Nigeria money supply m0
Nigeria money supply m0: 3693573.23 (1.18%)
Last Update: February 29, 2024
Last Update: February 29, 2024
Nigeria money supply m0 closed down 3693573.23 as of February 29, 2024 from 3650500.2 from the previous month and 982097.66 from last year.
Nigeria money supply m0 Analytics & Data
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Nigeria money supply m0
Date | Values |
---|---|
2024-02-29 | 3693573.23 |
2024-01-31 | 3650500.2 |
2023-12-31 | 3653303.9 |
2023-11-30 | 3347716.33 |
2023-10-31 | 3010346.55 |
2023-09-30 | 2761291.98 |
2023-08-31 | 2660138.92 |
2023-07-31 | 2595761.69 |
2023-06-30 | 2603266.82 |
2023-05-31 | 2526679.63 |
2023-04-30 | 2379074.15 |
2023-03-31 | 1683498.35 |
2023-02-28 | 982097.66 |
2023-01-31 | 1386398.5 |
2022-12-31 | 3012057.17 |
2022-11-30 | 3164256.76 |
2022-10-31 | 3298786.78 |
2022-09-30 | 3228752.06 |
2022-08-31 | 3210664.98 |
2022-07-31 | 3242600.24 |
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Nigeria money supply m0 Statistics
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
money supply m0 | ng.msm0 | 3693570 | 3650500 | 1 | 276 | UP | UP | 100 | 2024-02-29 |
Nigeria money supply m0 Factors
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What is the Nigeria money supply m0
Welcome to our webpage showcasing current and historical data, trends, signals, analytics, and charts for Nigeria's money supply M0. This data is crucial for understanding the overall state of the Nigerian economy and its financial system.But first, what exactly is Nigeria money supply M0?
Nigeria money supply M0 refers to the most liquid form of money in circulation within the country. It consists of currency in circulation (banknotes and coins), as well as cash reserves held by commercial banks with the Central Bank of Nigeria (CBN). M0 represents the base money supply and serves as the foundation for broader measures of money supply.
Interpreting Nigeria money supply M0 data is essential for various reasons. Here are some key insights that can be gained:
1. Economic Growth and Inflation: Money supply growth directly impacts inflation and economic growth. An increase in M0 may indicate higher liquidity and potential inflationary pressures, while a decrease may signal efforts to control inflation.
2. Monetary Policy: Monitoring changes in M0 helps track the effectiveness of monetary policy interventions by the Central Bank of Nigeria. It provides insights into their efforts to manage the overall money supply for price stability and economic stability.
3. Financial System Health: M0 also reflects the health of the financial system. An expansion of M0 may indicate increased demands for cash, while a contraction may indicate a preference for non-cash payment systems or potential financial stress.
On our webpage, you will find interactive charts displaying the current and historical data of Nigeria money supply M0. These charts can be customized based on specific timeframes and can be used to identify trends and patterns.
Our analytics and signals provide further insights into the data, highlighting potential turning points, cyclical patterns, and unusual movements. These valuable signals can guide your decision-making process and help you better understand the implications of Nigeria's money supply M0 on the broader economy.
To ensure flexibility in your analysis, users can export the historical data for free. This allows for in-depth examination and integration into your own models or software for further analysis and forecasting.
In addition to Nigeria money supply M0, we offer a range of other economic indicators and data points to give you a comprehensive view of Nigeria's economy. Our MacroVar signals, trends, and analysis provide further depth and context to the data, enabling you to make informed decisions and anticipate economic developments.
Visit our webpage today to explore the current and historical data, trends, signals, analytics, and charts for Nigeria's money supply M0. Gain valuable insights into the Nigerian economy, export historical data for free, and leverage our MacroVar signals to navigate the complexities of the financial landscape.
Nigeria Financial Markets
Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
---|---|---|---|---|---|---|---|---|---|---|
NSE All Share | ALLSHARE | 71230.5 | 1 | 1 | 1.60129 | 74.6549 | 0.0025 | 0.00165 | 0.06098 | 0.61846 |
Nigeria ETF | NGE | 7.75 | -0.5 | -1 | -1.59522 | 38.6064 | 0.0144 | 0.02513 | -0.07468 | 0.053 |
Nigerian Naira US Dollar (NGN/USD) | NGNUSD | 788.33 | 0 | 1 | 1.11221 | 50.9669 | 0.00169 | -0.00211 | 0.02176 | 0.78683 |
Nigeria 10-year bond yield | NG.10Y | 15.433 | 1 | 1 | 2.13446 | 67.3937 | 0.00823 | 0.03251 | 0.04944 | 0.07525 |
Nigeria 2-Year Bond Yield | NG.2Y | 15.147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Nigeria Yield Curve | NG.YC | 0.784 | -1 | -1 | -3.5335 | 29.4427 | -0.73442 | -0.69706 | -0.59017 | -0.72179 |
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
balance of trade | ng.balanceoftrade | 1741090 | -653831 | -366 | -2746 | UP | UP | 3 | 2023-07-31 |
business confidence | ng.bizconfidence | -15.2 | -1.5 | 913 | -152 | Down | Down | 32 | 2020-12-01 |
capacity utilization | ng.caputilization | 54.9 | 56.4 | -3 | 37 | UP | UP | 0 | 2023-06-30 |
cash reserve ratio | ng.cashreserveratio | 45 | 45 | 0 | 38 | UP | UP | 99 | 2024-02-29 |
composite pmi | ng.comppmi | 51.1 | 52.7 | -3 | 21 | Down | UP | 97 | 2024-03-31 |
consumer confidence | ng.consconfidence | -14.8 | -21.2 | -30 | -1580 | Down | Down | 0 | 2020-12-31 |
consumer price index cpi | ng.cpi | 701.9 | 681.4 | 3 | 33 | UP | UP | 100 | 2024-03-31 |
core inflation rate | ng.coreinflationrate | 25.39 | 24.67 | 3 | 35 | UP | UP | 92 | 2024-02-29 |
current account | ng.currentaccount | 3280 | 2870 | 14 | -200 | UP | UP | 23 | 2023-06-30 |
current account to gdp | ng.currentaccountgdp | -0.3 | -0.5 | -40 | -110 | Down | Down | 0 | 2023-01-31 |
deposit interest rate | ng.depositrate | 7.68 | 7.95 | -3 | 69 | UP | UP | 86 | 2023-06-30 |
exports | ng.exports | 3026630 | 1878040 | 61 | 44 | UP | UP | 72 | 2023-02-28 |
external debt | ng.externaldebt | 41594.5 | 43159.2 | -4 | 30 | UP | UP | 0 | 2023-09-30 |
fiscal expenditure | ng.fiscalexp | 4040.18 | 4175.35 | -3 | 90 | UP | UP | 0 | 2023-09-30 |
foreign exchange reserves | ng.fxreserves | 34260 | 33520 | 2 | -4 | UP | Down | 72 | 2024-03-31 |
gdp | ng.gdp | 472.62 | 440.84 | 7 | 17 | UP | UP | 0 | 2023-01-31 |
Real GDP | ng.realgdp | 21773300 | 19442300 | 12 | 11 | UP | UP | 53 | 2023-12-31 |
gdp growth | ng.gdpgrowth | 12 | 9.7 | 24 | -1600 | UP | UP | 0 | 2023-12-31 |
gdp growth annual | ng.gdpgrowthan | 3.46 | 2.54 | 36 | 3045 | UP | UP | 100 | 2023-12-31 |
gold reserves | ng.goldres | 21.37 | 21.46 | 0 | 0 | Down | Down | 51 | 2021-06-30 |
government budget | ng.govbudget | -6.1 | -5 | 22 | 336 | Down | Down | 0 | 2024-01-31 |
Government budget | ng.govbudgetvalue | -2347.16 | -2665.26 | -12 | 88 | Down | Down | 0 | 2023-09-30 |
government debt to gdp | ng.govdebtgdp | 38.8 | 38 | 2 | 123 | UP | UP | 0 | 2023-01-31 |
government revenues | ng.govrev | 1693.02 | 1510.09 | 12 | 70 | UP | UP | 0 | 2023-09-30 |
imports | ng.imports | 1285540 | 2531870 | -49 | -37 | Down | Down | 3 | 2023-02-28 |
industrial production | ng.indproduction | -9.7 | 15.2 | -164 | 31 | Down | Down | 0 | 2023-06-30 |
interest rate | ng.interestrate | 18.75 | 18.5 | 1 | 34 | UP | UP | 85 | 2023-07-25 |
lending rate | ng.lendingrate | 13.85 | 14.07 | -2 | 14 | UP | UP | 91 | 2023-06-30 |
manufacturing pmi | ng.manpmi | 42.8 | 49.4 | -13 | -16 | Down | Down | 18 | 2023-06-30 |
money supply m0 | ng.msm0 | 3693570 | 3650500 | 1 | 276 | UP | UP | 100 | 2024-02-29 |
money supply m1 | ng.msm1 | 30277200 | 31158900 | -3 | 44 | UP | UP | 90 | 2024-02-29 |
money supply m2 | ng.msm2 | 93968500 | 92843000 | 1 | 78 | UP | UP | 98 | 2024-02-29 |
services pmi | ng.servpmi | 51.1 | 52.7 | -3 | 3 | UP | UP | 60 | 2023-06-30 |
unemployment rate | ng.unemploymentrate | 5 | 4.2 | 19 | -64 | Down | Down | 0 | 2021-06-30 |
youth unemployment rate | ng.ytunemploymentrate | 8.6 | 7.2 | 19 | -66 | Down | Down | 0 | 2021-09-30 |