Nigeria’s broad money supply declined for the second time this year, falling slightly to N119.01 trillion in May 2025, according to fresh data from the Central Bank of Nigeria (CBN).
The drop represents a month-on-month contraction of N292.75 billion or 0.25% from the N119.30 trillion recorded in April.
The first decline of 2025 was recorded in February, when the figure dropped to N110.32 trillion from N110.94 trillion in January.