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Full-Text Articles in Social and Behavioral Sciences
Developments In World Commodity Markets During The Fourth Quarter Of 1983, Central Bank Of Nigeria Cbn
Developments In World Commodity Markets During The Fourth Quarter Of 1983, Central Bank Of Nigeria Cbn
Economic and Financial Review
The International Commodity Markets weakened slightly during the fourth quarter of 1983, compared with the preceding quarter. The major fa ctors which influenced developments in the markets during the period included the reaction of specul ators to movements in the sterling exchange rate as well as forecasts of the state of supply of most of the commodities.
Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1983, Central Bank Of Nigeria
Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1983, Central Bank Of Nigeria
CBN Annual Report
In 1983, Nigeria's economy experienced severe stagflation, with GDP falling by 4.4%, more than the 3.4% decline recorded in 1982. Domestic inflation was 23.2%, more than three times the 7.7% recorded in 1982. The external sector also suffered from the general malaise, with the recorded value of external trade falling from N21.3 billion in 1982 to N17.3 billion in 1983. Agricultural production fell sharply due to severe droughts, bush fires, and diseases/pest infestations in livestock and crops. The volume of primary commercial energy consumed increased, with the index going up by 4.4% in 1983. Inflationary pressures intensified due to the …
Review Of Business Activities During The First Half Of 1983, Central Bank Of Nigeria Cbn
Review Of Business Activities During The First Half Of 1983, Central Bank Of Nigeria Cbn
Economic and Financial Review
This report contains an analysis of data compiled from the returns to the Central Bank of Nigeria survey of business activities covering the first half of 1983. The survey was confined to Lagos metropolis.
Foreign Exchange Flows Through The Central Bank During The First And The Second Quarters Of 1983., Central Bank Of Nigeria Cbn
Foreign Exchange Flows Through The Central Bank During The First And The Second Quarters Of 1983., Central Bank Of Nigeria Cbn
Economic and Financial Review
The report covers transactions in foreign exchange through the Central Bank of Nigeria during the first and the second quarters of 1983, which resulted in net outflows of N150.0 million and N 103.0 million, respectively. The movements in foreign exchange led to a further reduction in the level of official holdings of external reserves during the first two quarters of 1983.