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Balance of Payment Statistics (Million Naira) except otherwise indicated
  2007
Quarter
First
Second
Current Account Balance 876,062.84 1,241,448.55
Capital and Financial Account Balance -762,668.90 -1,231,150.39
Net Errors and Ommissions -3,576.51 -3,795.77
Overall Balance 109,817.96 6,502.15
Foreign Reserves (Million US$) 42,596.98 42,626.20
       
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Facts : 7/1/1959
POLICY MAKING ORGAN:The Board of Directors is responsibe for formulating the Monetary/Credit and Exchange rate policy proposals for the approval of the Federal Executive Council and for implementating approved policy guidelines.
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