Domestic assets and deposits drive liquidity growthBroad money, which measures the total amount of money circulating within the economy, includes cash, demand deposits, savings, time deposits and other highly liquid financial assets. Overall, the country's broad money supply expanded by 3.11% month-on-month, underscoring continued growth in liquidity despite tighter monetary conditions. Inflation concerns persist as CBN holds ratesThe latest increase in money supply comes as the CBN continues its efforts to contain inflation while maintaining macroeconomic stability through a restrictive monetary policy. The figures were released shortly after the CBN’s Monetary Policy Committee concluded its latest meeting, where members voted to retain the Monetary Policy Rate at 26.5%. The committee also left all other key monetary policy parameters unchanged, maintaining that the current tight policy stance remains necessary to support the ongoing disinflation process and preserve overall macroeconomic stability.