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1966

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Economic and Financial Review

Articles 1 - 12 of 12

Full-Text Articles in Social and Behavioral Sciences

Ownership Of Commercial Bank Deposits In 1965, Central Bank Of Nigeria Cbn Dec 1966

Ownership Of Commercial Bank Deposits In 1965, Central Bank Of Nigeria Cbn

Economic and Financial Review

The importance of demand deposits relative to total deposits continued to decline a development which started in 1960. The proportion of these deposits fell from 50.3 per cent of total deposits at the end of 1964 to 46.8 per cent on 31st December, 1965. The substantial increase recorded in the deposits of non-financial businesses needs special comment. There has been a rapid increase in non-financial business holdings of time deposits since December,1963.

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Statistical Section December 1966, Central Bank Of Nigeria Cbn Dec 1966

Statistical Section December 1966, Central Bank Of Nigeria Cbn

Economic and Financial Review

The statistics included in this publication for 1966 are the central bank statement of assets and liabilities, currency in circulation, commercial banking, money and capital markets, public finance, international trade, production, fuel and power among others

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Private Foreign Investment In 1964, Central Bank Of Nigeria Cbn Jun 1966

Private Foreign Investment In 1964, Central Bank Of Nigeria Cbn

Economic and Financial Review

Capital inflow consisted of unremitted profits, increase in equity holdings and debentures, commercial credits and other short-term loans from overseas parent or affiliate companies. The decline in retained profits as a proportion of private capital investment, therefore, reflects the increase in the outpay-ments on account of dividends, interests and service charges. An estimate and analysis of total private foreign investment based on response from questionnaires submitted are presented in this paper.

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Nigeria's External Trade In The First Quarter Of 1966, Central Bank Of Nigeria Cbn Jun 1966

Nigeria's External Trade In The First Quarter Of 1966, Central Bank Of Nigeria Cbn

Economic and Financial Review

The article highlights the achievements of Nigeria's external trade in the first quarter of 1966 which was a result of increase in exports and decline in imports.

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Government Revenue And Expenditure In 1965, Central Bank Of Nigeria Cbn Jun 1966

Government Revenue And Expenditure In 1965, Central Bank Of Nigeria Cbn

Economic and Financial Review

This paper deals with the revenue and expenditure of the federal government in the calendar year 1965. The federal and regional set-up was, however, modified in May, 1966. It also includes statutory and non-statutory transfers to the regional governments and public debt servicing.

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Speech Of Alhaji Aliyu Mai-Bornu, Governor Of The Central Bank, At The First Annual Dinner Of The Institute Of Bankers, Alhaji A. Mai-Bornu Jun 1966

Speech Of Alhaji Aliyu Mai-Bornu, Governor Of The Central Bank, At The First Annual Dinner Of The Institute Of Bankers, Alhaji A. Mai-Bornu

Economic and Financial Review

Speech by Alhaji A. Mai-Bornu, Chairman of the Bankers' Committee and Governor, Central Bank of Nigeria, in Response to the Toast of the Bankers' Committee at the First Annual Dinner of the Local Centre of the Institute of Bankers at the Ikoyi Hotel, Lagos- 25th February, 1966

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Nigeria’S External Trade In The First Quarter Of 1966, Research Department Jun 1966

Nigeria’S External Trade In The First Quarter Of 1966, Research Department

Economic and Financial Review

This article is a report on Nigeria’s external trade in the first quarter of 1966 and notes that Nigeria's external trade recorded a marked improvement in the first quarter of 1966 over the positions attained in the comparable periods of the past six years. The article further notes that this improvement was maintained in each of the three months of the quarter. There was thus a trade surplus of £4.8 million during the quarter in contrast to deficits of £6.0 million and £8.9 million in the first quarters of 1964 and 1965, respectively as indicated in Table 1. Tables 2- …

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Government Revenue And Expenditure In 1965, Research Department Jun 1966

Government Revenue And Expenditure In 1965, Research Department

Economic and Financial Review

This article examined government revenue and expenditure in Nigeria for the year 1965. It first identified the role of the budget in Nigeria which include enhancement of economic growth, particularly since the National Development Plan came into force in 1962. The article noted that the fiscal policy of the federal government in 1965 was geared to the attainment of the two objectives of raising more revenue, and of reducing pressures on the balance of payments. Towards this end, federal government aggregate revenue in 1965 amounted to £160.5 million, £22.7 million or 16.4 per cent higher than in 1964. However, federal …

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Speech At The Bankers' Committee’S First Annual Dinner Of The Local Centre Of The Institute Of Bankers At The Ikoyi Hotel, Lagos-25th February, 1966, A. Mai-Bornu Jun 1966

Speech At The Bankers' Committee’S First Annual Dinner Of The Local Centre Of The Institute Of Bankers At The Ikoyi Hotel, Lagos-25th February, 1966, A. Mai-Bornu

Economic and Financial Review

This is a speech by Alhaji A. Mai-Bornu, Chairman of the Bankers' Committee and Governor, Central Bank of Nigeria, in response to the toast of the Bankers' Committee at the First Annual Dinner of the Local Centre of the Institute of Bankers at the Ikoyi Hotel, Lagos-25th February, 1966.

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Statistical Section (June 1966), Central Bank Of Nigeria Cbn Jun 1966

Statistical Section (June 1966), Central Bank Of Nigeria Cbn

Economic and Financial Review

This section of the EFR reports the statistics of the Central Bank of Nigeria (CBN) from 1960 to the first half 1966. This includes the Bank’s statement of assets and liabilities as well as its rediscount operations. Other sections include: currency in circulation, money supply, commercial banking activities, money and capital markets, public finance, national savings, external assets and international trade. The remaining sections include: Production (agricultural produce, mineral production), fuel and power, electricity generation and consumption.

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Alhaji Mai-Bornu Retires, Research Department Jun 1966

Alhaji Mai-Bornu Retires, Research Department

Economic and Financial Review

This short article describes the the farewell ceremony of the first indigenous Governor of the Central Bank of Nigeria Alhaji Mai-Bornu

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Private Foreign Investment In 1964, Research Department Jun 1966

Private Foreign Investment In 1964, Research Department

Economic and Financial Review

This article examines private foreign investment in in Nigeria for the year 1964. The article stressed that the inclusion of commercial banks and insurance companies hitherto omitted, and new companies which came into operation in 1964, resulted in a higher number than the 481 covered in 1964. The response to this inquiry was 62 per cent of the 533 companies contacted. The data in previous reports have also been revised and presented in the following tables: private foreign investment in 1964; flow of foreign private capital by origin; net flow of foreign capital by country 1961-64; private foreign investment of …

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