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Money And Credit Statistics (Million Naira)
Year 2008
Month
July
August
September
Narrow Money (M1 )
4,098,962.21
4,264,860.60
4,521,790.30
Broad Money (M2 )
8,067,591.21
8,335,290.50
8,960,287.70
Net Foreign Assets
(NFA)
8,032,523.50
8,461,171.70
8,523,481.00
Net Domestic Credit (NDC)
4,907,125.30
4,438,433.70
4,244,627.10
Credit to Government
-2,433,993.00
-2,986,658.70
-3,230,039.30
Credit to Private Sector
7,341,118.30
7,425,092.40
7,474,666.40
Reserve Money
(Base Money)
1,279,228.70
1,273,816.50
1,247,209.50
Currency in Circulation
936,858.50
948,262.70
976,362.30
Bank Reserves
342,370.21
325,553.80
270,847.20
Currency Outside Banks
705,084.41
727,003.60
756,786.00
Demand Deposits
3,393,877.80
3,537,857.00
3,765,004.30
Quasi Money
3,968,629.11
4,070,429.90
4,438,497.40
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Export Moneyand Credit Statistics
Facts : 1/1/1900
BOFIA :In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria.
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