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Full-Text Articles in Social and Behavioral Sciences
Developments In The Financial System During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Developments In The Financial System During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
Money supply as measured by both Ml and M2 declined in the first quarter of 1987 due mainly to declines in net foreign assets and ••other'' assets net of the banking system. Banking system credit, on the other hand increased although at a slower pace than in the last quarter of 1986. While both the money and capital markets remained active during the quarter, the tempo of activities slowed down considerably from the December 1986level.
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.
Developments In The Agricultural Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Developments In The Agricultural Sector During The First Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
Early rains in most southern parts of the country during the first quarter encouraged preliminary farming activities such as bush clearing and land tilling. In a number of areas, actual planting of some crops-maize, yam, okro, pepper and leaf vegetables- also began. In the northern parts, activity centred around dry-season farming involving the planting of wheat, rice and vegetables on irrigated lands. Other activities during the first quarter included harvesting and processing of cassava, rice; fruits and vegetables in the south, and maize, sorghum, millet and cotton in the northern states. A total of 99,295.1 tonnes of fertilizers were discharged …