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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 : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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