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5 Year Financial Statements

The five year financial statements is an extract from the audited accounts of the Central Bank of Nigeria for a given period comprising the balance sheet and the income and expenditure account for the period. The data presented takes cognizance of adjustments to the account balances when applicable, arising from changes in accounting policy, and the format of presentation.

NB: The financial statement for the period up to 1971 were presented in thousands ('000) denominated in Nigeria Pounds (£N) being the National Currency prior to introduction of the Nigeria Naira in 1972.

View Post 1971 5 Year Balance Sheet

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Facts : 1/1/1900
BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria.
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