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Analysis Of International Travel Statistics For 1982, Central Bank Of Nigeria Cbn Dec 1984

Analysis Of International Travel Statistics For 1982, Central Bank Of Nigeria Cbn

Economic and Financial Review

This paper analyses statistics on international travels for 1982 based on information derived from the Nigerian Exchange Control TM (arrival) forms. The forms are designed to enable travellers coming into the country from abroad to declare their holdings of foreign currency, precious stones, jewellery and works of art.


Developments In The International Commodity Markets During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn Dec 1984

Developments In The International Commodity Markets During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

A low tempo of activities characterised the international Commodity markets during the fourth quarter of 1984. The marginal movements in the price levels of most commodities were however accentuated by currency exchange rate fluctuations. The all-commodities price index rose by 5.0 and 0.3 per cent over its respective levels in the preceding quarter and the corresponding quarter of 1983. The price increase was reflected in all but three of the selected commodities. The highest price increases occurred in coffee (26. 7%), cocoa (6 .3%) palm oil (6%) and cotton (5 .8%). Of the three commodities whose price fell , two, …


Developments In The Banking Sector During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn Dec 1984

Developments In The Banking Sector During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

The upward movement in the level of money supply narrowly defined (Ml) which occurred in third quarter of 1984 continued in the fourth. At the end of December, MI stood at NI 2,204.1 million, increasing by N664.0 million or 5.8 per cent over the level at the end of the preceding quarter. During the corresponding period of last year, MI increased by N256.S million or 2.3 per cent to stand at NI 1,282.4 million. On a monthly average basis, Ml was NI 1,652.9 million during the review quarter compared with an average of NI 0,9 I 6. 7 million recorded …


Foreign Exchange Flows Through The Central Bank During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn Dec 1984

Foreign Exchange Flows Through The Central Bank During The Fourth Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

Movements in foreign exchange during the fourth quarter of 1984 showed that total inflow was higher than total disbursement, resulting in a net inflow of N219.8 million as against the net outflow of NI 14.0 million recorded during the preceding quarter


Developments In The Financial System During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn Sep 1984

Developments In The Financial System During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

This article highlights the developments in the financial system of Nigeria during the third quarter of 1984. It covers the monetary and credit developments, commercial banking and merchant banking developments in the country during the period under review.


Foreign Exchange Flows Through The Central Bank During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn Sep 1984

Foreign Exchange Flows Through The Central Bank During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a report of the flow of foreign exchange in and out during the third quarter of 1984. Foreign exchange transactions during the third quarter of 1984 resulted in a net outflow of N114 .0 million in contrast to the net inflows of N289.4 million and N11.9 million recorded during the preceding quarter and the corresponding period of 1983, respectively.


Developments In The Banking Sector During The Second Quarter Of 1984, Central Bank Of Nigeria Cbn Jun 1984

Developments In The Banking Sector During The Second Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

The paper discusses the developments in the Nigeria banking sector during the second quarter of 1984. The downward movement in money supply (M1) observed during the first quarter of 1984 and the factors responsible mainly for the contraction of M1.