…for the nairaOMO bills are short-term securities issued by the CBN primarily to manage money supply and liquidity.When the apex bank sells the instruments, banks and investors exchange naira for the securities. This temporarily removes cash from circulation and can reduce the amount of liquidity available to chase fore…

…productivity, insecurity, exchange rates, logistics, storage, flooding, input costs, money supply and supply constraints also matter. A serious economic programme must address these factors, as President Bola Ahmed Tinubu has been doing for the past three years, rather than reduce the entire cost-of-living crisis to pe…

Nigeria's broad money supply increased, showing that liquidity in the economy continued to grow despite the CBN's tight monetary policyThe increase was mainly driven by higher domestic assets, savings, and time deposits, while cash held outside the banking system declinedThe growth in money supply comes after the CBN r…

…the previous month. This domestic credit expansion directly fueled the country’s broad money supply (M²), which grew by 3.09 percent month-on-month to N133.2 trillion in June 2026, up from N129.2 trillion in May. The upward trajectory was largely driven by a robust eight percent surge in Quasi money, which rose to N88.…

…send people money because AI-generated output would dramatically outpace growth in the money supply. "I do think we'll have universal high income," he said. "We're basically just issuing money to people."Musk explained that the massive increase in goods and services would create deflationary pressure instead of inflati…