Statement of Assets & Liabilities (Click for more)
It is an abridged balance sheet based on monthly accounts representing
unaudited financial results and operations of the CBN at the last day of
each month. It is prepared by Finance Department, gazetted and printed by
the Federal Government Printers and obtainable form all CBN locations. Click
here for Click here for assets & Liabilities
Movement in
Foreign Reserve (Click for more)
The evolution of the foreign exchange market in Nigeria has been
influenced by a number of factors such as the changing pattern of
international trade, institutional changes in the economy and structural
shifts in production. Prior to the establishment of the Central Bank of
Nigeria (CBN) and the enactment of the Exchange Control Act of 1962.Click
here for Movement in
Foreign Reserve
These are in respect of BTA/PTA and transfers for members of the public.
The evolution of the foreign exchange market in Nigeria has been influenced
by a number of factors such as the changing pattern of international trade,
institutional changes in the economy and structural shifts in production.
Prior to the establishment of the Central Bank of Nigeria (CBN) and the
enactment of the Exchange Control Act of 1962.
Click here
for International Payments
Summary of 5 - Year Financial Summary
The five year financial statements is an extract from the audited accounts
of the Central Bank of Nigeria for a given period comprising the balance
sheet and the income and expenditure account for the period. The data
presented takes cognizance of adjustments to the account balances when
applicable, arising from changes in accounting policy, and the format of
presentation. Click here for
the summary
Narrow money (M1) and broad money (M2) are measures of money supply. Money supply refers to the total value of money in the economy and this consists of currency (notes and coins) and deposits with the banking system. M1 comprises currency-in-circulation with non-bank public and demand deposits. M2 comprises M1, savings and time deposits at the deposit money banks. Savings and time deposits are also called quasi money. Net domestic credit (NDC) is the banking system credit to the economy, consisting of loans and advances given by the CBN as well as deposit money banks to economic agents. NDC comprises credits to government and private sector.Click
here for Money and Credit Statistics
Monthly Average Exchange Rates of the Naira (Click for more)
The monthly average prices of the Naira relative to four foreign currencies are reported in this table. These include three variants of the price of the Naira relative to one unit of the US Dollar, namely the official (WDAS), Inter-bank (IFEM) and the bureau-de-change (BDC). The other three foreign currencies are the British Pound Sterling; the European Euro and the CFA franc of the West African francophone countries. Click
here for Monthly Average Exchange Rates of the Naira
Money Market Indicators (Click for more)
Money market indicators comprise the CBN indicative rate, the Monetary Policy Rate (MPR), Nigerian Treasury Bill (NTB: 91-day) and other short term interest rates of the financial market. These rates include inter-bank call rate, savings and other fixed deposit rates and lending rates. The prime and maximum lending rates are applied to customer loans with the high and low credit ratings, respectively. Click
here for Money Market Indicators
Inflation(Click for more)
Inflation measures changes in the level of retail prices paid by
consumers. The retail prices are captured by the consumer price index (CPI).
The various inflation rates are computed using the November 2009 based composite
CPI aggregated from the rural and urban CPIs. Two inflation rates per item
are indicated on the table based on two different methods of computation,
namely annualized change (year on change) and the 12-month moving average
(12 months average change). Click here for Inflation Rates
Crude Oil Price
Bonny Light is Nigeria’s reference crude oil in the international oil market. Its price on the table is the monthly average spot price; the current ask/bid price for Bonny Light in the market. Production is the estimated average output of crude in millions of barrels of all oil drilling and exploration companies on a day to day basis. Exports constitute the portion of crude that is shipped outside the country after a part is separated for distribution to the domestic refineries for eventual local consumption. Click
here for Crude Oil Price
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
($400,000)
