 12,313,214.443 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Growth Rate: MoM (%) 14.404 Dec 2025 monthly Jan 2019 - Dec 2025
Exports: Growth Rate: MoM (%) 3.151 Dec 2025 monthly Jan 2019 - Dec 2025
Export Value Index (2015=100) 110.100 2023 yearly 1980 - 2023
Import Value Index (2015=100) 110.300 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -164.4 Sep 2025 quarterly Mar 2008 - Sep 2025
Current Account Balance (USD mn) 3,416.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment (USD mn) 718.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,512.415 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 402.5 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,109.957 Sep 2025 quarterly Mar 2008 - Sep 2025
External Debt (USD mn) 48,462.9 Sep 2025 quarterly Dec 2006 - Sep 2025
External Debt: % of GDP (%) 11.9 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 5.732 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Government (USD mn) 48,462.930 Sep 2025 quarterly Dec 2006 - Sep 2025
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 30,541.947 Jan 2026 monthly Apr 1990 - Jan 2026
Money Supply M2 (USD mn) 88,997.123 Jan 2026 monthly Apr 1990 - Jan 2026
M2 Growth (%) 11.0 Jan 2026 monthly Apr 1991 - Jan 2026
Reserve Requirement Ratio (%) 45.0 Jan 2026 monthly Nov 2005 - Jan 2026
Foreign Exchange Reserves (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 16.154 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 12.7 Sep 2025 monthly Jan 2003 - Sep 2025
Gold Reserves (USD mn) 2,660.953 Sep 2025 monthly Dec 1950 - Sep 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 78,949.7 Jan 2026 monthly Apr 1990 - Jan 2026
Domestic Credit Growth (%) 6.9 Jan 2026 monthly Apr 1991 - Jan 2026
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 42,332,762.940 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: Base Money (NGN mn) 35,990,427.220 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 81,021,983.730 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2 (NGN mn) 123,354,746.700 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.6 Mar 2026 monthly Jul 2015 - Mar 2026

More Indicators for Nigeria

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