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Performance Of The Manufacturing Sub-Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Performance Of The Manufacturing Sub-Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
This report presents the results obtained from an impressionistic survey conducted by the Central Bank of Nigeria to assess the performance of the manufacturing sub-sector during the first quarter of 1987. During the survey, 135 firms, covering 20 industrial sub-groups, were contacted and 48.8 per cent response rate was achieved.
Developments In Nigeria's External Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Developments In Nigeria's External Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
Transactions in foreign exchange through the Central Bank of Nigeria resulted in a net outflow of N819.0 million in the first quarter of 1987, in contrast with a net inflow of Nl,580.8 million in the preceding quarter ang. a net outflow of N76.4 million during the corresponding quarter of 1986. The deterioration in the foreign exchange position during the quarter under review was attributable to the combined effects of a decline of 4.2 per cent in the level of inflow and a rise of 77 .6 per cent in the level of outflow.