Browsing by Author "Money and Banking Office, Domestic Finance Division"
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Item Developments in the financial system during the first quarter of 1986(Central Bank of Nigeria (CBN), Research Department, 1986-03) Money and Banking Office, Domestic Finance DivisionThe direction of changes in some important monetary and credit aggregates during the first quarter of 1986 veered from the seasonal pattern. The broad measure of money supply (M2) and bank credit to the private sector rose. However, narrow money (M 1) and bank credit to the government sector declined seasonally. While the share of aggregate bank credit to government maintained its lead, commercial and merchant banks' credit operations to the private sector showed a significant improvement. Foreign assets of the banking system showed a sharp decline following increased out payments during the quarter in the face of deteriorating oil earnings. The level of activities in the money market declined following the retirement of N2.0 billion worth of treasury bills during the quarter. Similarly, transactions in the capital market remained generally weak.Item Developments in the financial system during the third quarter of 1987(Central Bank of Nigeria, Research Department, 1987-09) Money and Banking Office, Domestic Finance DivisionThe paper analyses the developments in the financial system, the tempo of activities in the country's financial market, money supply and other institutional developments that took place in the third quarter of 1987.