Table A.1.1:
Monetary
Survey (N'
Million)
MONETARY
ASSETS/
LIABILITIES

FOREIGN
ASSETS
(NET)
150.27800000000002
163.62799999999999
156.33600
By Central
Bank
155.23400000000001
151.47
153.226
By
Commercial
Banks
-4.9560000000000031
12.157999999999994
3.11
By
Merchant
Banks2
...
...
...
DOMESTIC
CREDIT
(NET)
117.628
143.76600000000002
187.00200
Claims on
Federal
Govt (Net):
8.2980000000000018
26.64
38.22
By Central
Bank
4.604000000000001
20.698
31.48
By
Commercial
Banks
3.694
5.9420000000000002
6.74
By
Merchant
Banks
...
...
...
Claims on
Private
Sector:
109.33
117.126
148.78200
By Central
Bank

By
Commercial
Banks
109.33
117.126
148.78200
By
Merchant
Banks
...
...
...
Claims on
State and
Local Govts:

By Central
Bank

By
Commercial
Banks

By
Merchant
Banks
...
...
...
Claims on
NonFinancial
Public
Enterprises:

By Central
Bank

By
Commercial
Banks

By
Merchant
Banks
...
...
...
Claims on
Other
Private
Sector:
109.33
117.126
148.78200
By Central
Bank

By
Commercial
Banks
109.33
117.126
148.78200
By
Merchant
Banks
...
...
...
OTHER
ASSETS
(NET)
4.4899999999999949
-14.562000000000012 -17.91
TOTAL
MONETARY
ASSETS
272.39600000000002
292.83199999999999
325.428
MONEY
SUPPLY
(M1)
217.60599999999999
222.32
242.14
Currency
Outside
Banks:
135.32400000000001
138.19799999999998
149.96
Currency in
Circulation
154.154
160.19399999999999
174.65600
Vault cash:
currency
held by
commercial
banks
-18.829999999999998
-21.995999999999999 -24.696000
Vault cash:
currency
held by
merchant
banks
...
...
...
Demand
Deposits1
82.281999999999996
84.122
92.18
Private
Sector
Deposits at
CBN
4.8000000000000001E-2 0.80600000000000005 1.5880000
Private
Sector
Deposits at
Commercial
Banks
82.233999999999995
83.316000000000003
90.591999
QUASI
MONEY1
54.79
70.512
83.288000
Time,
Savings &
Foreign
Currency
Deposits of:
54.79
70.512
83.288000
Commercial
Banks
54.79
70.512
83.288000
Merchant
Banks
...
...
...
Of which
Foreign
Currency
Deposit

TOTAL
MONETARY
LIABILITIES
(M2)
272.39600000000002
292.83199999999999
325.428
Source :
Central
Bank of
Nigeria
Note:
1excludes
takings
from
discount
houses
2Merchant
Bank
started in

... means
not
applicable
Universal
Banking
was
adopted in
2001, hence
Commercial
& Merchant
Banks
became
Deposit
Money
Banks
(DMBs).
Table A.1.2:
Monetary
Authorities'
Analytical
Accounts -
Assets (N'
Million)
Item

FOREIGN
ASSETS
155.23400000000001 151.512
153.262
Gold

14.15
14.15
IMF Gold
Tranche

Foreign
Currencies

Demand
Deposits at
Foreign Banks

Treasury Bills of
Foreign
Governments
155.12200000000001 122.758
139.111999
SDR Holdings

Attached Assets 0

Regional
Monetary
Cooperation
Funds

Other Foreign
Assets
0.112
14.603999999999999 0
CLAIMS ON
FEDERAL
GOVERNMENT
6.7220000000000004 23.006
32.64
Treasury Bills &
TB Rediscounts
6.7220000000000004 17.216000000000001 32.64
Treasury Bills
3.15
3.2
3.07600000
Treasury Bills
Rediscounts
3.5720000000000001 14.016
29.564
Nigerian
Converted
Bonds

Treasury Bond
Stock

Treasury Bonds
Sinking Funds
Overdrawn
Account

Treasury Bonds
Interest

Overdrafts to
Federal
Government

Overdraft on
Budgetary
Accounts

Other
Overdrafts to
Federal
Government

Development
Stocks

Development
Stocks Account

Development
Stocks Sinking
Funds
Overdrawn
Account

Development
Stocks Interest

Treasury
Certificates

Other Claims on
Federal
Government

5.79

Claims on
Federal
Government
(Branch
Position)

CLAIMS ON
STATE AND
LOCAL
GOVERNMENT

Overdrafts to
States & Local
Governments:

Overdrafts to
State
Governments

Overdrafts to
Local
Governments

Claims on State
& Local Govt.
(Branch
Position)

CLAIMS ON
NONFINANCIAL
PUBLIC
ENTERPRISES

Overdrafts to
Non-Financial
Public:

Overdrafts to
Federal
Parastatals

Overdrafts to
State Parastatals

Claims on Nonfin. Publ. Ent.
(Branch
Position)

CLAIMS ON
(NONFINANCIAL)
PRIVATE
SECTOR

CLAIMS ON
DEPOSIT
MONEY BANKS

(Overdrafts to)
Commercial
Banks

(Overdrafts to)
Merchant
Banks1

Other Claims on
DMBs

Claims on
Deposit Money
Banks (Branch
Position)

CLAIMS ON
OTHER
FINANCIAL
INSTITUTIONS
(OFI's)

Development
Banks

Other Claims on
OFI's:

Loans to OFI's1

Investment in
OFI's

Miscellaneous
Claims on OFIs

UNCLASSIFIED
ASSETS
2.9340000000000002 2.8780000000000001 3.12599999
Participation in
International
Organisations

IMF Currency
Subscriptions:

IMF Local
Currency
Subscription
(CBN
Accounting
Records)1

IMF NonNegotiable
Interest Bearing
A/C (CBN acc.
records)

IMF Securities
Account (CBN
acc. records)

IMF Accounts
Valuation
Adjustments

SDR Allocation
#1 (rev.
descrepancy)

IMF Gold
Tranche A/C
(CBN
Accounting
Records)

Holdings of
SDRs (CBN
Accounting
Records)

IBRD
Subscriptions

Total
Receivables

Receivables

Income
Receivable:

Accrued
Earnings

Impersonal
Accounts

Interest
Receivables1

Other Income
Receivable

Exchange
Difference on
Promisory Notes

SME
Revaluation
Accounts

Claims on
Branches

Non-Monetary
Precious Metals

Miscellanoues
unclassified
Assets
2.9340000000000002 2.8780000000000001 3.12599999
Other
Miscellaneous
Assets
2.9340000000000002 2.8780000000000001 3.12599999
Expenses

Head Office
Expenses

Branch
Expenses1

Zonal Office
Expenses

Unclassified
Assets (Branch
Position)

TOTAL ASSETS
164.89
177.39599999999999 189.027999
Source : Central
Bank of Nigeria
Notes: 1These
items were
reclassified
from the last
quarter of 2006
"-" indicates not
available
Table A.1.3:
Monetary
Authority's
Analytical
Accounts -
Liabilities (N'
Million)
Item

RESERVE
MONEY
157.05000000000001
166.95599999999999
177.5
Currency in
Circulation
154.154
160.19399999999999
174.6
Head Office

Branches

Deposit Money
Banks'
Deposits:
2.8959999999999999
6.7619999999999996
2.851
Commercial
Banks
2.8959999999999999
6.7619999999999996
2.851
Commercial
Banks Demand
deposits
2.8959999999999999
6.7619999999999996
2.851
Commercial
Banks Special
deposits

Commercial
Banks
Required
Reserves

Merchant
Banks

Merchant
Banks Demand
deposits

Merchant
Banks Special
deposits

Merchant
Banks
Required
Reserves

Other Deposits
Of DMBs

DMBs' deposits
(branch
position)

Private Sector
Deposits
4.8000000000000001E-2 0.80600000000000005
1.588
Non-Financial
Public
Enterprises
(Parastatals):

Federal
Government
Parastatals

Private Sector
Corporations
Deposit

State and Local
Government
Deposits and
Parastatals

State
Government
Parastatals

State
Government
Deposits
4.8000000000000001E-2 0.80600000000000005
1.588
Local
Government
Deposits

Other
Financial
Institutions
Deposits

Development
Banks

Other
Financial
Institutions

Private Sector
deposits
(branch
position)

FOREIGN
LIABILITIES

4.2000000000000003E-2 3.599
Non-Resident
Deposits of:

Foreign DMBs
(Current
Accounts)

Foreign
Central Banks

Other Foreign
Financial
Institutions

Other Foreign
Customers

Liabilities to
Foreign
Monetary
Authorities:

Treasury Bills
Held by
Foreign
Monetray
Authorities

Other Foreign
Liabilities

4.2000000000000003E-2 3.599
LONG-TERM
FOREIGN
LIABILITIES

Long-Term
Liabilities

Trade Debt
Promissory
Notes A/C

FEDERAL
GOVERNMENT
DEPOSITS
2.1179999999999999
2.3079999999999998
1.159
Budgetary
Accounts
2.1179999999999999
2.3079999999999998
1.159
Deposits on
Nigerian
Converted
Bonds

Deposits on
Development
Stocks

Deposits on
Treasury
Certificates

Other Federal
Govt Deposit

Federal Govt
Deposit
(Branch
Position)

CAPITAL
ACCOUNTS
2.9020000000000001
3.34
3.787
Capital
2.9020000000000001
3.34
3.787
Reserves

Provisions

Undisbursed
Profits

Revaluation
Accounts

Foreign Assets
Revaluation A/
C

Fixed Assets
Revaluation
UNCLASSIFIED
LIABILITIES
2.7719999999999998
3.944
4.948
Intra-Bank
Accounts
(Uncleared
Effects)

Govt Lending
Fund

Expense/
Interest
Account

Liabilities to
IMF

IMF Account
Adjustments

Other
Unclassified
Liabilities
2.7719999999999998
3.944
4.948
Other
Miscellanoues
unclassified
Liabilities
2.7719999999999998
3.944
4.948
Unclassified
Liabilties
(Branch
Position)

Miscellaneous
Excess Crude

Federal
Government

Subnationals
Government

TOTAL
LIABILITIES
164.89
177.39599999999999
189.0
Source :
Central Bank
of Nigeria
Table A.1.3:
Monetary
Authority's
Analytical
Accounts -
Liabilities (N'
Million)
Item1

RESERVE MONEY 688652.52727272734 732310.30300291744
76278
Currency in
Circulation
502254.5
545803
64238
Head Office
503032.5
545803
64238
Currency in
Circulation(Branch
Position)
-778

Deposit Money
Banks' Deposits:
186398.02727272731 186507.30300291738
12039
Commercial Banks 159892.84545454546 171067.43486050572
11484
Commercial Banks
Demand deposits
19985.436363636363 26395.122974367245
15422
Commercial Banks
Special deposits
3.5545454545454547 3.5354735724718802
3.5
Commercial Banks
Required Reserves
139903.85454545455 144668.77641256599
99421
Merchant Banks1
15723.609090909089 15419.545682978298
5552.
Merchant Banks
Demand deposits
3544.1363636363631 2115.2294116364596
3867.
Merchant Banks
Special deposits
26.736363636360693 8.7212841434831319
8.699
Merchant Banks
Required Reserves
12152.736363636364 13295.594987198356

Other Deposits Of
DMBs
77.372727272727275 20.322459433371737

Deposit Money
Banks' deposits
(branch position)
10704.2

Private Sector
Deposits
235740.43299999996 143519.28012933
21552
Non-Financial
Public Enterprises
(Parastatals):
235280.83299999998 143103.15301615
21113
Federal
Government
Parastatals
235280.83299999998 143103.15301615
21113
Private Sector
Corporations
Deposit
7.6
114.05550984999999
4093.
State and Local
Government
Deposits and
Parastatals
0.3
20.988160360000002
2.200
State Government
Parastatals

2.2876999999999997E-3 1.100
State Government
Deposits
0.3
20.985872660000002
1.100
Local Government
Deposits

Other Financial
Institutions
Deposits
102.8
281.08344297000002
294.1
Development
Banks
102.5
9.0697494600000006
67.3
Other Financial
Institutions
0.3
272.01369351
226.8
Private Sector
deposits (branch
position)
348.9

SHORT-TERM
FOREIGN
LIABILITIES

228615.29895991003
43817
Non-Resident
Deposits of:
5008.3
108374.43518562001
30932
Foreign DMBs
(Current
Accounts)
4099.2
54773.842949530001
30834
Foreign Central
Banks
909.1
46994.415337730003
98.5
Other Foreign
Financial
Institutions

6606.1768983599995

Other Foreign
Customers

Liabilities to
Foreign Monetary
Authorities:
972.6
120239.76377429
12884
Treasury Bills
Held by Foreign
Monetray
Authorities
972.6
4524.9976802900001
8034.
SME World Bank
Loan A/C
1.1000000000000001 1.1000000000000001
4666.
SME Drawdown
Account

Other Foreign
Liabilities

LONG-TERM
FOREIGN
LIABILITIES
87455
67734
12887
Long-Term
Liabilities
87455
67734
12887
Trade Debt
Promissory Notes
A/C
87455
67734
12887
FEDERAL
GOVERNMENT
DEPOSITS
298730.09999999998 447708.86863733002
39404
Budgetary
Accounts
292831.59999999998 374895.9
33821
Deposits on
Nigerian
Converted Bonds

Deposits on
Development
Stocks

Deposits on
Treasury
Certificates

7.8974283499999993

Other Federal
Govt Deposit
7.9
72805.071208979993
55831
Federal Govt
Deposit (Branch
Position)
5890.5999999999913 0

CAPITAL
ACCOUNTS
353196.9
553426.03393341997
71011
Capital

Reserves
40473.4
46179
46180
Provisions
31041.200000000001 41139.933933419998
63357
Undisbursed
Profits

Revaluation
Accounts
278682.3
463107.1
59757
Foreign Assets
Revaluation A/C
278682.3
463107.1
59757
Fixed Assets
Revaluation
UNCLASSIFIED
LIABILITIES
194641
1228953.3590880102
22675
Intra-Branch
Accounts
(Uncleared
Effects)
2346.1000000000931 1132.0706
34945
Govt Lending
Fund

113.24732

Expense
108822.5
3346.3078879999998
12308
Impersonal
Accounts

Liabilities to IMF
307283.3
336984.37428001
38290
IMF Account
Adjustments

SDR Allocation
(CBN Rec)

Other Unclassified
Liabilities
50501.5
212291.45900000015
54367
Other
Miscellanoues
unclassified
Liabilities
50501.5
212291.45900000015
54367
Unclassified
Liabilties (Branch
Position)
4195.3999999999996 0

Miscellenoues
Excess Crude
savings

97920
Federal
Government

51604
Subnationals
Government

46316
TOTAL
LIABILITIES
1864397.9802727273 3402267.1437509172
44067
Source : Central
Bank of Nigeria
Note: 1These
items were
reclassified from
the last quarter of

Table
A.1.3.1:
Quarterly
Monetary
Aggregates
(N' Million)
NFA
NCG
CCP
Period

Q1
158.18200000000002 1.1259999999999999 69.90200000
Q2
142.69400000000002 13.486000000000001 73.02400000
Q3
144.702
12.11
80.07599999
Q4
150.27800000000002 8.2980000000000018 109.33

Q1
153.05799999999999 11.312000000000001 99.10800000
Q2
145.94200000000001 23.55
97.93
Q3
131.88800000000001 34.816000000000003 96.53600000
Q4
163.62800000000001 26.64
117.126

Q1
155.11600000000001 27.05
122.562
Q2
139.37
33.411999999999999 124.1620000
Q3
136.334
28.318000000000001 126.658
Q4
156.33600000000001 38.22
148.7820000

Q1
138.10599999999999 23.398
140.0040000
Q2
127.74199999999999 25.806000000000001 143.4240000
Q3
143.816
26.36
144.3679999
Q4
133.45200000000003 67.068000000000012 170.5

Q1
122.12
49.592000000000006 157.1620000
Q2
123.61
58.175999999999995 157.3360000
Q3
130.27199999999999 59.873999999999995 171.91
Q4
124.892
83.126000000000005 222.9559999

Q1
112.79599999999999 74.373999999999995 197.6860000
Q2
124.77799999999999 71.63
194.85
Q3
155.69999999999999 77.793999999999997 187.9019999
Q4
154.596
80.48
232.608

Q1
143.91800000000001 86.746000000000009 206.3180000
Q2
150.38400000000001 96.134
195.2760000
Q3
149.45400000000001 114.59599999999999 205.02
Q4
126.49
136.17599999999999 245.5620000

Q1
124.18
134.678
231.3439999
Q2
88.957999999999998 191.33
167.94
Q3
74.496000000000009 199.54
202.452
Q4
46.722000000000001 191.352
241.5080000

Q1
34.119999999999997 238.82600000000002 209.702
Q2
75.661999999999992 276.39400000000001 191.2820000
Q3
64.853999999999999 286.26599999999996 190.434
Q4
64.158000000000015 351.41
222.84

Q1
71.707999999999998 451.18799999999999 177.256
Q2
73.915999999999997 414.82
191.7640000
Q3
73.843999999999994 421.73399999999998 194.9079999
Q4
87.804000000000002 512.19200000000001 249.744

Q1
88.513999999999996 614.92999999999995 223.38
Q2
82.213999999999999 596.90200000000004 242.696
Q3
105.422
659.96199999999999 281.7919999
Q4
128.15
768.6
351.7

Q1
152.18799999999999 800.37599999999998 389.3059999
Q2
225.624
751.54199999999992 439.0740000
Q3
181.178
711.15
457.0759999
Q4
267.5
597.20000000000005 502

Q1
228.589
515.02
516.1559999
Q2
206.727
564.34399999999994 546.2480000
Q3
229.41200000000001 606.99099999999999 553.2439999
Q4
229.5
606.29999999999995 628.7000000

Q1
276.411
666.53699999999992 589.4299999
Q2
325.61199999999997 683.63599999999997 620.6279999
Q3
288.62799999999993 742.45600000000002 642.2720000
Q4

563.29999999999995 753.6

Q1
810.23200000000008 278.80400000000003 766.8289999
Q2
1496.7139999999997 -123.09399999999999 797.0259999
Q3
2500.1309999999994 -849.47699999999998 855.5950000
Q4
3492.5
-1277
966.7

Q1
3714.3410000000003 -1240.4779999999998 1015.857999
Q2
3768.2820000000002 -1142.7259999999999 1181.505000
Q3
3515.6689999999999 -663.53100000000006 1434.06
Q4
3533.2
-453.9
1671.8

Q1
3308.8130000000001 239.81799999999998 1787.039
Q2
3597.2440000000001 -68.566000000000088 1963.214000
Q3
3536.7709999999993 -9.1649999999999565 2152.898999
Q4
3170.2
845.5
2464.4

Q1
3079.819
1523.5060000000001 2609.224999
Q2
3002.1369999999997 1239.271
2938.551000
Q3
2908.0430000000001 1296.9460000000001 3165.853000
Q4
2722.3
1353.8
3808.4

Q1
2386.9720000000002 2377.5500000000002 3883.795999
Q2
1666.374
2331.3559999999998 4094.875000
Q3
1107.2
3015.8
4273.399999
Q4
1192.9000000000001 2504.4

Q1
1473.9
3604.5
4573.7
Q2

4807.8
Q3
2735.8
4315.7

Q4
3232.2
3365.6
5399.6

Q1
3811.8
3597.9
5603.3
Q2

6050.9
Q3
5661.54

6696.1
Q4

3567.8
7457.8

Q1
5800.3
1885.6
7937.7
Q2
5770.4

8443.4
Q3
4358.7
3760.6
9188.799999
Q4

6532.9
9670.5

Q1
1061.08
6182.3
10418.5
Q2
702.2
6847.4
10944.5
Q3
708.8
6223.8
11161.7
Q4
866.5
10660.6
11611.4

Q1
666.7

11610.2
Q2
518.4
11263.2
11686.7
Q3
556.29999999999995 13584.4
11744.3
Q4
501.4
16450.099999999999 12237.8

Q1
626.4
15991.5
12423
Q2
905.7
16524
12520.7
Q3
772.9
16497.2
12410.4
Q4
1110.7
19125.3
12895.3

Q1
1132.2
16628.5
12987.8
Q2
1043.0999999999999 17553.400000000001 13134
Q3
573.20000000000005 20641.599999999999 13437.8
Q4
1418.4
20323.599999999999 14139

Q1
1170.3
16972.2
14748.5
Q2
1132.4000000000001 17750
15320.9
Q3
1960.1
17516.599999999999 16880.09999
Q4
5367.8
19550.599999999999 18299.90000

Q1
4699.1000000000004 20098.900000000001 18769.8
Q2
1341.6
19039.599999999999 19513.3
Q3
3337.4
18917
20355
Q4
3700.5
22247.5
21892.5

Q1
2734.3
22410.2
23000.3
Q2
4558.3
19832.599999999999 23435
Q3
4549.5
20114.099999999999 25369.8
Q4
9492.4
29340.6
25472.5

Q1
15032.5
28246.400000000001 27754.40000
Q2
15085.6
20378.2
28589
Q3
18900.7
11422.2
28980.3
Q4
22524.3
7360.3
29643.9

Q1
29412.5
13204.1
31696.79999
Q2
32512.6
2200.1999999999998 31762.5
Q3
35389.4
2962.8
35860.1
Q4
43909.9
22772.7
35436.6

Q1
52512.7
10501.3
34206.69999
Q2
53585.599999999999 20988.6
37693.4
Q3
49911.5
6318.6999999999935 38750.40000
Q4
56045.3
39626
42079

Q1
83970.5
45412.4
43772
Q2
85271.4
22302.400000000001 55040.9
Q3
81299
31384.5
48749.9
Q4
35778.254452560002 91112.177941029993 76098.69655

Q1
46418.27959749
83980.267907850008 94677.02340
Q2
64137.994785390001 71209.247841670003 129214.9316
Q3
61685.122250779998 87338.196203759988 149753.4890
Q4
63559.128210689996 185167.90864615998 91199.27034

Q1
55002.138001419997 196487.72180619999 132608.8234
Q2
52324.039887070001 200380.57354292
138449.8746
Q3
34978.211608490004 201975.97931853001 139164.3930
Q4
56220.278973220004 288113.53555272997 145103.8859

Q1
105297.76417024
183781.43643315
141103.6617
Q2
121273.40783373
175104.62533886003 173073.6187
Q3
110984.23736495001 167317.32313931998 187512.9958
Q4
108663.01165378002 263002.77373526996 204945.0941

Q1
119129.05452384999 180252.06006774999 212316.4025
Q2
122222.28208609001 216415.04459630998 228864.6641
Q3
131925.54633712998 179417.37735082002 247150.4743
Q4
237978.47605804997 110465.55059363999 255558.8235

Q1
158240.5667585
96627.252425689949 257047.5154
Q2
226031.53991070998 75624.955832560125 314644.8810
Q3
237368.72585434999 38823.871590509982 334584.0297
Q4
234015.68380143002 46358.40601206998
316577.2707

Q1
254473.37588214997 34801.010737800003 325097.4033
Q2
275325.78724879003 47150.208454530017 351155.5289
Q3
285075.35103017004 34228.128846320047 355501.0194
Q4
247041.61239663002 139916.24237582998 370706.7389

Q1
634905.32368301996 -33229.391522390026 395399.4602
Q2
608426.92078908009 142759.77518876013 425237.1196
Q3
623997.04554158985 91308.820947089916 437373.2015
Q4
666271.15772920009 176804.87366981001 452411.1221

Q1
774824.28541749006 20342.750744140078 470107.9189
Q2
888657.30402372999 -26413.87530147018
511632.8108
Q3
920402.61677158996 48184.37421485997
552125.6730
Q4
1275016.9141366801 -123989.79177483983 587486.2034

Q1
1263237.9947249598 25849.176732580137 690357.5547
Q2
1398377.66601872
-69914.345498410024 729382.6592
Q3
1440539.7
-27426.20000000007
810457.9
Q4
1326157.2
111973.2
871739.3

Q1
1361813.6
126572.8
925343.2
Q2
1191616.3
211558.1
944648.1
Q3
1282215.5
373639.2
938271.2
Q4
1346526.9
430656.4
1010638.4

Q1
1325852.2
605045.69999999995 1047582.9
Q2
1173900.5
625658.69999999995 1045848.1
Q3
1388233.8
591944.69999999995 1191546.48
Q4
1570567.6
499985.6
1303421.899

Q1
1829690
453804.35583333328 1372906.3
Q2
2010641.8
453025.1
1464169.8
Q3
2644672.6970083104 485725.53136267001 1507885.178
Q4
3140484.4750000006 593222.99
1642872.2

Q1
3397866.6340000001 341727.82500000007 1816680.5
Q2
4003941.6
603058
1937515
Q3
4098471.85
306031.90000000002 1950379.82
Q4
4341718.9090000009 602322.5
1922775.77

Q1
5108959.9400000004 471892.32264000003 2040808.143
Q2
5568809.9990000008 360789.37300000002 2257453.79
Q3
5718702.2857403699 -235144.67443473986 2494474.935
Q4
6307859.2621254111 -1936615.7398334397 2556919.725

Q1
6997940.7801675685 -2508626.5831918996 2982217.060
Q2
7633412.6287206691 -2615012.0202473397 3463443.736
Q3
6977270.8816119991 -2462860.9903952605 4144172.664
Q4
7266512.0892413696 -2368484.3898503501 4968967.298

Q1
7991622.795226261
-2501996.3264524098 5862327.126
Q2
8316237.2229435993 -2716445.3121344191 6655281.678
Q3
8523480.9670053404 -3230039.2832730096 7378526.087
Q4
8550430.3120210711 -3107688.5878986004 7909783.777

Q1
8105332.2178045306 -3605924.3653774792 8015572.794
Q2
7643607.1311438996 -3150018.1333399601 8305283.488
Q3
6886864.5521917501 -2957111.8267005095 9516411.600
Q4
7593321.8175431397 -2302294.6829203302 9895762.477

Q1
7249631.8516228097 -1649471.8410700993 9715608.119
Q2
6484759.0065151807 -1489877.5147097702 9783650.389
Q3
6453963.9705059491 -1026277.2824700093 9994873.582
Q4
6506618.5896335989 -1121798.6274487204 9460534.255

Q1
6988078.1024739295 -1240157.98395412
9070174.647
Q2
6453690.2622074606 -1068311.3299590996 9537711.936
Q3
6669766.0504796105 -1148207.624127429
10710576.18
Q4
7138672.7772038607 -496861.61620338075 13670373.15
Source :
Central Bank
of Nigeria
NFA = Net
Foreign
Assets, NCG
= Net Credit
to
Government,
CCP = Credit
to Core
Private
Sector, CSLG
= Credit to
States &
Local
Governments,
RM =
Reserve
Money, M1
= Narrow
Money, M2
= Broad
Money
Supply, PSDD
= Private
Sector
Demand
Deposits,
Reserves =
DMBs'
Deposits with
CBN, CIC =
Currency in
Circulation
Table
A.1.3.2:
Monetary
Policy
Targets and
Outcomes
(Growth
Rates)
Variables

M2
Actual
12.44159178433889
4.2325022072030958 22.91948097
Target
*
*
*
M1
Actual
11.04976354514247
-2.2885141951289838 12.05937877
Target
6.5
7.8
11.8
NDC
Actual
7.6263405432752673 9.8306570020834219 16.61668934
Target
7.2
8.6999999999999993 4.400000000
NCG
Actual
6.2655226323247186 -3.8034600169261354 13.79446155
Target
7.1
5.9
1.5
CPS
Actual
9.6445991950555676 29.428531013508746 19.63180126
Target
7.4
12.8
8.4
Real GDP1
Actual
11.33
1.89
-0.69
Target

**
**
Inflation
Actual
1.0309278350515483 13.673469387755077 9.694793536
Target

***
***
Source:
Central Bank
of Nigeria &
National
Bureau of
Statistics
Notes: 1Real
GDP growth
rates
between
1985 - 1999
are from the
harmonized
series on
GDP
produced by
the NBS.
*Quantitative
target for M2
is not
specified.
**Policy
statement is
specified as
stimulate
growth in the
productive
sectors
***Policy
statement is
specified as
significantly
reduce/
moderate the
rate of
inflation
Table A.1.4:
Consolidated
Bankers'
Clearing
House
Statistics
Number of
Number
of
Amount
Dail
Working
Cheques
(N' Million)
Period
Days
Cleared
No.
Che

93195
81.347999999999999 503

356498
309.36199999999997 592

390000
368.83

499043
437.61399999999998 626

457732
452.92600000000004 506

224.33333333333334 721365
929.4

285.33333333333331 962513
1211.3

232.25
1218257

251.66666666666666 752586

253.875
1452127
2634.8

250.625
1745190
4528.3

251.875
1806094
6914.2

249.375
1912212
12481.7

2121047
11742.5

246.79166666666669 1931123
11868.7

249.5
2224072
16111.7

243.5
2561607
19407.099999999999 105

244.79166666666666 2403235
20345.099999999999 981

247.16666666666666 2164534
18667.3

247.75
2614286
16281.5

247.2833333333333
2803920
13778.6

248.0333333333333
3535360
24958.5

246.2
4951035
26699.7

243.5
4900697
56181.4

246.91
4682186
54832.5

244.87
5066202
57839.199999999997 206

244.72
5652178
124891

247.41
7358580
170235.3

225.14
5151561
205420.3

247.51
4910565
310176.59999999998 198

247.24
4826155
466598.7

249.63
4050401
406318.2

3665107
391924.1

249.25
7754672
1198647.8

249.76
8620745
1413125.5

248.88
10297889 2095478.1

250.88
10193442 2256381.7000000002 406

5339419
2325719.1

12526643 8928400

13997898 10996044.699999999 546
2005 1

14638511 13915416

2006 1

14927414 16492064.02

19895613 28111190.41

30172925 43357416.039999999 120

29159780 29390953.149999999 116
Q1

6355035
8179050.8300000001 102
Q2

6546945
6934688.7400000002 109
Q3

7868262
7456434.6100000003 122
Q4

8389538
6820778.9699999997 129

33973919 19675506.369999997 135
Q1

7869704
4595469.28

Q2

7645735
4667918.3899999997 127
Q3

9247992
4931925.2899999991 144
Q4

9210488
5480193.4100000001 141

37718585 22302646.039999999 151
Q1

8111122
5417761.29

Q2

8944203
5226954.8900000006 149
Q3

9732357
5548609.75

Q4

10930903 6109320.1100000003 179
Source:
Central Bank
of Nigeria
Notes:
1Revised
Clearing
House
activities
commenced
in 1965
Table A.2.1:
Commercial
Banks'
Statement of
Assets &
Liabilities -
Assets (N'
Million)
ASSETS

RESERVES
18.829999999999998
21.995999999999999
24.6960
Currency
18.829999999999998
21.995999999999999
24.6960
Deposits with
CBN:

Reserve
Requirements
Current
Accounts

Stabilization
Securities
FOREIGN
ASSETS

73.075999999999993
43.26
Claims on
Non-resident
Banks:
42.874000000000002
72.959999999999994
43.0679
Balances held
with banks
outside Nigeria
2.194
1.83
2.718
Balances held
with offices
and branches
outside Nigeria
40.322000000000003
71.072000000000003
40.2920
Loans &
Advances to
Banks outside
Nigeria
0.35799999999999998 5.8000000000000003E-2 5.80000
Bills
Discounted
Payable
outside Nigeria
0.126
0.11600000000000001
0.192
CLAIMS ON
CENTRAL
GOVERNMENT
3.694
5.9420000000000002
6.74
Treasury Bills
3.694
5.9420000000000002
6.74
Treasury
Certificates

Development
Stocks
Loans &
Advances to
Central
Government
Bankers Unit
Fund
CLAIMS ON
STATE &
LOCAL
GOVERNMENT

Loans &
Advances to
State
Government
Loans &
Advances to
Local
Government
CLAIMS ON
OTHER
PRIVATE
SECTOR
109.33
117.126
148.782
Loans &
Advances to
Other
Customers
107.672
111.878
142.991
Loans &
Advances to
Nigeria Banks
Subsidiaries

2.59
2.58599
Bills
Discounted
from non-bank
sources
Investments:
1.6579999999999999
2.6579999999999999
3.20400
Ordinary
Shares
Preference
Shares
Debentures
Subsidiaries
Other
investments
1.6579999999999999
2.6579999999999999
3.20400
Commercial
papers
Bankers
Acceptances
Factored Debt
Advances
under Lease
CLAIMS ON
OTHER
FINANCIAL
INSTITUTIONS

UNCLASSIFIED
ASSETS
60.981999999999999
76.513999999999996
61.7539
Fixed Assets
Domestic InterBank Claims:
12.592000000000001
7.9420000000000002
13.99
Bills
Discounted
from Banks in
Nigeria
2.4140000000000001
2.1179999999999999
6.00399
Money at call
with Banks

0.14799999999999999
0.3
Inter-bank
Placements
Balances held
with banks in
Nigeria
6.4
2.5459999999999998
5.68799
Loans &
Advances to
other Banks in
Nigeria
3.778
3.13
1.998
Checks for
Collection
Money at call
outside banks
Certificates of
Deposit
Placement
with Discount
Houses
Other Assets:
48.39
68.572000000000003
47.7640
Receivables
Pre-payments
Bills Payable
Suspense
Sundry
Debtors
FEM
CBN naira
Depreciation
NDIC
Miscellaneous
48.39
68.572000000000003
47.7640
TOTAL
ASSETS
235.83599999999998
294.654
285.232
Source: Central
Bank of
Nigeria
Note:
Following the
adoption of
Universal
Banking in
Nigeria,
commercial
and merchant
banks figures
were merged
from 2001
Tables A.2.2:
Commercial
Banks'
Statement of
Assets/
Liabilities -
Liabilities (N'
Million)
LIABILITIES

DEMAND
DEPOSITS
82.233999999999995
83.316000000000003
90.59199
Private Sector
Deposits
82.233999999999995
83.316000000000003
90.59199
State
Government
Deposits

Local
Government
Deposits

TIME, SAVINGS
& FOREIGN
CURRENCY
DEPOSITS
54.79
70.512
83.28799
Time Deposits:
17.908000000000001
28.135999999999999
34.84000
Private Sector
Deposits
17.908000000000001
28.135999999999999
34.84000
State
Government
Deposits

Local
Government
Deposits

Savings
Deposits:
36.881999999999998
42.375999999999998
48.448
Private Sector
Deposits
36.881999999999998
42.375999999999998
48.448
State
Government
Deposits

Local
Government
Deposits

Foreign
Currency
Deposits:

Domiciliary
Accounts

Other Deposits: 0

MONEY
MARKET
INSTRUMENTS:

Certificate of
Deposit Issued

Notes & Deposit
(Cash)
certificates

BONDS

Debentures

Notes & Deposit
(Cash)
certificates

FOREIGN
LIABILITIES:
47.956000000000003
60.917999999999999
40.15
Balance Held
for offices and
branches
Abroad
47.802
55.293999999999997
39.15599
Balance held
for banks
outside Nigeria
0.154
0.34
0.914000
Money at call
with foreign
banks

Loans &
Advances from
other banks
outside Nigeria

5.2839999999999998
0.08
CENTRAL
GOVERNMENT
DEPOSITS

Federal
Government
Time Deposits

Federal
Government
Demand
Deposits

Federal
Government
Savings
Deposits

CREDIT FROM
CENTRAL
BANK

Loans &
Advances from
CBN

CBN Overdrafts
to banks

CAPITAL
ACCOUNTS:
5.9320000000000004
20.417999999999999
28.57400
Capital
5.9320000000000004
20.417999999999999
28.57400
Reserve Fund

Reserves for
Depreciation &
non-performing
assets

Loans &
Advances from
Federal and
State Govt

Total loans /
lease loss
provision

UNCLASSIFIED
LIABILITIES:
44.923999999999999
59.49
42.628
Inter-bank
liabilities
5.2560000000000002
2.8719999999999999
3.052
Balances held
for banks in
Nigeria
4.9980000000000002
2.3340000000000001
0.884000
Money at call
from banks in
Nigeria

Inter-bank
takings

Uncleared
effects

Loans &
Advances from
other banks in
Nigeria
0.25800000000000001 0.53800000000000003 2.168000
Bankers
payments

Loans &
Advances from
Other creditors

1.352000
Letters of
Credit

Takings from
Discount
Houses

Other
Liabilities:
39.667999999999999
56.618000000000002
38.22399
Accounts
Payables

Suspense
Account

Provision for
Tax Payments

Sundry
Creditors

Forex Awaiting
Cover

Exchange
Differential

Provision for
Bad Debt

FEM

Miscellaneous
39.667999999999999
56.618000000000002
38.22399
TOTAL
LIABILITIES:
235.83600000000001
294.654
285.2320
Source:
Computed from
Deposit Money
Banks' Returns
Note: Following
the adoption of
Universal
Banking in
Nigeria,
commercial and
merchant banks
figures were
merged from

Table
A.2.3:
Sectoral
Distribution
of
Commercial
Banks'
Loans and
Advances1
(N' Million)
P r o d u c t i o n
Agriculture,
ManufacMining
Period
Forestry
turing
and Quarying
and Fishery

22.5
4.8
1.10000000000

25.2
6.6
0.9

36.1
11.7
1.10000000000

39.299999999999997 17.899999999999999 1.2

60.4
26.3
1.2

68.3

1.3

4.8
39.1
1.5

3.7
39.6

3.8

1.2

4.3
41.9
3.1

76.400000000000006 6.6

9.3000000000000007 119.7
11.6

19.2

10.1999999999

21.6
6.3
182.2

27.2
258.5
12.2

37.4
410.7
16.3

79.599999999999994 609
14.6

139.1
837.8
37.7000000000

39.4

329.6
1357.3

462.2
1956.8
50.9

590.6
2659.8

786.6
3037.6
94.3

940.4
3053.1
118.7

1052.0999999999999 3083.5
165.5

1310.2
3232.2
236.1

1830.3
4475.2

2427.1
4961.2
246.3

3066.7

227.3

3470.5
6671.7
271.600000000

4221.3999999999996 7883.7
362.4

5012.7
10911.3
541.799999999

6978.9
15403.9
759.7


33264.1
72238.100000000006 15049.5

27939.3
82823.100000000006 20611


149578.9
487576
490712.9

106353.84736185
932799.45334747992 846942.843756

Q1
114296.55306491
967045.59272338997 827019.216693
Q2
88635.087339379999 985572.47353811003 788350.406195
Q3
110842.10444036999 1023467.26469489
1173075.15582
Q4
135701.30451533
993456.99962274998 1190731.58303

Q1
136591.1
954448.44
1216664.63999
Q2
150297.29999999999 901749.5
1405618.7
Q3
176688.3
1023961.6
1513894.2
Q4
128406
987641
1178098.60000

Q1
146862.91941388001 1007399.04805924
1348260.61011
Q2
155101.81287010998 910000.42233526998 1308677.95287
Q3
234121.71419351999 1087403.3372241301 1361666.35248
Q4
255205.29476771
1053213.32807472
1295298.86162
Source :
Computed
from
Deposit
Money
Banks'
Returns
Notes:
1New
reporting
format
came into
effect as
from 1994
2Revised
Table
A.2.4.1:
Money
Market
Interest
Rates (Per
cent)
Central Bank
Minimum
Treasury
Certificates1
Rediscount
Treasury
One Year
Tw
Yea
Period
Rates
Bill Rate
Maturity
Ma


3.5
...
...


4.50-3.50
...
...

4.5
...
...

4.5
...
...


4.5

4.5
4.6

4.5

4.5
4.6

4.5

4.5
4.6

4.5

4.5
4.6

4.5

4.5
4.6

4.5

4.5
4.6


3.5
2.5

3.6

3.5
3.6

4.5
4.6

4.5
4.6

5.5

5.5

7.5

7.5

8.5

9.5

8.5

9.5

8.5

9.5


14.5

15.

17.5

26.9
27.4
27.

13.5
12.5

13.5
12.5

13.


13.5

...
...

14.308066759388039 12.950834492350486 ...
...

...
...

13.5

...
...

14.308066759388039 12.950834492350486 ...
...

18.88
...
...


14.21
...
...

6.9950000000000001 ...
...

12.25
8.7999999999999989 ...
...


Q1

Q2

6.13 - 2.00
...
...
Q3

5.70 - 3.99
...
...
Q4

6.00 - 2.50
...
...


Q1

8.15 - 0.95
...
...
Q2

6.60 - 1.00
...
...
Q3

Q4


Q1

Q2

14.00 - 6.80
...
...
Q3

Q4

20.00 - 10.10
...
...
Source :
Central
Bank of
Nigeria
Notes:
1Treasury
Certificates
started in
1968 and
terminated
in 1995
... means
not
applicable
Table
A.2.4.2:
Weighted
Average
Deposit and
Lending
Rates of
Commercial
Banks
Period
Savings
Prime1
Maximum

3.5

3.5

3.5

3.5

7.5

7.5
9.5

7.75

7.5
10.25
11.75

7.5

11.5

9.5
12.5

9.5
9.25
11.75

9.5
10.5

17.5
19.2

14.5
16.5
17.6000000000

16.399999999999999 26.8
24.6

18.8
25.5
27.7

14.29
20.010000000000002 20.8

16.100000000000001 29.8
31.2

16.66
18.32
36.0900000000

13.5

12.61
20.18
20.79

11.69
19.734999999999999 20.8575000000

4.7949999999999999 13.5425
23.3150000000

5.49
18.2925
21.3374999999

5.33
21.32
27.19

5.29
17.98
21.55

5.49
18.2925
21.3374999999

4.1500000000000004 24.85
30.19

4.1100000000000003 20.71
22.88

4.1900000000000004 19.18
20.82

3.83
17.95
19.4899999999

3.14
17.260000000000002 18.7

3.5449999999999999 16.9375
18.3624999999

2.8351051735668453 15.135431097964885 18.6974283067

2.6758333333333333 18.990833333333335 22.6225000000

2.2054760160644169 17.585619776284673 22.5088589011
Q1
3.2252458492491436 18.862684160327294 23.2399634196
Q2
2.6030135378162043 18.4918183963796
22.6881088386
Q3
1.5036280312257242 16.983417618075887 22.2597186751
Q4
1.4900166459665953 16.004558930355913 21.8476446713

1.4326146365649115 16.017555778160496 22.3870267607
Q1
1.4678244724127172 15.763047385025134 21.8828773606
Q2
1.4102905787877755 15.776574228119017 22.1093746244
Q3
1.4463673730592548 15.841984232431306 22.2611864283
Q4
1.4059761219998983 16.68861726706653
23.2946686295
Source:
Central
Bank of
Nigeria
Notes:
1Formerly
referred to
as First
Class
Advances
Universal
Banking
was
adopted in
2001,
hence
Commercial
& Merchant
Banks
became
Deposit
Money
Banks
(DMBs)
Table A.2.5:
Selected
Financial
Ratios of
Commercial
Banks
(Percentage)
Period
Liquidity Ratio1
Cash Reserve Ratio2
Loan
Rati
Actual
Prescribed
Minimum
Prescribed
Actu

83.2

29.1
88.6

93.3

31.3

34.4

40.200000000000003 25

72.599999999999994
40.2

90.7
72.5

89.5
91.7

94.5
51.3

73.7
68.2

61.8
74.2

63.8
69.8

61.6

68.5
51.1

59.1
48.3

52.7

38.4
68.5

45.1
70.3

47.6
66.7

38.5
74.5

40.5
84.6

54.7
83.8

65.099999999999994
81.9

66.9

36.4
83.2

46.5
72.9

66.9

40.299999999999997
80.4

44.3
66.5

38.6
59.8

29.1
55.2

42.2
42.9

48.5
60.9

33.1
73.3

43.1
72.9

40.200000000000003
76.5

46.8
74.4

54.6

64.099999999999994

52.9
65.6

52.45
62.7

50.9
61.8

50.475000000000001
68.6

50.174999999999997
70.8

55.7
63.6

48.75

70.7

44.253875688862223 35

80.9

30.7

1.25
85.6

Q1
30.6

79.4
Q2
30.3

78.0
Q3
29.1

78.7
Q4
31.7

60.6

Q1
23.307957921142169 30
1.4930846027446847 48.3
Q2
17.899999999999999 30
3.7514744990374451 44.8
Q3
19.957375282733157 30
4.0033105247290335 43.4
Q4

44.7
Source:
Central
Bank of
Nigeria
Notes:
1Liquidity
ratio is the
ratio of total
specified
liquid assets
to total
current
liabilities
2Cash
reserve ratio
is the ratio
of cash
reserve
requirement
to total
deposit
liabilities
3Loan-toDeposit
ratio is the
ratio of total
loans and
advances to
total deposit
liabilities
Table A.2.6:
Deposits and Loans
of Rural Branches of
Commercial Banks
(N' Million)
Year/Quarter
Deposits
Loans

111.7
35.9

131.19999999999999 44.2

276.60000000000002 58.2

311.39999999999998 114.9

873.5
373.6

1229.2
492.8

1378.4
659.9

3721.1

8360.1
4730.8

10580.7
5962.1

4612.2
1895.3

19542.3
10910.4

4855.2
1602.2

8807.1
8659.2999999999993

12442
4411.2

19047.599999999999 11158.6

18513.8
11852.7

15860.5
7498.1

20640.900000000001 11150.3

16875.900000000001 12341

14861.6
8942.2000000000007

20551.8
11251.9

64490
34118.5

18461.900000000001 16105.5

3118.6
24274.6

3082.3
27263.5

13411.807559209999 46521.477695000001

3296.2273579400003 15590.500285

Q1
3879.44
14741.98
Q2
25.36
16054.14
Q3
27.46
16417.34
Q4
20.79
16555.98

Q1
24.86
16919.59
Q2
27.36
16261.67
Q3
22.23
18132.64
Q4
20.184072910000001 19980.30255
Source : Central
Bank of Nigeria
Note: Rural banking
started in 1977
Table
A.2.7.1:
Number of
Commercial
Banks
Branches in
Nigeria and
Abroad
Branches
Period
Number Urban
Rural
Abroa
of
Banks

3.231

353.57317073170731 9.6971544715447155 3

2005 2

Source :
Central Bank
of Nigeria
Note:
Classification
of Branches
into Urban
and Rural
stopped in
2005 due to
consolidation
of banks
1Abroad
comprises
branches and
subsidiaries
2The number
of banks
reduced to
25 following
consolidation
of banks
Table
A.2.7.2:
Number of
Commercial
Banks
Branches in
Nigeria (by
States) and
Abroad
2006 2007 2008 2009

Q1
Q2
Q3
Q4
Q1
Q2
Number of
Banks

Branches
Abroad2

Number of
Deposit
Money
Banks
Branches in
Nigeria by
State1
Abia

Abuja(FCT) 163

Adamawa

Akwa-Ibom 60

Anambra

Bauchi

Bayelsa

Benue

Borno

Cross-River 36

Delta

Ebonyi

Edo

Ekiti

Enugu

Gombe

Imo

Jigawa

Kaduna

Kano

Katsina

Kebbi

Kogi

Kwara

Lagos
1038 1407 1551 1591 1628 1686 1690 1763 17
Nasarawa

Niger

Ogun

Ondo

Osun

Oyo

Plateau

Rivers

Sokoto

Taraba

Yobe

Zamfara

TOTAL
3233 4200 4952 5183 5288 5432 5436 5682 57
Source :
Central
Bank of
Nigeria/
Nigerian
Deposit
Insurance
Corporation
Notes:
1This
includes
cash
centers
2Some
bank
branches
became
subsidiaries
Table A.2.8:
Commercial
Banks'
Loans to
Small Scale
Enterprises1
Period
Commercial Banks
Loans
Commercial Banks
Commercial Ban
Loans
To Small Scale
Total Credit to
Private
To Small Scale
Enterprises as
Enterprises (N'
Million)
Sector (N' Million)
Percentage of T
Credit (%)

20400
75456.299999999988 27.0355159211

15462.9
88821
17.4090586685

20552.5
143516.79999999999 14.3206230908

32374.5
204090.59999999998 15.8628079882

42302.1
254853.09999999998 16.5986209310

40844.300000000003 311358.40000000002 13.1180979861

42260.7
366544.1
11.5294994517

46824
449054.3
10.4272467717

44542.3
587999.9
7.57522237673

52428.4
844486.2
6.20831933073

82368.399999999994 948464.1
8.68439828138

90176.5
1203199
7.49472863591

54981.2
1519242.7
3.61898727569

50672.6
1991146.42
2.54489571891

25713.7
2609289.4
0.98546753763

41100.400000000001 4820695.7
0.85258233578

13512.20422159
7799400.1132610394 0.17324671161

16366.485012469999 9667876.6775001772 0.16928727535

Q1
17822.900000000001 9611989.9867048915 0.18542362221
Q2
12977.964575200001 9706272.2268573288 0.13370699143
Q3
13686.8
9771333.859219199
0.14007094831
Q4
12550.3
9198173.0575210787 0.13644339937

Q1
13133.23678616
9009438.8557658698 0.14610287407
Q2
109587.19760191
9231557.3861079682 1.18709328251
Q3
14952.4760971
10240403.486577002 0.14601452097
Q4
15611.7
9614445.7984891199 0.16237753404
Source :
Computed
from
Deposit
Money
Banks'
Returns
Notes: This
table
contains
revised
figures
1The
abolition of
mandatory
banks'
credit
allocations
of 20% of
it's total
credit to
small scale
enterprises
wholly
owned
by
Nigerians
took effect
from
October 1,

Small Scale
Enterprises
started in

Table A.3.1:
Summary of
Assets &
Liabilities
of Primary
Mortgage
Institutions
(N'
Millions)
ITEM

ASSETS :
1. CASH
29.3
42.5
30.9
2. Balance
held with
446.6
504.1
811.699999999
(a) FMBN
61.3
84.1
84.4
(b) Other
banks
385.3

727.3
3. Treasury
Bills/
Certificate

135.6

4.
Placements/
Investments
895.5
1185.3
611.799999999
5. Loans
208.9
334.7
560.299999999
6. Other
Assets
662.9
1408.5
1055.59999999
Total Assets 2243.2000000000003 3610.7
3070.29999999
LIABILITIES
:
1. Capital
441.5
845.7
1228.59999999
2. Reserves
55.2
-60.3
-125.4
3. Savings
292.10000000000002 326.39999999999998 399.2
4. Fixed
Deposits
626.39999999999964 1249.9000000000001 645
5. Balance
held for
other Fin.
Ints.
337.5
567.9
213.9
6. Other
Liabilities
490.5
681.1

Total
Liabilities
2243.1999999999998 3610.7000000000003 3070.29999999
Number of
Reporting
PMI

Loans to
deposits
Ratio
3.2
21.2
53.7
Liquidity
Ratio
6.9
31.8

Liquid
Assets
475.9
682.2
842.6
Current
Liabilities
6891.8
2144.1999999999998 1258.09999999
Deposits
6554.3
1576.3
1044.2
Source:
Central
Bank of
Nigeria
Note:
Liquidity
Ratio =
Liquid
Assets/
Current
Liabilities x

Table A.3.2:
Summary of
Assets/
Liabilities of
Discount Houses
- Assets (N'
Million)
ASSETS

1995 1
CASH AND
BALANCES
WITH BANKS
6.4
50.5
71.3269999
i) Cash on hand 0.1
0.2
0.19800000
ii) Balances
with CBN

15.4
-2.2549999
iii) Balances
with other
banks
6.3
34.9
73.384
CLAIMS ON
FEDERAL
GOVERNMENT
4213.2
7126.2
1552.64200
i) Treasury Bills 4213.2
7125.9
1552.64200
a) Pledges

668.15
b) Unpledged

884.491999
c) Bill with PDO
(CBN)

ii) Treasury
Certificate
Maturing

a) Within 1 year 0

b) 1-2 years

iii) Treasury
Bonds

a) Pledges

b) Unpledged

iv) Eligible
Development
Stock

0.3

CLAIMS ON
STATE
GOVERNMENTS

i) State
Promissory
Notes

ii Eligible State
Bonds

CLAIMS ON
BANKS
138.69999999999999 2308.1
471.074999
i) Money at Call 0

ii) Loans and
Advances

iii) Commercial
Bills:
460.074999
a) Bankers
Acceptances
138.69999999999999 2076.1
410.074999
b) Promissory
Notes

c) Negotiable
Certificate of
Deposit

d) Stabilisation
Securities

iv) Others

CLAIMS ON
OTHER
FINANCIAL
INSTITUTIONS
251.95
Money at Call
251.95
Loans and
Advances

Commercial
Bills:

a) Promissory
Notes

b) Negotiable
Certificate of
Deposit

Others

CLAIMS ON
OTHERS
915.832999
Commercial
Bills
915.832999
Loans and
Advances

Others (CBN
Certificate)

OTHER ASSETS 103.5
98.4
89.2840000
FIXED ASSETS
79.7420000
TOTAL ASSETS
4461.7999999999993 9583.1999999999989 3431.85300
ASSETS ON
REPURCHASE
TRANSACTION
12190.0650
Treasury Bills
7012.88900
Treasury Bills
(Bonds)
-
Fixed Buy Back
Repo
-
Eligible
Commercial
Bills
5177.17600
Treasury Bills
Repo with CBN
-
Treasury Bills
Repo with other
Discount House
-
Source: Central
Bank of Nigeria
Note: 1A new
reporting
format was
introduced in
June 1995
Table A.3.3:
Summary of
Assets/Liabilities
of Discount
Houses -
Liabilities (N'
Million)
LIABILITIES

1995 1

CAPITAL AND
RESERVES

565.70000000000005 865.47400000000005 12
i) Paid-up Capital 385
437.5
667.45

ii) Statutory
Reserves
0.5
18.5
51.005000000000003 12
iii) Share
Premium
64.918999999999997 37
iv) Other
Reserves
50.5
109.7
82.1

v) General
Reserve

MONEY-AT-CALL 3350
5517.6
707.93700000000001 76
i) Commercial
Banks
678.86900000000003 61
ii) Merchant
Banks

iii) Non-Bank
Financial
Institutions
4.0679999999999996 12
iv) Others

0.
v) Associated
Treasury Notes

OTHER AMOUNT
OWING TO:

i) Commercial
Banks

ii) Merchant
Banks

iii) Non-Bank
Financial
Institutions

1.
iv) Others

BORROWINGS
2.9
2347.5

i) Central Bank of
Nigeria
2.6

ii) Overdrafts

iii) Other Banks
0.3
2347.5

OTHER
LIABILITIES
672.9
1152.4000000000001 1248.442

TOTAL
LIABILITIES
4461.8 9583.1999999999989 3431.8530000000001 11
LIABILITIES FOR
ASSETS SUBJECT
TO
REPURCHASE
ARRANGEMENTS
12190.065000000001 32
- Repo with CBN

- Repo with
Banks
7900.9660000000003 27
- Fixed Buy Back
Repo

- Repo with
Discount Houses

- Repo with
Others
4289.0990000000002 0
Source: Central
Bank of Nigeria
Note: 1A new
reporting format
was introduced in
June 1995
Table
A.3.4:
Selected
Financial
Ratios of
Discount
Houses
ITEM
Target 1993

Assets
Structure
Assets
4029614
7125921
15526
Treasury
Bills of
Less Than
91 Days
Maturity
4029614
7125921
15526
Treasury
Bonds

Liabilities
3352974
7865119
13179
Money at
Call
3350050
5517625
70793
Borrowings

2347494
61000
Other
Amounts
Owing

Structure
of Assets
Ratio1 (%)

120.2
90.6
117.8
Total
Borrowings
& Amount
Owing

2347494
61000
Borrowings

2347494
61000
Amount
Owing

Capital &
Reserves
436003
565672
86547
Capital
385000
437500
66745
Reserves
51003
128172
19802
Gearing
Ratio: x:1
x=50 7.0000000000000001E-3 4.1500000000000004 0.704
Source:
Central
Bank of
Nigeria
Note:
1Target for
Structure
of Assets
Ratio was
set and
retained at
70%
between
1993 and
2002. It
was
changed to
60% in
2003.
Table A.3.5:
Summary of
Assets &
Liabilities of
Community/
Microfinance
Banks (N'
Million)
ITEM

ASSETS :
Cash in hand
66.7
190.7
233.1
Balance with
other banks
245.9
781.2
879.8
Money at call
197.7
695.7
773.2
Bills Discounted
23.3
23.4
24.7
Loans &
Advances:
135.80000000000001 654.5
1220.5999
(a) Agriculture &
forestry
29.5
123.2
155.4
(b) Mining &
Quarrying
3.7
5.7
32.200000
(c)
Manufacturing &
Food Processing
19.899999999999999 129.6

(d) Real Estate &
Construction
14.6
47.5
34.9
(e) Transport/
Commerce
45.6

513.79999
(f) Others
22.5
68.5
283.3
Investments
118.4
326.60000000000002 491.4
Equipment on
Lease
-
-

Fixed Assets
124.9
406.4
753.7
Other Assets
54.5
120.1
310.7
TOTAL ASSETS
967.2
3198.6
4693.2
LIABILITIES:
Deposits
639.6
2188.2000000000003 3216.7
(a) Demand
207.9
588.5
836.3
(b) Savings
304.2
1107.9000000000001 1865.7
(c) Time
127.5
491.8
514.70000
Money at Call
Takings

-
5.0999999
Balances held for
Banks
39.5
63.9
33.6
Matching Loans
36.9
74.599999999999994 71.099999
Other Loans1

-
108.2
Shareholders
Funds

625.29999999999995 935.4
(a) Paidup
Capital
197.9
417.2

(b) Reserve
29.1
208.1
166.4
Other Liabilities
24.2
246.60000000000002 323.10000
TOTAL
LIABILITIES
967.2
3198.6
4693.2
Number of
Reporting Banks

Loans to Deposit
Ratio2
23.428066558680609 30.100794813729404 38.253363
Liquidity Ratio3
75.143572375202467 74.046445539718476 57.937580
Source: Central
Bank of Nigeria
Notes: 1Other
Loans consists of
donations/
grants/
subventions
2Loans to Deposit
ratio= (Loans
and
advances+Bills
discounted)*100/
(deposits+money
at call Takings
+balances held
for banks)
3Liquidity Ratio
= ((Cash in hand
+ Balance with
other banks +
Money at Call)/
(Deposits +
Money at call
Takings +
Balances held for
banks))*100
With effect from
December 2006,
all the existing
Community
Banks were asked
to transform to
Microfinance
Banks
4Provisional
Table A.3.6:
Summary of Assets
and Liabilities of
Finance Houses (N'
Million)
ITEM

ASSETS
1. Liquid Assets

4446.5
3655.
Cash in Hand
40.04
239.20400000000001 271.1
Balances with Banks
245.96
1469.396
1665.
Placements with
Other Finance
Companies

2737.9
1718.
2. Domestic Credit
1512.8

4787.
Investments
380.7
1298.5
1333.
Net Loans &
Advances
1132.0999999999999 4335.5
3453.
Equipment on Lease

3. Other Assets
403.1
1798.1
1636.
4. Fixed Assets

1507.2
1581.
Total Assets
2445.9
13385.800000000001 11660
LIABILITIES
1. Shareholder' Fund
576.6
2668.2
2111.
Paid - Up Capital
554.9
2668.2
2111.
Reserves
21.7

Published Current
Year Profit/Loss

2. Taking from Other
Finance Companies

1592.2
1434.
3. Long Term
Liabilities

4. Total Borrowings

6969.9
5449.
5. Other Liabilities
577.29999999999995 2155.5
2664.
Total Liabilities
2445.8999999999996 13385.8
11660
Source: Central Bank
of Nigeria
73232.399999999994
#REF!
1622880.6
1696113
#REF!


Table A.3.7:
Number of
Development &
Specialised
Banks/
Institutions
BANKS /
INSTITUTIONS
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
DEVELOPMENT
BANKS

Educational
Bank


Urban
Development
Bank


Nigerian Export
and Import
Bank
-

Bank of
Industry

Nigeria Agric.
Credit Dev.
Bank

Federal
Mortgage Bank

SPECIALISED
BANKS:

1150 1245 1630 1646 1293 1293 1292
Community
Banks
(Microfinance
Banks)

1355 1368 1015 1015 1014
Peoples Bank (
Branches )

SPECIALISED
FINANCIAL
INSTITUTIONS:

Finance Houses

Insurance
Companies
(Reporting)

Discount
Houses
-
-
-

Primary
Mortgage
Institutions
-

National
Economic
Reconstruction
Fund
(NERFUND)

National Social
Insurance Trust
Fund (NSITF)

Nigeria Deposit
Insurance
Company
(NDIC)

Securities and
Exchange
Commission
(NSE)

National
Insurance
Commission
(NAICOM)

National
Pension
Commission
(PENCOM)
Source: Central
Bank of Nigeria
Note:
Community
Banks
transformed to
Microfinance
Banks in
December 2006
Table A.4.1:
Value of
Money
Market
Instruments
Outstanding
as at EndPeriod (N'
Million)
Period
Treasury
Treasury
Eligible DeveloBills
Certificates
pment Stocks1

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-

-

-

-

-

-

-

49.8

175.4

437.3

248.2

-

2727.6
31.7

2307.6
98.9

1668.6
93.8

13476

90.5

15476

87.4

16976

-

16976
6654.7
14.6

25226
6664.1
28.3

35476
6794.6
5.9

24126
6944.6
-

25476
34214.6
-

56728.3
34214.6
-

103326.5
35241.4
-

103326.5
36584.300000000003 10

103326.5
37342.699999999997 -

103326.5
23596.3
-

103326.5
-
-

221800.5
-
-

221801.5
-
790.3

361758.4
-
952.8

465535.8
-
2406.30000000

584535.80000000005 -
3704.7

584535.80000000005 -

825054.5
-
33254.9

871577
-
32758.7

854828
-
101361.5

701399.8
-
319332.3

574929.42999999993 -
694061

471929.5
39705.9
914106.1


Q1
837320
45477.2
1471774.9
Q2
901020
67174.8
1568810
Q3
1064270
58460.3
1730069.38
Q4
1277100

1448129.89

Q1
1439591.3149999999 0

Q2
1561424.8389999999 0

Q3
1607835.017

Q4
1727914.3640000001 0

Source:
Central
Bank of
Nigeria
Note:
1From
1975 to

Certificate
of Deposits,
Bankers
Unit Fund
& Eligible
Devt Stocks
were
lumped
together
2Revised
Table A.4.2:
Treasury Bills
Issues and
Subscriptions
(N' Million)
S u b s c r i p t i o n s
Period
Issues
Central
Commercial
Bank
Banks

8.4779999999999998 24.248000000

18.494
56.845999999

175.99400000000003 59.287999999999997 52.765999999

194.006
85.706000000000003 35.816000000

125.26600000000001 53.054000000

153.40600000000001 51.356000000

403.96000000000004 221.858
54.692

592.04800000000012 456.79199999999997 37.08

900.46
432.51799999999997 387.78199999

1149.998
376.64
608.84799999

769.6
771.6

2463.9999999999995 1516.2
553.9

2464.0000000000005 1674.1
445.4

2464.0000000000009 1318.9
780.2

2463.9999999999995 694.6
1413.9

358.2
1602.2

2510.1000000000004 328.2
1699.9

3139.0000000000005 513.29999999999995 2170.3000000

1921.9
2071.6999999

7167.0000000000009 2531

1803.3
6104.4

11975.999999999998 5890.4
5438.4

26476
18283.099999999999 7522.1

45831.999999999993 28445
15805.7

55904.000000000007 28107.9
24820.9

6875.9999999999991 4372.5
2099.5

65904.000000000015 40626.6
22415.200000

88663.999999999985 70837.399999999994 16573.900000

111154.00000000001 89015.2
20878.8

130554
106569.60000000001 13887.8

91903.9
33020.5
17116.599999

133156
77729
25609.7

135969.90000000002 123163.3
4473.8

112326.50000000001 97959.6
7541.6

103326.50000000001 92292
5343.3

103326.40000000001 86938.8
9099.5

103326.5
33856.400000000001 32028.9

72930.900000000009 54319.6
11089

88930.9
61768.7
12864.7

80930.899999999994 17367.099999999999 38568.400000

86895.1

58257.2

1985453.2
1065709.3
686183

2421143.2000000002 929123.2
998915.2

3026347.1
789158

3467740.5
811945.2
1403052.4

2521730
996108.86
1257194.77

1509070
643210
771570
Source:
Central Bank
of Nigeria
Notes:
1Savings
Institutions
include
mutual
savings and
loan groups,
credit
organisations,
co-operative
societies,
insurance
companies,
post office
savings
bank, pension
and
provident
funds,
schools,
unions, etc.
2Others
include
Federal, State
and Local
governments,
Discount
Houses and
other
companies
Table
A.4.2.1:
Treasury
Bills Issues,
Subscriptions
and
Allotments 1
(N' Million)
Allotments
Period
Issues
Total
Central
Subscriptions
Bank

1304182.74
3141189.05
25069.847999
Q1
343106.56
850511.90999999992 0
Q2
360929.43
923260.26

Q3
328216.70999999996 502476.68000000005 19586.775999
Q4
271930.04000000004 864940.2
5483.0720000

916281.6
2787775.5300000003 7584.3300000
Q1
253217
594467.48
6376.7400000
Q2
241274.33999999997 977616.13000000012 1200.1399999
Q3
165217.01
432583.72000000003 0
Q4
256573.25
783108.2
7.45

1392430
2541080

Q1
275580
679000

Q2
341580
560000

Q3
322230
493680

Q4
453040
808400

2003950
4324860

Q1
315050
981890

Q2
419410
857240

Q3
598640
1310570

Q4
670850
1175160

3046260
6598530

Q1
706570
1724190

Q2
759910
1938920

Q3
709190
1373590

Q4
870590
1561830

Source:
Central Bank
of Nigeria
Notes: 1
Table
presents
revised
template and
data.
2Comprises
allotments to
Money
Market
Dealers
(MMDs),
Mandate/
Internal
Accounts
and Brokers.
Table A.4.3: Holdings
of Treasury Bills
Outstanding (N'
Million)
Total Outstanding1
Holders
Period
Central Bank
Merch
including Rediscounts Banks

2.73
-

13.32
-

9.3659999999999997 6.82

31.367999999999999 6.95

13.164
9.710

24.934000000000001 6.51

57.973999999999997 6.72

189.624
-

240.01400000000001 8.5440000000000005 -

100.208
-

555.9
100.2
28.2

646.20000000000005 179.6
24.3

36.6
34.20

86.4
40.70

18.899999999999999 -

615.90000000000009 1.2
-

615.79999999999995 3.1
7.4

26.9

27.3
7.8

0.2
45.9

-
40.6

3404.9
51.1

5463.7
171.7

13476
6018.1
374.5

15475.400000000001 4860
876.5

16976
6184.1
1027.

16976
11585

25226
14215.3
260.6

35475.999999999993 22560.3
159.1

24126
11164
84.6

25476
3403.9
346.1

56728.3
34756

103317.5
81143
1004.

103326.5
47386.5
9393.

103326.5
30184.2
28286

103326.5
41984.1
2105.

103326.5
9490.9
8947.

221800.5
141676.6
6384.

221801.5
132513.4
8165.

361758.4
79860.5
12723

465535.8
87355.5
12439

584535.80000000005 325328.5
-

584535.80000000005 134960.70000000001 -

825054.5
255664.6
-

871577
60807.4
-

854828
82679
-

701399.8
24514.93
21612

574929.42999999993 5940.84
25655

471929.5
410.2
26529

Q1
546929.4
2943.5
12678
Q2
641929.4
23416.6
6311.
Q3
753578.1
2078.3000000000002 12855
Q4
797482.48
1900.3
59339

Q1
837319.99999999988 0
20302
Q2
901020

11579
Q3
1064270
24480
38147
Q4
1277100.0000000002 24480
32730

Q1
1439590
30660
17351
Q2
1561420
19420
83750
Q3
1607840

36899
Q4
1727910
69300
20036
Source: Central Bank
of Nigeria
Notes: 1Nominal
value
2Since the Adoption
of Universal Banking
Practice in 2001,
Merchant Banks and
Commercial Banks
figures are aggregated
under Commercial
Banks
3Includes statutory
boards, corporations,
savings-type
institutions, local
governments,
companies,individuals
and public accounts
with CBN from 1989
4The figures from
2007 are that of
Discount Houses
Table A.4.4:
Holdings of
Treasury
Certificates
Outstanding
(N'Million)
Total Outstanding1
Holders
Period
Central
Commercial
Bank
Banks

-
19.391999999

-
138.87

2.27
223.434

-
188.958

285.8
0.5

285.70000000000005 19.3
231.5

0.6
261.7

227.6
2.7
214.1

651.90000000000009 4.7
587.70000000

899.80000000000007 79.599999999999994 808.6

1799.9999999999998 1177
440.6

1072.8

2727.6
1590.9
834.3

2301.6
1112.5999999999999 850.4

1665.6
900.3
625.79999999

4914.3999999999996 3560.7
798.7

6413.0999999999995 4304.2
1429.5

8354.0999999999985 3724.4

6654.7
4518.3
1360.8

6654.0999999999995 3431.6
2322.1999999

6794.6
3670.4
2035.7


34214.600000000006 32813.300000000003 559.29999999

34214.6
22896.6
324.60000000

36584.299999999996 35307.699999999997 673.7

37342.699999999997 22365.9
614.29999999


Source:
Central Bank
of Nigeria
Note:
1Nominal
Value
2Includes
Statutory
Boards/
Corporations,
Savings -
type
Institutions,
Local
Government,
Companies
and
Individuals
3Includes
new issues of
TC of N27.3
billion
4Total
outstanding
Treasury
Certificates
were
converted
into treasury
bonds with
effect from
16th March,

Table.4.5:
Holdings of
Development
Stocks (N'
Million)
Period
Central
Commercial
Merchant
Bank1
Banks
Bank2

-
1.5459999999999998

2.5
0.6

13.7
0.5

0.6

21.2
2.4

30.5
2.4

40.9
1.7

38.5
1.9

37.1
3.6

145.80000000000001 9.4
-

121.6

-

69.5
5.8

0.1
10.6

309.8
74.400000000000006

451.9
142.1
-

216.3
243.4
6.6

826.6
143.5
0.5

1410.8
272.39999999999998 0.5

1381.3
524.79999999999995 1.5

1529.1
361.9
1.5

1658.6
328.8
1.9

1768.6
301.60000000000002 3.3

1536.6
272.10000000000002 1.1000000000

1613.4
395.7

1618.3
545.70000000000005 11.7

1550.3
537.20000000000005 5.0999999999

1450.5
404.9
13.6

1484.9
39.5
6.1

1497.8
156.80000000000001 6.7

807.9
33.5
6.4

121.6
29.5
3.6

1506.2

-

1207.5
-
-

918.1
14.7
-

471.1

1193.3

494.4

157.80000000

671.6

251.3

251.3

6903.4
2692.7249999999999 0

32504.9
-

32758.7
-

158.57

102.50700000000001 0

143.88900000000001 0

129.19999999999999 0

24.645

2011 3

Source:
Central Bank
of Nigeria
Notes:
1Exclude 20
billion naira
Treasury
Bonds issued
in March,

2Merchant
Banks ceased
after the
adoption of
universal
banking
practice in
2001.
3The
development
stocks
outstanding
as at
end-2010
were fully
redeemed at
end-March
2011.
Foreign
holdings of
Development
Stocks are
negligible
Table A.4.6:
Transactions
at the
Nigerian
Stock
Exchange
Number of Deals
Year
Industrial
Loan
ETF Bond Equities Total
Govt.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10081
-
10199

-
10014

11633
-
11925

17250
-
17444

23231
-
23571

27448
-
27718

20189
20525

-
21460
21560

-
33273
33444

39103
39270

41716
41770

48944
49029

40331
40398

42010
42074

49549
49564

49489
49515

78078
78089

84931
84935

123505
123509

256515
256523

426149
426163

451847
451850

621697
621717

973510
973526

4.4000000000000004 19.2
1021943 102196

1367948 136795

2614983 261502

3535493 353563

1739349 173936

1925471 192547

1235434 123546
Source:
Nigerian
Stock
Exchange
Notes:
Industrial
loans figure
for
1961-1986
includes
equities
Active
Trading
Started in
June 1961
Exchange
Trust Fund
(ETF) is an
investment
instrument
introduced
in 2011
Table
A.4.7.1:
All Share
Index on
the
Nigerian
Stock
Exchange
Year
January
February
March

111.3
112.2
113.4

134.6
139.69999999999999 140.80000000000

166.9
166.2
161.69999999999

190.8
191.4
195.5

239.7251

256.89999999999

349.3

528.70000000000005 557

810.7
839.1

1113.4000000000001 1119.9000000000001 1130.5

1666.3
1715.3
1792.8

2285.3000000000002 2379.8000000000002 2551.1

5135.1000000000004 5180.3999999999996 5266.2

7268.3
7699.3
8561.4

6435.6
6426.2
6298.5

5494.8
5376.5
5456.2

5752.9
5955.7
5966.2

8794.2000000000007 9180.5
9159.7999999999

10650
10581.9
11214.4

13298.8
13668.8
13531.1

22712.880000000001 24797.43
22896.400000000

23078.3
21953.5
20682.400000000

23679.4
23843
23336.6

36784.5
40730.699999999997 43456.1

54189.919999999998 65652.38
63016.56

21813.759999999998 23377.14
19851.89

22594.9
22985
25966.25

26830.7
26016.799999999999 24621.200000000
Source:
Nigerian
Stock
Exchange
Note:
1All
Share
Index
started in
January,

Table
A.4.7.2: Total
Annual
Market
Capitalization
on The
Nigerian
Stock
Exchange (N'
Billion)
Year
Government
Stocks/
Securities
Debt/Bonds
ETF Equities

3.1
0.0
1.9

3.0
1.0
1.0

3.5
0.0
2.2

2.9
0.2
2.4

3.5
0.4
2.7

2.7
0.4
3.7

4.2
0.0
4.0

4.5
0.4
5.1

4.2
0.6
8.0

3.4
0.8
12.1

3.3
1.4
18.4

3.2
1.8
26.2

3.6
2.1
41.8

3.2
2.1
61.0

3.2
2.1
175.1

3.0
3.0
279.8

2.8
2.8
276.3

2.7
3.1
256.8

2.4
3.1
294.5

2.1
4.1
466.1

8.3
5.8
648.4

12.7
3.5
748.7

25.2
8.4
1,325.7

178.1
7.9
1,926.5

365.5
11.1
2,523.5

888.9
3.5
4,228.6

2,976.6
17.0
10301

2529.96
45.52
6987.50999999999

1930.26
108.54988514199999

1715.2
280.39999999999998
7922.6

1509.2
1649.3
0.9 6513.2
Note:
Exchange
Trust Fund
(ETF) is an
investment
instrument
introduced in

Source:
Nigerian
Stock
Exchange
Table
A.4.7.3:
Nigerian
Stock
Exchange
Market
Capitalization
- Equities
Only (N'
Billion)
Year
January
February
March

4.8164972962893895 4.8554447137796011 4.9073746037

5.8248026602026224 6.0455046926471496 6.0931070918

7.2225821990179622 7.1922897631922424 6.9975526757

8.2568525079246697 8.2828174529181418 8.4602445770

10.374081725091676 10.862001988936539 11.117323948

14.843293554602523 15.115925477033997 15.405867362

22.879444030082666 24.104123935608179 26.008219901

34.360277208030325 35.082968177015353 36.311975573

48.182282926222882 48.463569830318853 48.922283858

72.108979737708992 74.229450245509341 77.583255640

98.896147989309469 102.98562682578159 110.39861862

222.22098172664553 224.18133507365278 227.89432220

314.53501616010936 333.18650164708805 370.49380011

278.5
278.2
272.60000000

247.6
242.7
246.3

321.3
332.6
333.2

506.1
542.79999999999995 541.5

629.9
625.9
663.3

841.2
864.6
846.9

1534.8574121951101 1740.2

1863.6901898864801 1783.1636898278

2566.4
2574.1
2510.8000000

4976.2997116833794 5510.1517687488795 6150.0491393

10692.738058529301 12503.2
12125.895279

4879.1000000000004 5231.8999999999996 4483.5

5441.5876318420305 5535.7471679987502 6280.5987499

8744.2000000000007 8315.6
7866.7
Source:
Nigerian
Stock
Exchange
Table
A.5.1:
Savings
Statistics -
Cumulative
(N' Million)
Period
Savings and Time
Deposit with Comm.
Bank
National Provident
Fund
Federal Savings

36.881999999999998 -
6.796000000000

42.375999999999998 -
6.546000000000

83.3
-

94.3
8.9060000000000006 5.9

108.4
17.8
5.9

27.3
5.5

162.5
37.1
5.3

131.19999999999999 43.5
4.8

183.5
50.9
4.900000000000

215.4
58.6
5.099999999999

336.7
67.400000000000006 4.900000000000

371.8
76.599999999999994 4.5

456.9
89.2
4.3

582.29999999999995 109.7
4.5

973.2
129.80000000000001 4.7

1572.4
159.9
8.1

1979.2
193.9
6.9

2255.1
230.4

2601.6999999999998 269.89999999999998 8.1

3702.1
306.7
7.7

5163.2
338.9
7.3

5796.1
375.3
7.1

6338.2
411.5

8082.9
472.3

9391.2999999999993 504.1

10550.9
540.5
8.1

11487.7
577.4
8.1

15088.7

16.89999999999

18397.2

22.4

17813.3
699.1
37.5

23137.1
723.5
-

30359.7

-

43438.8
719.8
-

60895.9
766.8
-

76127.8
757.9
-

93327.8
731.4
-

115352.3
-
-

154055.70000000001 -
-

161931.9
1365.3
-

241604.7
1365.3
-

343174.1
1365.3
-

451963.1
1365.3
-

556011.69999999995 1365.3

655739.69999999995 -
-

797517.2
-
-

1316957.3999999999 -
-

1739636.9
-
-

2693554.3
-
-

4118172.8
-
-

5763511.2000000002 -
-

5954260.5
-
-

6531913.0086532207 -
-
Source:
Central
Bank of
Nigeria
Note:
1Consists
Peoples
Bank and
Community
Banks
Table A.6.1:
Income and
Expenditure
of Non-Life
Insurance
Companies
in Nigeria (N'
Thousand)
I n c o m e
Wholly
Joint
Foreign1 All
Year
Nigerian
Com

10071

12620

18287
17606

33863
31242

53031
44387

109473
55175

99797
67113

89517
66853

114581
73658

151187
89479

159560
99950

171959
56674

140593
97002

118622
86464

148792
114900

259669
160289

300351
206324

507450
194314

657155
391288

842364
491873

1501231
1016670

5087311
813946

13649482
1022193

13520921
1066728

11202468
1948095

13405788
3113230

14756790
3089681

1999 2
8996087.5283242259 1883542.4716757727 0

11615534.671297198 2431985.3287028004 0

15248142.747829529 3192557.252170471

18131387.630630165 3796232.3693698323 0

30435320.046148058 6372349.953851941

34258357.296997257 7172792.7030027388 0

41631695.546604142 8716574.4533958565 0

42880646.399999999 8978071.6869977321

43952662.559999995 9202523.4791726749 0

44831715.811199993 9386573.9487561285 0

2009 3
45638686.695801593 9555532.2798337396 0

2010 4
46642737.803109229 9765753.9899900816 0

Sources:
Central Bank
of Nigeria
Annual
Survey and
National
Insurance
Commission
(NAICOM)
Annual
Reports
Notes: CBN
had not
conducted
Insurance
Annual
Survey since

1Wholly
Foreign
owned
insurance
companies
ceased to
exist in
Nigeria since
the
promulgation
of the
Nigerian
Enterprises
Promotion
Decree of

2From 1999,
the
breakdown
of income
and
expendicture
were
extracted
from
NAICOM
Annual
Report
3Revised
4Provisional
Table A.6.2:
Sources of
Income of
Non-Life
Insurance
Companies
in Nigeria -
All
Companies1
(N'
Thousand)
All
Companies
Motor
Em
Premiums
Fire
Accident
Vehicle
Lia
Year
(A)

10838

15870

24666

15073

27844

16939

36518

21489

67879

43632

101113

68757

154872
12533

91853


67465560
12252550 11050140
16322630 758

81583750
11970620 15239750
20734980 912

89104890
11458440 16566740.000000002 25771390 992


Sources:
Central Bank
of Nigeria
Annual
Survey and
National
Insurance
Commission
(NAICOM)
Annual
Reports
Notes: CBN
had not
conducted
Insurance
Annual
Survey since

All
Companies
comprises
Nigerian,
Foreign and
Jointly
owned
companies
1Wholly
Foreign
owned
insurance
companies
ceased to
exist in
Nigeria since
the
promulgation
of the
Nigerian
Enterprises
Promotion
Decree of

2From 1999,
the
breakdown
of income
were
extracted
from
NAICOM
Annual
Report.
3Revised
4Provisional
Table A.6.3:
Breakdown
of Total
Expenditure
of Non-Life
Insurance
Business -
All
Companies1
(N'
Thousand)
Claims
Fire
Accident
Year
(A)

11991

13329

18800

27625

45993

55517

59141

59363

74208

79173

78580

77704

63975
-14.0

86390

109430
16421

151143
16527
11242

278928
46954
28823

306512
61513
30795

386872
80415
42783

613887
114795
66768

2684105
1161034
448731

1315294
267396
193828

1508882
194532
207139

1654069
342701
276877

1677282
349106
376620


5629520
1107650
806330

6110520
1164660
957820

6856145
1857870
109284.999999

9415200
1681740
2266790

12084040
2724430
2852920

12402400
2766710
3138160

76276110
6662980
15239750

15843976
1793390
3829306


Sources:
Central Bank
of Nigeria
Annual
Survey and
National
Insurance
Commission
(NAICOM)
Annual
Reports
Notes: CBN
had not
conducted
Insurance
Annual
Survey since

11970 -
1998 data
were
sourced
from Central
Bank of
Nigeria
Annual
Survey
2From 1999,
the
breakdown
of
expendicture
were
extracted
from
NAICOM
Annual
Reports
3Revised
4Provisional
Table A.6.4:
Breakdown
of Total
Assets of
Insurance
Companies
(N' Million)
Year
General Business
Life
Total

21332.84
7602.09
28934.93

29312.5
8615.68
37928.18

30847.77
10603.45
41451.22

34616.78
15514.87
50131.65

41495.519999999997 20104.48
61600

51674.03
26386.45
78060.4799999

51933.72
33322.01
85255.7300000

74386.41
49880.959999999999 124267.37

77730.14
63491.89
141222.03

130402.53
72710.59
203113.12

219086.67
88455.94
307542.61

302262.83
125234.33
427497.160000


Source:
NAICOM
Reports
Note:
1Revised
2Provisional
Table A.6.5:
Total
Insurance
Business
Investments
(N' Million)
Year
Government
Securities
Stocks & Bonds
Real Estate &
Mortgage

1546.16
4047.81
2523.19999999

2012.01
4095.38
2683.5

4145.88
3633.17
211.95

2987.21
4174.04
332.65

3558.95
4992.87
282.339999999

3842.71
6886.26
359.33

3752.08
8350.85
960.31

3558.95
4992.87
282.339999999

351.84

4178.0600000000004 61800.82
33788.15

4858.1000000000004 121813.13
45186.77

20914.810000000001 222278.92
45331.91


Source:
NAICOM
Reports
Note:
1Revised
2Provisional
Table A.7.1:
Selected
Financial
Deepening
Indicators
Year
Money Supply2 (M2)
(N' Million)
Credit to Private
Sector2 (N' Million)
GDP at Current
Prices (N' Millio

267.59999999999997 109.33

287.39999999999998 117.126
2361.19999999

302.74166666666673 148.78200000000001 2597.6

315.75000000000006 174.88333333333333 2755.8

363.68333333333339 212.63333333333333 2894.4

410.66666666666657 249.98333333333335 3110

456.1583333333333
267.46666666666664 3374.8

453.51666666666671 276.43333333333334 2752.6

420.47499999999997 260.88333333333338 2656.2

548.40833333333342 255.25
3549.3

789.55833333333339 358.45
5281.1

971.92500000000007 540.34999999999991 6650.9

1055.8166666666666 651.73333333333335 7187.5

1265.9916666666668 749.85
8630.5

1753.7166666666669 899.11666666666679 18823.0999999

3031.3333333333335 1339.2166666666667 21475.24

4510.55
2064.4249999999997 26655.78

2872.3166666666671 31520.34

7392.7583333333341 4059.8583333333331 34540.1

9185.7999999999975 4902.1000000000004 41974.7

11856.6
6234.2249999999995 49632.32

14471.166666666666 8570.0500000000011 47619.66

15786.741666666669 10668.341666666667 49069.2799999

17687.924999999999 11668.041666666666 53107.38

20105.941666666666 12462.933333333334 59622.53

22299.241666666665 13070.341666666667 67908.55

23806.399999999998 15247.450000000003 69146.9900000

27573.583333333332 21082.991666666665 105222.84

38356.799999999996 27326.416666666668 139085.299999

45902.883333333331 30403.216666666671 216797.54

52857.024999999994 33547.700000000004 267549.99

75401.175000000003 41352.458333333336 312139.74

111112.31431586668 58122.946707604184 532613.829999

165338.74903876081 127117.71006025917 683869.79

230292.59533829082 143424.20840868165 899863.22

289091.06826094998 180004.75994529083 1933211.55

345853.96302209416 238596.56383301585 2702719.13

413280.12874556083 316207.08122229832 2801972.58

488145.78616809909 351956.19148720079 2708430.86

628952.16046613676 431168.35551063489 3194014.97

878457.27378138236 530373.30355560745 4582127.29

1269321.6122086474 764961.51875191682 4725086

1505963.5
930493.92499999993 6912381.25000

1952921.1944166666 1096535.5649999999 8487031.57000

2131818.9816774447 1421664.0323878631 11411066.91

2637912.7306666668 1838389.9259166664 14572239.1200


Sources:
Central
Bank of
Nigeria and
National
Bureau of
Statistics
Notes:
1Revised
2Figures are
annual
averages
3Provisional