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
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.