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Money And Credit Statistics (Million Naira)

  Year 2000
Month September October November
Broad Money (M2) 962,743.80 984,274.40 986,750.10
-- Narrow Money (M1) 542,315.70 563,793.20 575,999.60
---- Currency Outside Banks 204,863.30 213,736.70 233,404.00
---- Demand Deposits 337,452.40 350,056.50 342,595.60
-- Quasi Money 420,428.10 420,481.20 410,750.50
Net Foreign Assets (NFA) 920,402.60 1,004,610.30 1,107,323.00
Net Domestic Assets(NDA)
-- Net Domestic Credit (NDC) 612,390.60 616,709.50 547,755.90
---- Credit to Government (Net) 48,184.40 28,458.90 -45,475.40
---- Memo: Credit to Govt. (Net) less FMA
---- Memo: Fed. and Mirror Accounts (FMA)
---- Credit to Private Sector (CPS) 564,206.20 588,250.60 593,231.30
--Other Assets Net
Reserve Money (Base Money) 354,674.30 367,724.00 371,557.90
--Currency in Circulation 234,241.30 244,832.70 268,310.80
--Banks Reserves 120,433.00 122,891.20 103,247.20
       
Data for the month of April 2013 are provisional.
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Facts : 1/1/1995
Magnetic Ink Character Recognition:The Magnetic Ink Character Recognition (MICR) which is an automated system for sorting cheques and other financial instrumenTS. This facility came into effect in the early part of 1995.
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