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Money And Credit Statistics (Million Naira)


  Year 2019
Month March April May
Money Supply (M3) 33,831,073.76 34,738,786.48 34,897,619.81
-- CBN Bills Held by Money Holding Sectors 6,996,258.64 7,159,341.33 7,072,469.66
Money Supply (M2) 26,834,815.12 27,579,445.15 27,825,150.15
-- Quasi Money 15,890,938.70 16,323,242.88 16,440,095.52
-- Narrow Money (M1) 10,943,876.42 11,256,202.28 11,385,054.63
---- Currency Outside Banks 1,780,611.44 1,717,133.53 1,704,454.21
---- Demand Deposits 9,163,264.98 9,539,068.74 9,680,600.42
Net Foreign Assets (NFA) 16,816,802.47 17,324,334.13 19,100,003.89
Net Domestic Assets(NDA) 17,014,271.29 17,414,452.35 15,797,615.92
-- Net Domestic Credit (NDC) 31,736,895.75 32,891,837.79 32,175,501.61
---- Credit to Government (Net) 7,742,158.55 8,003,857.70 7,310,788.44
---- Memo: Credit to Govt. (Net) less FMA 8,814,966.28 9,406,400.62 9,978,183.47
---- Memo: Fed. and Mirror Accounts (FMA) -1,104,280.08 -1,436,100.54 -2,700,952.65
---- Credit to Private Sector (CPS) 23,994,737.21 24,887,980.09 24,864,713.17
--Other Assets Net -14,722,624.46 -15,477,385.44 -16,377,885.69
Reserve Money (Base Money) 7,246,275.17 7,948,251.34 8,154,878.54
--Currency in Circulation 2,153,220.11 2,158,698.81 2,111,848.42
--Banks Reserves 4,748,251.64 5,444,749.12 5,698,226.70
       
Coverage of Annual Money and Credit Statistics span 1960 – 1992.
Coverage of Monthly Money and Credit Statistics commenced in January 1993.
Coverage of Annual Money and Credit Statistics span 1960 – 1992.
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Facts : 7/1/1959
Appointments :The Governor and the Deputy Governor are appointed for five years while the other Directors are appointed for three years.All board members are eligible for reappointment.
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