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