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Statement of Assets & Liabilities

Monthly Statement of Assets and Liabilities is one of the financial reports published by the Central Bank of Nigerian (C.B.N). 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.

The Assets side gives in brief the total External Reserves (including Gold Bars), Government and other Securities, Loans and Advances, Fixed Assets and Other Assets.

Liabilities side on the other hand presents the Capital Subscribed and Paid Up, General Reserve, Currency in Circulation, Deposits (from Governments, Banks & others) and other liabilities.

Statement of Assets & Liabilities as at Jun, 2010
Assets N000 N000 N000
  Jun  May  Apr 
Gold   19,009   19,009   19,009
Convertible Currencies*   5,122,429,099   5,304,500,787   5,677,687,210
IMF Gold Tranché   22,623   22,623   22,623
Special Drawing Rights   333,372,819   332,988,100   340,909,793
Total External Reserve   5,455,843,550   5,637,530,519   6,018,638,635
     
Fed. Government Securities   110,724,331   123,634,499   120,737,622
Other Securities   31,158,178   31,158,178   31,158,178
Rediscount & Advances   627,572,519   640,483,452   637,158,826
Other Assets   581,133,566   525,323,091   523,496,578
Fixed Assets   171,120,715   168,014,200   165,755,007
Total Assets   6,977,552,859   7,126,143,939   7,496,944,846
       
Equity & Liabilities      
Capital Subscribed   5,000,000   5,000,000   5,000,000
General Reserves   71,853,614   71,853,614   71,853,614
Other Reserves   63,166,882   63,166,882   63,166,882
Total Capitalization   140,020,496   140,020,496   140,020,496
Currency In Circulation   1,064,071,661   1,057,076,768   1,073,023,917
Deposits:      
Federal & State Govts.   1,668,773,531   1,701,778,890   1,901,929,436
Bankers   173,540,841   213,177,975   161,840,667
Other Deposits   1,897,101,004   1,960,730,842   2,174,929,975
Total Deposits   3,739,415,376   3,875,687,707   4,238,700,078
Other Liabilities   2,034,045,326   2,053,358,968   2,045,200,355
Total Equity & Liabilities   6,977,552,859   7,126,143,939   7,496,944,846

* = Foreign Government Securities and current account balances with Foreign Banks
The above figures are in thousands of Naira

See Total Assets for Other Months
See Frequently Asked Questions under this purview

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Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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Related Links
Annual Reports
Reports
5-Year Fianancial Statement
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