Developments in the financial system during the first quarter of 1986

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dc.contributor.authorMoney and Banking Office, Domestic Finance Division
dc.date.accessioned2018-11-27T08:36:48Z
dc.date.available2018-11-27T08:36:48Z
dc.date.issued1986-03
dc.description.abstractThe 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.en_US
dc.description.provenanceSubmitted by Joseph Longshak (joelongshak@gmail.com) on 2018-11-05T13:48:08Z No. of bitstreams: 1 Developments in the financial system during the first quarter of 1986.pdf: 480380 bytes, checksum: a51829b9eac6bb00e66358571469f15c (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-11-27T08:28:53Z (GMT) No. of bitstreams: 1 Developments in the financial system during the first quarter of 1986.pdf: 480380 bytes, checksum: a51829b9eac6bb00e66358571469f15c (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-11-27T08:35:47Z (GMT) No. of bitstreams: 1 Developments in the financial system during the first quarter of 1986.pdf: 480380 bytes, checksum: a51829b9eac6bb00e66358571469f15c (MD5)en
dc.description.provenanceMade available in DSpace on 2018-11-27T08:36:48Z (GMT). No. of bitstreams: 1 Developments in the financial system during the first quarter of 1986.pdf: 480380 bytes, checksum: a51829b9eac6bb00e66358571469f15c (MD5) Previous issue date: 1986-03en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationCBN (1986). Developments in the financial system during the first quarter of 1986. CBN Economic and Financial Review, (EFR), 24(1), 1-8.en_US
dc.identifier.issn1957-2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/681
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria (CBN), Research Departmenten_US
dc.relation.ispartofseriesVol. 24;No. 1
dc.subjectFinancial systemen_US
dc.subjectFinancial system-Nigeriaen_US
dc.subjectBank crediten_US
dc.subjectNarrow moneyen_US
dc.subjectM1en_US
dc.subjectM2en_US
dc.subjectBroad moneyen_US
dc.subjectMonetary aggregatesen_US
dc.subjectPrivate sectoren_US
dc.subjectForeign assetsen_US
dc.subjectTreasury billsen_US
dc.subjectCapital marketen_US
dc.subjectBanking-Nigeriaen_US
dc.titleDevelopments in the financial system during the first quarter of 1986en_US
dc.typeArticleen_US

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