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Central Bank of Nigeria

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Articles 1231 - 1240 of 1240

Full-Text Articles in Economics

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- …


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.


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.


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


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1965, Central Bank Of Nigeria Dec 1965

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1965, Central Bank Of Nigeria

CBN Annual Report

CBN Annual Report and Statement of Accounts for 1965 discussed the economic performance of Nigeria with emphasis on inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates. Two major developments dominated the world economic scene in 1965. One was the overall slowdown of economic expansion in most industrialized countries. The other was the overall contraction in the growth rate of world trade and in the flow of international capital. Due to the problem of balance of payment disequilibrium, the industrialized countries intensified economic measures to achieve internal stability and equilibrium …


Statistical Section (December 1965), Central Bank Of Nigeria Cbn Dec 1965

Statistical Section (December 1965), Central Bank Of Nigeria Cbn

Economic and Financial Review

The article contains statistical section which provides data for central banking, currency, commercial banking, money and capital market, public finance, other financial institutions, national savings, foreign exchange reserves, international trade, production and fuel and power for the year 1960 - 1965.


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1964, Central Bank Of Nigeria Dec 1964

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1964, Central Bank Of Nigeria

CBN Annual Report

CBN annual report and statement of accounts for 1964 covers economic performance including key economic indicators such as inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates for 1964. Export earnings of the developing countries rose during 1964, reflecting a continuing upswing in economic activity in the industrial countries. The rate of increase, however, was somewhat slower than in 1963. The share of the developing countries in total world exports in 1964, however, amounted to 22.1 per cent as compared with 22.9 per cent in 1963. World exports rose substantially …


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1963, Central Bank Of Nigeria Dec 1963

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1963, Central Bank Of Nigeria

CBN Annual Report

CBN Annual Report and Statement of Accounts for 1963 discussed the economic performance of Nigeria with emphasis on inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates. Nigeria's economy made significant gains in 1963. The tempo of activity advanced in most sectors of the economy, giving indications of some recovery from the slackened pace of the preceding year. Despite this improvement, however, the performance of the economy did not meet expectations, nor were existing resources fully utilized. In 1962-63, gross income received by producers of agricultural export commodities rose by …


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1961., Central Bank Of Nigeria Dec 1961

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1961., Central Bank Of Nigeria

CBN Annual Report

CBN Annual Report and Statement of Accounts for 1961 discussed the economic performance of Nigeria with emphasis on inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates. Economic activity, which had been at a relatively high level during the year of independence, expanded further during 1961. The production of most of the agricultural export commodities attained high levels during the 1960-1961. Mineral production varied widely among individual products but on balance activity was considerably higher in 1961 than in the previous year. Industrial production continued to grow, reflecting both the …


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Period Ended 31st December 1960, Central Bank Of Nigeria Dec 1960

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Period Ended 31st December 1960, Central Bank Of Nigeria

CBN Annual Report

CBN annual report and statement of accounts for 1960 covers economic performance including key economic indicators such as inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates. The banking system was relatively well developed with increase in bank deposits to 70 million Pounds. Also, the number of bank branches increased from 44 to 200. The development indicated growth and broadening of the banking system. The domestic publicly issued debt of the Federal Government consists of 300,000 Pounds. Nigeria Government Registered Stock 1956/61 which was due to be redeemed in December …