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Monetary Survey

Monetary Authoritys Analytical Accounts Assets

Monetary Authoritys Analytical Accounts - Liabilities

Quarterly Monetary Aggregates (N' Million)

Monetary Policy Targets and Outcomes (Growth Rates)

Consolidated Bankers' Clearing House Statistics

Commercial Banks' Statement of Assets/Liabilities - Assets

Commercial Banks' Statement of Assets/Liabilities - Liabilities

Merchant Banks' Statement of Assets/Liabilities - Assets

Merchant Banks' Statement of Assets/Liabilities - Liabilities

Non-Interest Banks' Statement of Assets/Liabilities - Assets

Non-Interest Banks' Statement of Assets/Liabilities - Liabilities

Sectoral Distribution of Commercial Banks' Loans and Advances

Money Market Interest Rates

Weighted Average Deposit and Lending Rates of Commercial Banks

Selected Financial Ratios of Commercial Banks

Deposits and Loans of Rural Branches of Commercial Banks

Number of Commercial Banks Branches in Nigeria and Abroad

Number of Deposit Money Banks Branches in Nigeria (by States) and Abroad

Commercial Banks Loans to Small Scale Enterprises

Summary of Assets and Liabilities of Primary Mortgage Institutions


Summary of Assets/Liabilities of Discount Houses Assets

Summary of Assets/Liabilities of Discount Houses - Liabilities

Selected Financial Ratios of Discount Houses

Summary of Assets and Liabilities of Community/Microfinance Banks

Summary of Assets and Liabilities of Finance Houses

Number of Development & Specialised Banks/Institutions

Value of Money Market Instruments Outstanding as at End Period

Treasury Bills: Issues and Subscriptions

Treasury Bills: Issues, Subscriptions and Allotments

Holdings of Treasury Bills Outstanding

Holdings of Treasury Certificates Outstanding

Holdings of Development Stocks

Transactions at the Nigerian Stock Exchange

All Share Index on the Nigeria Stock Exchange

Total Annual Market Capitalization on the Nigeria Stock Exchange

Nigeria Stock Exchange Market Capitalization - Equities Only

Savings Statistics Cumulative

Income and Expenditure of Insurance Companies in Nigeria

Sources of Income of Insurance Companies in Nigeria - All Companies

Breakdown of Total Expenditure of Insurance Business - All Companies

Breakdown of Total Assets of Insurance Companies

Total Insurance Business Investments

Selected Financial Deepening Indicators


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Table A.1.1: Monetary Survey (N' Billion)

MONETARY ASSETS/LIABILITIES 1981 1982 1983 1984 1985 1986

FOREIGN ASSETS (NET) 2.6 0.9 0.5 1.1 1.4 5.4


By Central Bank 2.4 0.8 0.4 0.7 1.1 2.8
By Commercial Banks 0.1 0.0 0.1 0.3 0.2 1.4
By Merchant Banks2 0.0 0.1 0.1 0.1 0.1 1.1

DOMESTIC CREDIT (NET) 16.2 22.3 28.7 32.0 34.5 37.9


Claims on Federal Govt (Net): 6.5 10.7 16.5 19.1 20.3 19.6
By Central Bank 4.7 7.7 10.9 9.5 8.9 15.0
By Commercial Banks 1.8 2.8 5.1 8.7 10.3 4.4
By Merchant Banks2 0.1 0.2 0.4 0.9 1.1 0.1

Claims on Private Sector: 9.7 11.6 12.2 12.9 14.1 18.3


By Central Bank 0.3 0.3 0.3 0.3 0.4 0.4
By Commercial Banks 8.8 10.5 10.8 11.3 12.3 15.6
By Merchant Banks2 0.6 0.9 1.1 1.2 1.5 2.3

Claims on State and Local Govts: - - - - - -


By Central Bank - - - - - -
By Commercial Banks - - - - - -
By Merchant Banks2 - - - - - -

Claims on Non-Financial Public Enterprises: - - - - - -


By Central Bank - - - - - -
By Commercial Banks - - - - - -
By Merchant Banks 2
- - - - - -

Claims on Other Private Sector: 9.7 11.6 12.2 12.9 14.1 18.3
By Central Bank 0.3 0.3 0.3 0.3 0.4 0.4
By Commercial Banks 8.8 10.5 10.8 11.3 12.3 15.6
By Merchant Banks2 0.6 0.9 1.1 1.2 1.5 2.3

OTHER ASSETS (NET) (2.6) (5.1) (8.3) (9.8) (9.6) (15.8)

TOTAL MONETARY ASSETS 16.2 18.1 20.9 23.4 26.3 27.4

MONEY SUPPLY (M1) 9.9 10.3 11.5 12.5 13.9 13.6


Currency Outside Banks: 3.9 4.2 4.8 4.9 4.9 5.2
Currency in Circulation 4.3 4.7 5.3 5.3 5.4 5.7
Vault cash: currency held by commercial banks (0.5) (0.5) (0.5) (0.5) (0.5) (0.5)
Vault cash: currency held by merchant banks - - - - - -

Demand Deposits1 6.1 6.1 6.7 7.6 9.0 8.4


Private Sector Deposits at CBN 1.2 0.9 0.8 1.3 1.9 1.7
Private Sector Deposits at Commercial Banks 4.9 5.2 5.9 6.3 7.0 6.6

QUASI MONEY1 6.2 7.8 9.4 10.9 12.4 13.8


Time, Savings & Foreign Currency Deposits of: 6.1 7.5 8.9 10.4 11.9 13.2
Commercial Banks 5.8 6.8 8.1 9.4 10.6 11.5

Merchant Banks 0.3 0.7 0.8 1.0 1.3 1.7


Other Private Sector Deposits at Merchant Banks 0.1 0.3 0.5 0.5 0.5 0.6

TOTAL MONETARY LIABILITIES (M2) 16.2 18.1 20.9 23.4 26.3 27.4
Source : Central Bank of Nigeria
Note: 1excludes takings from discount houses
Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
2

Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.
1987 1988 1989 1990

3.7 9.5 22.5 43.9


0.4 2.5 12.7 34.2
2.1 4.5 6.6 6.3
1.2 2.5 3.2 3.4

44.1 54.8 37.0 58.2


22.2 29.3 7.4 22.8
14.4 21.9 3.7 13.7
7.6 7.3 3.6 8.7
0.3 0.2 0.1 0.4

21.9 25.5 29.6 35.4


0.5 0.6 0.6 0.7
17.7 19.7 22.3 26.6
3.7 5.1 6.7 8.2

- - - -
- - - -
- - - -
- - - -

- - - -
- - - -
- - - -
- - - -

21.9 25.5 29.6 35.4


0.5 0.6 0.6 0.7
17.7 19.7 22.3 26.6
3.7 5.1 6.7 8.2

(14.2) (18.9) (12.5) (33.5)

33.7 45.4 47.1 68.7

15.2 22.2 26.3 39.2


6.3 9.4 9.8 15.0
6.9 10.2 10.7 16.2
(0.6) (0.8) (1.0) (1.3)
- - - -

8.9 12.8 16.5 24.2


0.9 2.2 6.3 8.6
8.0 10.7 10.2 15.6

18.5 23.2 20.8 29.5


17.9 22.4 19.5 27.1
15.1 18.4 17.0 23.2

2.8 4.0 2.5 4.0


0.6 0.8 1.3 2.4

33.7 45.4 47.1 68.7


2013.
Table A.1.1: Monetary Survey (N' Billion)- Continued

MONETARY ASSETS/LIABILITIES 1991 1992 1993 1994 1995 1996

FOREIGN ASSETS (NET) 56.0 35.8 63.6 56.2 108.7 238.0


By Central Bank 41.5 10.2 31.3 33.6 35.3 177.8
By Commercial Banks 9.5 18.1 24.3 17.3 56.6 47.3
By Merchant Banks2 5.0 7.4 8.0 5.3 16.8 12.9

DOMESTIC CREDIT (NET) 81.7 171.1 280.7 439.1 474.4 371.1


Claims on Federal Govt (Net): 39.6 91.1 185.2 288.1 263.0 110.5
By Central Bank 32.1 85.6 147.9 242.1 243.9 60.1
By Commercial Banks 6.8 4.9 27.9 37.6 17.4 41.5
By Merchant Banks2 0.7 0.7 9.3 8.4 1.8 8.8

Claims on Private Sector: 42.1 80.0 95.5 151.0 211.4 260.6


By Central Bank 0.7 4.5 6.7 7.5 7.3 5.8
By Commercial Banks 30.5 53.5 63.6 111.9 164.1 201.7
By Merchant Banks2 10.8 21.9 25.3 31.6 40.0 53.1

Claims on State and Local Govts: - 1.5 1.5 2.2 2.9 3.5
By Central Bank - 0.1 0.0 0.1 0.0 0.0
By Commercial Banks - 1.3 1.5 1.9 2.7 3.3
By Merchant Banks2 - 0.2 0.0 0.2 0.3 0.2

Claims on Non-Financial Public Enterprises: - 2.3 2.7 3.7 3.5 1.5


By Central Bank - 2.3 2.7 3.7 3.5 1.5
By Commercial Banks - - - - - -
By Merchant Banks 2
- - - - - -

Claims on Other Private Sector: 42.1 76.1 91.2 145.1 204.9 255.6
By Central Bank 0.7 2.1 4.0 3.7 3.8 4.2
By Commercial Banks 30.5 52.3 62.1 110.0 161.4 198.4
By Merchant Banks2 10.8 21.8 25.2 31.4 39.8 52.9

OTHER ASSETS (NET) (50.3) (77.8) (145.7) (228.4) (264.3) (238.7)

TOTAL MONETARY ASSETS 87.5 129.1 198.5 266.9 318.8 370.3

MONEY SUPPLY (M1) 50.1 76.0 118.8 169.4 201.4 227.5


Currency Outside Banks: 23.1 36.8 57.8 90.6 106.8 116.1
Currency in Circulation 25.3 39.7 62.6 96.2 113.9 126.0
Vault cash: currency held by commercial banks (2.2) (2.9) (4.7) (5.5) (7.1) (9.9)
Vault cash: currency held by merchant banks - (0.0) (0.0) (0.0) (0.0) (0.0)

Demand Deposits1 27.0 39.2 60.9 78.8 94.6 111.3


Private Sector Deposits at CBN 4.9 6.0 11.0 13.4 15.1 15.4
Private Sector Deposits at Commercial Banks 22.0 33.3 49.9 65.3 79.5 95.9

QUASI MONEY1 37.4 53.1 79.7 97.6 117.3 142.9


Time, Savings & Foreign Currency Deposits of: 35.4 49.8 74.1 88.5 111.3 134.8
Commercial Banks 30.4 41.8 60.5 77.2 99.5 118.5

Merchant Banks 5.0 8.0 13.5 11.3 11.8 16.3


Other Private Sector Deposits at Merchant Banks 2.0 3.3 5.7 9.0 6.1 8.1

TOTAL MONETARY LIABILITIES (M2) 87.5 129.1 198.5 266.9 318.8 370.3
Source : Central Bank of Nigeria
Note: 1excludes takings from discount houses
Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
2

Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.
1997 1998 1999 2000

234.0 247.0 666.3 1,275.0


167.4 157.4 510.0 1,067.1
52.5 73.1 130.0 179.7
14.1 16.6 26.3 28.2

365.9 512.5 632.0 472.0


46.4 139.9 176.8 (124.0)
11.3 94.6 15.3 (343.0)
29.3 36.5 148.2 204.3
5.7 8.9 13.3 14.7

319.5 372.6 455.2 596.0


8.2 6.0 6.2 8.0
255.3 300.2 392.6 527.9 F g
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.

56.1 66.4 56.5 60.1

1.5 0.9 2.1 7.6


0.0 0.0 0.0 0.0
1.4 0.8 2.1 7.5
0.1 0.1 0.0 0.1

1.5 0.9 0.7 1.0


1.5 0.9 0.7 1.0
- - - -
- - - -

316.6 370.7 452.4 587.5


6.7 5.1 5.5 7.0
253.9 299.3 390.5 520.4
56.0 66.3 56.5 60.0

(170.2) (233.9) (598.5) (710.9)

429.7 525.6 699.7 1,036.1

268.6 318.6 393.1 637.7


130.7 156.7 186.5 274.0
144.8 172.4 208.6 310.5
(14.1) (15.5) (21.9) (35.0)
(0.1) (0.1) (0.2) (1.5)

138.0 161.9 206.6 363.7


12.5 19.6 4.5 18.7
125.4 142.3 202.2 345.0

161.1 207.1 306.7 398.3


154.6 198.3 298.9 386.4
135.8 172.1 274.2 357.1

18.8 26.3 24.7 29.3


6.5 8.7 7.7 12.0

429.7 525.6 699.7 1,036.1


Table A.1.1: Monetary Survey (N' Billion)- Continued

MONETARY ASSETS/LIABILITIES 2001 2002 2003 2004 2005

FOREIGN ASSETS (NET) 1,347.6 1,282.2 1,388.2 2,644.7 4,098.5


By Central Bank 1,059.7 903.0 971.7 2,182.3 3,658.5
By Commercial Banks 287.8 379.3 416.6 462.4 440.0
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -

DOMESTIC CREDIT (NET) 849.0 1,329.4 1,803.9 2,020.2 2,313.4


Claims on Federal Govt (Net): (6.0) 373.6 591.9 485.7 306.0
By Central Bank (185.9) (41.2) 293.5 (6.1) (205.7)
By Commercial Banks 179.9 414.9 298.4 491.8 511.8
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -
Memo: Claims on Federal Government (net) less FMA - - - - -
Memo: Claims on Federal Government (net) less FMA - - - - -
MA:Claims on Federal Government - - - - -

Claims on Private Sector: 855.0 955.8 1,212.0 1,534.4 2,007.4


By Central Bank 10.5 7.3 F g
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8.8
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15.2 16.2
By Commercial Banks 844.5 948.5 1,203.2 1,519.2 1,991.1
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -
Claims on State and Local Govts: 26.8 17.3 20.2 24.6 54.5
By Central Bank - - - - -
By Commercial Banks 26.8 17.3 20.2 24.6 54.5
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -
Claims on Non-Financial Public Enterprises: 1.1 0.2 0.2 1.9 2.4
By Central Bank 1.1 0.2 0.2 1.9 2.4
By Commercial Banks - - - - -
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -
Claims on Other Private Sector: 827.1 938.3 1,191.5 1,507.9 1,950.4
By Central Bank 9.4 7.1 8.6 13.3 13.8
By Commercial Banks 817.7 931.1 1,183.0 1,494.6 1,936.6
By Merchant Banks2 - - - - -
By Non Interest Banks2 - - - - -

OTHER ASSETS (NET) (880.7) (1,012.1) (1,207.0) (2,401.3) (3,597.0)

TOTAL MONETARY ASSETS 1,315.9 1,599.5 1,985.2 2,263.6 2,814.8

MONEY SUPPLY (M1) 816.7 946.3 1,225.6 1,330.7 1,725.4


Currency Outside Banks: 338.7 386.9 412.2 458.6 563.2
Currency in Circulation 403.5 463.2 502.3 545.8 642.4
Vault cash: currency held by commercial banks (64.8) (76.2) (90.1) (87.2) (79.2)
Vault cash: currency held by merchant banks - - - - -
Vault cash: currency held by Non Interest banks - - - - -
Demand Deposits1 478.0 559.3 813.4 872.1 1,162.2
Private Sector Deposits at CBN 30.0 55.4 235.7 143.5 215.5
Private Sector Deposits at Commercial Banks 448.0 503.9 577.7 728.6 946.6
Private Sector Deposits at Merchant Banks - - - - -
Private Sector Deposits at Non Interest Banks - - - - -
QUASI MONEY1 499.2 653.2 759.6 932.9 1,089.5
Time, Savings & Foreign Currency Deposits of: 499.2 653.2 759.6 932.9 1,089.5
Commercial Banks 499.2 653.2 759.6 932.9 1,089.5
Of which Foreign Currency Deposit 47.2 109.0 122.6 172.5 188.5
Merchant Banks - - - - -
Of which Foreign Currency Deposit - - - - -
Other Private Sector Deposits at Non Interest Banks - - - - -
Of which Foreign Currency Deposit - - - - -
- - - - -
TOTAL MONETARY LIABILITIES (M2) 1,315.9 1,599.5 1,985.2 2,263.6 2,814.8

Source : Central Bank of Nigeria


F g .
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. M
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Note: 1excludes takings from discount houses


Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
2

Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.
Provisional
4
2006 2007 2008 2009 2010 2011 2012

6,307.9 7,266.5 8,550.4 7,593.3 6,506.6 7,138.7 9,043.7


5,603.4 6,570.3 7,270.8 6,522.2 5,372.3 5,823.8 7,393.6
704.5 696.2 1,279.6 1,071.1 1,134.3 1,314.9 1,647.9
- - - - - - -
- - - - - - 2.2

714.2 2,688.2 4,951.9 7,862.6 8,498.6 13,152.9 12,698.2


(1,936.6) (2,368.5) (3,107.7) (2,356.7) (1,331.7) (1,030.7) (2,453.6)
(2,796.0) (4,074.4) (4,532.1) (3,731.6) (2,884.0) (3,514.4) (3,574.4)
859.4 1,705.9 1,424.4 1,374.9 1,552.3 2,483.7 1,120.5
- - - - - - -
- - - - - - 0.3
- - - 770.0 1,412.7 2,205.4 483.0
- - - (3,126.7) (2,744.4) (3,236.1) (2,936.6)
- - - (604.9) (139.6) (278.3) (637.8)

2,650.8 5,056.7 8,059.5 10,219.3 9,830.3 14,183.6 15,151.8


41.5 236.0 260.1 551.5 632.2 4,569.1 4,708.3
2,609.3 4,820.7 7,799.4 9,667.9 9,198.2 9,614.4 10,441.0
- - - - - - -
- - - - - - 2.5
80.7 87.8 149.8 310.3 369.8 513.2 665.9
- - - - - - -
80.7 87.8 149.8 310.3 369.8 513.2 665.9
- - - - - - -
- - - - - - -
13.2 - - 13.2 - - -
13.2 - - 13.2 - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,556.9 4,969.0 7,909.8 9,895.8 9,460.5 13,670.4 14,485.9
28.3 236.0 260.1 538.2 632.2 4,569.1 4,708.3
2,528.6 4,732.9 7,649.6 9,357.6 8,828.4 9,101.2 9,775.1
- - - - - - -
- - - - - - 2.5

(2,994.2) (4,144.9) (4,335.5) (4,675.3) (3,479.7) (6,988.0) (6,258.0)

4,027.9 5,809.8 9,166.8 10,780.6 11,525.5 13,303.5 15,483.8

2,280.6 3,116.3 4,857.3 5,017.1 5,571.3 6,771.6 7,420.9


650.9 737.9 892.7 927.2 1,082.3 1,245.1 1,301.2
779.3 960.8 1,155.3 1,181.5 1,378.1 1,566.0 1,631.7
(128.3) (222.9) (262.7) (254.3) (295.8) (320.9) (330.2)
- - - - - - -
- - - - - - (0.4)
1,629.7 2,378.4 3,964.6 4,089.9 4,489.0 5,526.4 6,119.8
131.8 70.5 314.0 703.4 658.7 605.6 1,046.8
1,497.9 2,307.9 3,650.6 3,386.5 3,830.3 4,920.9 5,070.0
- - - - - - -
- - - - - - 3.0
1,747.3 2,693.6 4,309.5 5,763.5 5,954.3 6,531.9 8,062.9
1,747.3 2,693.6 4,309.5 5,763.5 5,954.3 6,531.9 8,062.1
1,747.3 2,693.6 4,309.5 5,763.5 5,954.3 6,531.9 8,062.1
302.4 474.4 924.1 1,444.3 1,506.3 1,965.5 2,727.0
- - - - - - -
- - - - - - -
- - - - - - 0.8
- - - - - - -
- - -
4,027.9 5,809.8 9,166.8 10,780.6 11,525.5 13,303.5 15,483.8

rged in 2013.
Table A.1.1: Monetary Survey (N' Billion)- Continued
2014 3
MONETARY ASSETS/LIABILITIES 2013
March June September December
FOREIGN ASSETS (NET) 8,658.6 6,609.1 7,673.1 7,578.8 6,954.2
By Central Bank 7,043.9 5,094.9 6,344.0 6,436.3 6,244.7
By Commercial Banks 1,611.7 1,505.2 1,317.9 1,147.2 712.6
By Merchant Banks 2
1.1 6.4 8.4 (8.9) (6.4)
By Non Interest Banks2 1.9 2.5 2.8 4.2 3.3

DOMESTIC CREDIT (NET) 14,535.2 18,100.7 16,689.5 17,968.4 19,273.8


Claims on Federal Govt (Net): (1,656.3) 1,649.4 (236.1) 276.7 1,150.1
By Central Bank (2,289.1) (1,281.8) (2,913.9) (2,579.4) (2,141.7)
By Commercial Banks 597.0 2,873.0 2,629.1 2,790.2 3,214.4
By Merchant Banks2 36.6 57.2 46.3 63.5 75.0
By Non Interest Banks 2
(0.8) 1.0 2.4 2.4 2.4
Memo: Claims on Federal Government (net) less FMA 174.4 2,533.0 2,095.2 2,449.5 3,171.5
Memo: Federation and Mirror Accounts (FMA) (1,830.7) (883.5) (2,331.3) (2,172.9) (2,021.4)
MA:Claims on Federal Government (458.4) (398.3) (582.6) (406.6) (120.3)

Claims on Private Sector: 16,191.5 16,451.3 16,925.6 17,691.7 18,123.6


By Central Bank 4,599.4 4,636.0 4,702.3 4,697.8 4,859.9
By Commercial Banks 11,543.6 11,764.5 12,168.8 12,933.8 13,179.6
By Merchant Banks 2
37.9 39.5 40.7 42.2 62.6
By Non Interest Banks2 10.5 11.3 13.7 17.9 21.5
Claims on State and Local Govts: 779.1 577.9 486.9 484.5 536.4
By Central Bank - - - - -
By Commercial Banks 776.7 577.9 486.9 484.5 536.4
By Merchant Banks2 1.4 - - - -
By Non Interest Banks 2
1.0 - - - -
Claims on Non-Financial Public Enterprises: 23.6 23.6 23.6 23.6 25.6
By Central Bank 23.6 23.6 23.6 23.6 25.6
By Commercial Banks - - - - -
By Merchant Banks2 - - - - -
By Non Interest Banks 2
- - - - -
Claims on Other Private Sector: 15,388.8 15,849.8 16,415.1 17,183.6 17,561.7
By Central Bank 4,575.8 4,612.4 4,678.7 4,674.2 4,834.3
By Commercial Banks 10,767.0 11,186.6 11,681.8 12,449.3 12,643.2
By Merchant Banks 2
36.5 39.5 40.7 42.2 62.6
By Non Interest Banks2 9.5 11.3 13.7 17.9 21.5

OTHER ASSETS (NET) (7,504.9) (6,976.9) (6,785.9) (7,347.0) (7,314.9)

TOTAL MONETARY ASSETS 15,689.0 17,732.9 17,576.6 18,200.2 18,913.0

MONEY SUPPLY (M1) 7,032.8 7,617.9 7,096.4 7,352.6 6,904.8


Currency Outside Banks: 1,446.7 1,285.8 1,211.6 1,299.5 1,437.4
Currency in Circulation 1,776.4 1,574.0 1,496.7 1,547.9 1,798.0
Vault cash: currency held by commercial banks (328.8) (287.0) (284.3) (247.7) (359.4)
Vault cash: currency held by merchant banks (0.0) (0.0) (0.0) (0.0) (0.0)
Vault cash: currency held by Non Interest banks (0.9) (1.1) (0.9) (0.7) (1.2)
Demand Deposits 1
5,586.2 6,332.1 5,884.9 6,053.1 5,467.4
Private Sector Deposits at CBN 417.1 627.9 532.4 546.1 217.0
Private Sector Deposits at Commercial Banks 5,160.8 5,667.8 5,325.5 5,471.5 5,221.3
Private Sector Deposits at Merchant Banks 0.5 13.3 3.5 8.5 1.5
Private Sector Deposits at Non Interest Banks 7.7 23.0 23.5 27.0 27.5
QUASI MONEY1 8,656.1 10,115.0 10,480.2 10,847.6 12,008.2
Time, Savings & Foreign Currency Deposits of: 8,642.7 10,113.8 10,480.2 10,847.6 12,008.2
Commercial Banks 8,606.6 10,032.7 10,430.6 10,803.8 11,936.9
Of which Foreign Currency Deposit 3,402.2 3,039.6 3,191.2 3,509.6 3,961.9
Merchant Banks 36.0 81.1 49.6 43.8 71.3
Of which Foreign Currency Deposit 0.8 3.4 2.5 4.7 5.2
Other Private Sector Deposits at Non Interest Banks 13.5 1.2 - - -
Of which Foreign Currency Deposit 0.3 - - - -
TOTAL MONETARY LIABILITIES (M2) 15,689.0 17,732.9 17,576.6 18,200.2 18,913.0

Source : Central Bank of Nigeria


Note: 1Excludes takings from discount houses
Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
2

Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.
3
Revised
4
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2015 4
March June September December
6,787.8 5,951.5 5,083.1 5,653.3
6,157.0 5,796.0 5,242.6 5,545.3
640.6 159.9 (159.6) 125.4
(11.3) (5.9) (1.3) (18.8)
1.5 1.5 1.4 1.4

20,635.8 21,409.8 21,519.8 21,612.5


1,986.8 2,512.5 2,787.6 2,893.2
(1,563.1) (769.5) (1,042.2) (1,653.1)
3,453.5 3,219.3 3,747.7 4,470.3
95.0 61.3 80.9 74.7
1.4 1.4 1.3 1.2
3,639.2 4,134.0 4,224.4 4,475.2
(1,652.4) (1,621.5) (1,436.7) (1,582.0)
89.3 852.0 394.6 (71.0)

18,649.0 18,897.3 18,732.2 18,719.3


4,918.9 5,093.1 5,275.2 5,061.6
13,631.1 13,713.0 13,362.9 13,568.5
76.2 68.5 69.1 62.8
22.7 22.7 24.9 26.3
543.2 471.4 397.0 583.8
- - - -
543.2 471.4 397.0 583.8
- - - -
- - - -
25.6 51.0 192.9 25.6
25.6 51.0 192.9 25.6
- - - -
- - - -
- - - -
18,080.2 18,374.8 18,142.3 18,109.9
4,893.3 5,042.0 5,082.3 5,036.0
13,087.9 13,241.5 12,965.9 12,984.7
76.2 68.5 69.1 62.8
22.7 22.7 24.9 26.3

(8,291.2) (8,549.8) (7,884.9) (7,235.9)

19,132.4 18,811.4 18,718.0 20,029.8

6,983.9 6,542.4 7,148.6 8,571.7


1,471.1 1,184.0 1,219.0 1,456.1
1,818.4 1,562.3 1,637.5 1,857.9
(346.0) (377.1) (416.7) (399.9)
(0.0) (0.0) (0.0) (0.0)
(1.3) (1.3) (1.8) (1.9)
5,512.8 5,358.4 5,929.6 7,115.6
135.7 228.1 544.3 1,229.7
5,369.7 5,121.4 5,379.4 5,873.5
7.4 8.8 5.9 12.4
- - - -
12,148.4 12,269.0 11,569.4 11,458.1
12,134.6 12,255.2 11,531.1 11,418.4
12,077.6 12,209.0 11,449.9 11,363.5
4,248.5 4,132.3 3,760.0 3,392.5
56.9 46.2 81.2 54.9
2.2 1.3 7.1 13.4
13.9 13.9 38.3 39.7
0.9 0.9 1.2 1.2
19,132.4 18,811.4 18,718.0 20,029.8

merged in 2013.
Return to Menu
Table A.1.2: Monetary Authorities' Analytical Accounts - Assets (N' Billion)

Item
1981 1982 1983 1984 1985 1986
FOREIGN ASSETS 2.4 1.0 0.8 1.2 1.6 3.6
Gold 0.4 0.0 0.1 0.1 0.0 0.0
IMF Gold Tranche - - - - - -
Foreign Currencies - - - - - -
Demand Deposits at Foreign Banks - - - - - -

Treasury Bills of Foreign Governments 1.9 1.0 0.7 1.1 1.6 3.6
SDR Holdings - - - - - -
Attached Assets - - - - - -
Regional Monetary Cooperation Funds - - - - - -
Other Foreign Assets 0.1 0.0 0.0 0.0 0.0 -

CLAIMS ON FEDERAL GOVERNMENT 6.1 8.2 12.3 11.1 11.6 17.8


Treasury Bills & TB Rediscounts 3.4 5.6 6.5 5.2 6.2 11.6
Treasury Bills 3.4 5.5 6.0 4.9 5.9 8.4
Treasury Bills Rediscounts 0.0 0.1 0.5 0.3 0.3 3.2
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 1.1 0.9 3.9 4.3 3.7 4.5
Other Claims on Federal Government 1.6 1.7 1.8 1.6 1.7 1.7

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 Non-fin. Publ. Ent.(Branch Position) - - - - - -

CLAIMS ON (NON-FINANCIAL) PRIVATE SECTOR - - - - - -

CLAIMS ON DEPOSIT MONEY BANKS 0.6 0.6 0.7 0.9 - -


(Overdrafts to) Commercial Banks - - - - - -
(Overdrafts to) Merchant Banks1 - - - - - -
Other Claims on DMBs 0.6 0.6 0.7 0.9 - -
Claims on Deposit Money Banks (Branch Position) - - - - - -

CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's) 0.3 0.3 0.3 0.3 0.4 0.4
Development Banks - - - - - -
Other Claims on OFI's: 0.3 0.3 0.3 0.3 0.4 0.4

Loans to OFI's1 - - - - - -
Investment in OFI's 0.3 0.3 0.3 0.3 0.4 0.4
Miscellaneous Claims on OFIs - - - - - -

UNCLASSIFIED ASSETS 0.3 0.6 0.6 0.8 2.2 4.9


Participation in International Organisations - - - - - -
IMF Currency Subscriptions: - - - - - -
IMF Local Currency Subscription (CBN Accounting Records)1 - - - - - -
IMF Non-Negotiable 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 - - - - - -
Other Miscellaneous Assets - - - - - -

Expenses - - - - - -
Head Office Expenses - - - - - -
Branch Expenses1 - - - - - -
Zonal Office Expenses - - - - - -
Unclassified Assets (Branch Position) - - - - - -

TOTAL ASSETS 9.7 10.7 14.6 14.3 15.7 26.7


Source : Central Bank of Nigeria
Notes: 1These items were reclassified from the last quarter of 2006
1987 1988 1989 1990 1991 1992 1993
4.6 3.3 13.4 35.0 44.2 43.4 32.2
0.0 0.0 0.0 0.0 0.0 0.0 0.0
- - - - - - -
- - - - - 1.0 0.4
- - - - - 34.3 26.7

4.6 3.3 13.4 34.9 44.2 4.9 2.8


- - - - - - -
- - - - - 0.2 0.2
- - - - - 0.0 -
- - - 0.0 0.0 3.0 2.1

19.3 28.2 28.5 48.9 83.1 139.8 211.4


14.2 22.8 11.2 3.4 34.8 85.5 47.3
13.3 22.4 6.8 1.7 32.4 83.7 47.1
0.9 0.5 4.4 1.7 2.4 1.8 0.2
- - - - - 19.0 117.1
- - - - - 17.4 15.6
- - - - - - -
- - - - - 1.6 1.6
- - - - - 0.1 1.2
- - - - - 0.0 0.0
- - - - - 0.1 1.2
- - - - - 1.1 1.5
- - - - - 1.1 1.5
- - - - - - -
- - - - - - -
3.4 3.8 4.5 24.0 27.5 33.1 35.3
1.6 1.5 12.8 21.5 20.8 1.1 9.0

- - - - - - -

- - - - - 0.1 0.0
- - - - - 0.1 0.0
- - - - - 0.1 0.0
- - - - - 0.0 -
- - - - - - -

- - - - - 2.3 2.7
- - - - - 2.0 2.0
- - - - - 2.0 2.0
- - - - - 0.0 0.0
- - - - - 0.3 0.8

- - - - - 0.6 0.9

- - 2.6 0.7 1.5 3.9 7.8


- - - - - 1.8 5.3
- - - - - 0.1 1.3
- - 2.6 0.7 1.5 1.9 1.2
- - - - - - -

0.5 0.6 0.6 0.7 0.7 1.5 3.1


- - - - - 0.5 0.5
0.5 0.6 - - - 1.0 25.7

- - - - - 0.1 0.1
0.5 0.6 0.6 0.7 0.7 0.9 1.1
- - - - - 0.0 1.4

8.7 29.4 42.5 48.1 53.6 78.1 98.2


- - - - - 30.8 38.3
- - - - - 30.8 38.2
- - - - - 0.6 0.6
- - - - - 30.2 37.6
- - - - - - -
- - - - - 0.0 0.0
- - - - - - -
- - - - - 0.0 0.0
- - - - - 0.0 0.0
- - - - - 0.0 0.0
- - - - - 36.5 51.0
- - - - - 1.5 1.5
- - - - - 0.2 0.3
- - - - - 0.1 -
- - - - - 0.1 0.2
- - - - - 0.0 0.1
- - - - - 0.0 0.0
- - - - - 34.8 49.2
- - - - - - -

- - - - - 5.8 3.5
- - - - - - -
- - - - - 1.2 0.7
- - - - - 1.2 0.7

- - - - - 1.0 0.8
- - - - - 0.4 0.8
- - - - - 0.6 0.0
- - - - - - -
- - - - - 2.9 4.0

33.2 61.5 87.7 133.4 183.3 269.7 356.4


Table A.1.2: Monetary Authorities' Analytical Accounts - Assets (N' Billion)

Item
1994 1995 1996 1997 1998
FOREIGN ASSETS 33.8 42.3 181.4 179.2 161.4
Gold 0.0 0.0 0.0 0.0 0.0
IMF Gold Tranche - - - - -
Foreign Currencies 0.4 0.9 0.6 5.5 12.1
Demand Deposits at Foreign Banks 27.7 35.6 163.5 166.7 143.7

Treasury Bills of Foreign Governments 1.6 0.4 5.4 2.5 1.3


SDR Holdings - - - - -
Attached Assets 0.2 - - - -
Regional Monetary Cooperation Funds 0.1 0.1 0.0 0.0 0.0
Other Foreign Assets 3.7 5.3 11.9 4.4 4.2

CLAIMS ON FEDERAL GOVERNMENT 308.9 438.5 313.8 406.1 457.0


Treasury Bills & TB Rediscounts 30.6 42.0 9.5 141.7 121.9
Treasury Bills 28.1 36.5 3.1 134.2 120.3
Treasury Bills Rediscounts 2.6 5.5 6.4 7.4 1.6
Nigerian Converted Bonds 197.8 271.0 224.7 122.0 162.9
Treasury Bond Stock 196.3 269.5 223.3 120.6 145.5
Treasury Bonds Sinking Funds Overdrawn Account - - - - -
Treasury Bonds Interest 1.5 1.5 1.4 1.4 17.4
Overdrafts to Federal Government 0.8 1.2 17.8 36.9 24.9
Overdraft on Budgetary Accounts 0.1 0.0 0.0 0.0 9.8
Other Overdrafts to Federal Government 0.7 1.1 17.8 36.9 15.2
Development Stocks 1.2 0.9 0.8 0.6 0.4
Development Stocks Account 1.2 0.9 0.8 0.6 0.4
Development Stocks Sinking Funds Overdrawn Account - - - - 0.0
Development Stocks Interest - - - - 0.0
Treasury Certificates 27.6 29.6 - - -
Other Claims on Federal Government 0.4 24.2 1.0 2.8 2.1

Claims on Federal Government (Branch Position) 50.4 69.7 60.0 102.2 144.8

CLAIMS ON STATE AND LOCAL GOVERNMENT 0.1 0.0 0.0 0.0 0.0
Overdrafts to States & Local Governments: 0.1 0.0 0.0 - -
Overdrafts to State Governments 0.1 0.0 0.0 - -
Overdrafts to Local Governments - - - - -
Claims on State & Local Govt.(Branch Position) - - - 0.0 0.0

CLAIMS ON NONFINANCIAL PUBLIC ENTERPRISES 3.7 3.5 1.5 1.5 0.9


Overdrafts to Non-Financial Public: 2.3 3.2 1.0 0.9 0.3
Overdrafts to Federal Parastatals 2.3 3.2 0.9 0.9 0.3
Overdrafts to State Parastatals 0.0 0.0 0.0 0.0 0.0
Claims on Non-fin. Publ. Ent.(Branch Position) 1.3 0.3 0.6 0.5 0.6

CLAIMS ON (NON-FINANCIAL) PRIVATE SECTOR 0.8 0.6 1.0 0.8 0.5

CLAIMS ON DEPOSIT MONEY BANKS 13.0 24.2 27.7 21.3 21.8


(Overdrafts to) Commercial Banks 9.7 18.8 18.3 16.7 17.6
(Overdrafts to) Merchant Banks1 1.6 2.9 3.0 2.9 2.9
Other Claims on DMBs 1.8 2.6 6.4 1.6 1.4
Claims on Deposit Money Banks (Branch Position) - - - 0.0 0.0

CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's) 2.9 3.2 3.3 5.9 4.6
Development Banks 0.6 0.6 0.6 0.6 0.7
Other Claims on OFI's: 2.4 2.6 2.7 5.3 3.9

Loans to OFI's1 0.0 0.0 0.0 2.0 0.0


Investment in OFI's 2.4 2.5 2.7 3.2 3.8
Miscellaneous Claims on OFIs 0.0 0.0 0.0 0.1 0.0

UNCLASSIFIED ASSETS 105.7 140.5 115.7 207.6 191.6


Participation in International Organisations 38.2 42.7 39.2 36.8 36.3
IMF Currency Subscriptions: 38.2 42.7 39.2 36.8 36.3
IMF Local Currency Subscription (CBN Accounting Records)1 0.6 0.6 0.6 0.6 0.6
IMF Non-Negotiable Interest Bearing A/C (CBN acc. records) 37.6 42.0 38.6 36.2 35.7
IMF Securities Account (CBN acc. records) - - - - -
IMF Accounts Valuation Adjustments 0.0 0.0 0.0 0.0 0.0
SDR Allocation #1 (rev. descrepancy) - - - - -
IMF Gold Tranche A/C (CBN Accounting Records) 0.0 0.0 0.0 0.0 0.0
Holdings of SDRs (CBN Accounting Records) - 0.0 0.0 0.0 0.0
IBRD Subscriptions 0.0 0.0 0.0 0.0 0.0
Total Receivables 58.8 54.4 51.7 36.5 34.9
Receivables 6.6 8.5 6.0 2.6 2.7
Income Receivable: 0.2 0.8 0.3 0.3 0.2
Accrued Earnings 0.0 0.4 - - -
Impersonal Accounts 0.1 0.1 0.0 0.1 0.0
Interest Receivables1 0.1 0.2 0.3 0.2 0.2
Other Income Receivable 0.0 0.0 - 0.0 -
Exchange Difference on Promisory Notes 52.0 45.0 45.3 33.5 31.8
SME Revaluation Accounts - - 0.1 0.1 0.2

Claims on Branches 3.4 3.9 13.6 5.8 9.3


Non-Monetary Precious Metals 0.0 0.0 0.0 0.0 0.0
Miscellanoues unclassified Assets 0.3 31.4 1.3 104.1 85.6
Other Miscellaneous Assets 0.3 31.4 1.3 104.1 85.6

Expenses 0.2 2.7 6.8 19.9 22.0


Head Office Expenses 0.2 2.7 1.3 0.8 1.1
Branch Expenses1 0.0 0.0 5.5 19.1 20.9
Zonal Office Expenses - - - - -
Unclassified Assets (Branch Position) 4.8 5.5 3.0 4.5 3.5

TOTAL ASSETS 468.9 652.8 644.4 822.3 837.8


Source : Central Bank of Nigeria
Notes: 1These items were reclassified from the last quarter of 2006
1999 2000 2001 2002 2003 2004 2005
510.6 774.7 1,181.7 1,013.5 1,065.1 2,478.6 3,715.2
0.0 0.0 0.0 0.0 0.0 0.0 0.0
- - - 0.0 0.0 0.0 0.0
3.8 2.4 745.9 562.5 448.2 1,451.6 1,354.4
462.7 569.0 391.5 339.4 517.7 710.5 2,157.3

29.9 57.3 37.7 86.0 66.1 298.6 182.3


- - - 0.0 0.0 0.1 0.1
- - - - - - -
0.0 0.0 0.1 - - 0.5 0.4
14.1 145.9 6.5 25.6 33.0 17.3 20.7

532.3 513.0 738.6 532.5 592.2 441.6 188.3


79.9 87.4 354.6 160.3 215.5 98.9 90.5
50.1 58.6 353.2 157.7 94.8 32.0 72.3
29.7 28.7 1.4 2.6 120.6 67.0 18.2
406.9 396.6 383.4 371.7 361.6 342.4 93.8
390.0 380.3 367.7 248.0 240.9 236.5 92.8
- - - - - - -
16.9 16.3 15.7 123.6 120.7 105.9 92.4
42.5 25.9 - - 14.8 - 3.9
38.7 17.4 - - 14.8 - 3.9
3.9 8.5 - - - - -
0.3 0.7 0.6 0.5 0.4 0.2 0.1
0.3 0.7 0.6 0.5 0.4 0.0 0.1
- - - - - - -
- - - - - 0.2 -
- - - - - - -
1.9 1.6 - - - - -

0.8 0.9 - - 0.0 - -

0.0 0.0 - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
0.0 0.0 - - - - -

0.7 1.0 1.1 0.2 0.2 1.9 2.4


0.2 0.2 0.2 0.1 0.2 1.9 2.4
0.2 0.2 0.2 0.1 0.2 1.9 2.4
0.0 0.0 0.0 - - - -
0.5 0.8 0.9 0.1 0.0 - -

0.9 2.2 3.1 1.6 1.7 1.9 2.1

22.1 36.2 20.6 5.6 15.6 92.0 60.9


17.7 29.2 10.4 2.1 9.2 42.6 57.1
2.8 2.8 5.6 3.4 5.5 8.1 3.8
1.6 4.2 4.6 0.0 - 41.3 -
- - - - 0.8 - -

4.6 4.9 6.3 5.5 6.9 11.3 11.6


0.7 0.9 1.9 3.7 6.9 9.5 9.5
3.8 4.0 4.4 1.8 - 1.8 2.1

0.0 - - 1.8 - 1.8 2.1


3.8 4.0 4.4 - - - -
0.0 0.0 0.0 - - 0.0 -

296.8 374.2 124.0 151.2 182.7 374.9 426.1


196.7 200.0 68.1 138.3 307.9 337.6 381.2
196.5 200.0 68.0 138.3 307.9 337.6 381.2
0.6 0.6 0.6 0.6 0.6 0.6 0.6
195.9 199.4 67.4 137.7 307.3 337.0 380.6
- - - - - - -
0.2 0.0 0.1 - - - -
- - - - - - -
0.0 0.0 0.0 - - - -
0.2 0.0 0.1 - - - -
0.0 0.0 0.0 - - 0.0 -
35.3 145.6 12.9 11.9 114.0 75.9 8.4
18.3 24.8 1.0 5.5 4.8 7.7 4.9
0.2 1.3 0.2 4.2 109.2 0.9 3.4
- - - 0.4 0.5 - -
0.0 1.1 0.0 3.4 1.2 0.5 3.1
0.2 0.2 0.2 0.5 0.2 0.2 0.2
0.0 0.0 0.0 - 107.3 0.3 0.1
16.5 119.1 10.5 2.1 - 67.3 -
0.2 0.4 1.1 - - - -

1.1 10.5 1.9 0.1 - - 0.9


0.0 0.0 0.0 - - - -
29.4 2.2 0.0 0.0 23.2 240.4 29.7
29.4 2.2 0.0 0.0 23.2 240.4 29.7

25.4 10.8 36.5 0.1 44.2 58.5 5.8


0.2 3.8 25.6 0.1 42.0 55.9 5.8
25.2 7.0 10.6 0.0 2.2 2.7 -
- - 0.3 - - - -
8.8 5.1 4.6 0.8 0.7 - -

1,367.8 1,706.2 2,075.4 1,710.0 1,864.4 3,402.3 4,406.7


Table A.1.2: Monetary Authorities' Analytical Accounts - Assets (N' Billion) - Continued

Item
2006 2007 2008 2009
FOREIGN ASSETS 5,617.3 6,570.3 7,341.5 6,547.8
Gold 0.0 0.0 0.0 0.0
IMF Gold Tranche 0.0 0.0 0.0 0.0
Foreign Currencies 304.9 681.8 2,045.9 74.5
Demand Deposits at Foreign Banks 5,220.2 5,816.4 5,282.2 6,031.9
Of which: Domicillary Accounts - 587.1 393.5 568.2
Treasury Bills of Foreign Governments 92.0 71.9 13.1 88.9
SDR Holdings 0.1 0.1 0.2 352.5
Attached Assets - - - -
Regional Monetary Cooperation Funds - - - -
Other Foreign Assets - - - -

CLAIMS ON FEDERAL GOVERNMENT 652.5 97.0 637.0 401.5


Treasury Bills & TB Rediscounts 23.3 6.1 364.5 1.9
Treasury Bills 23.3 5.6 364.3 0.6
Treasury Bills Rediscounts 0.0 0.5 0.2 1.3
Nigerian Converted Bonds 142.9 90.8 272.4 253.7
Treasury Bond Stock 99.9 78.5 271.9 253.3
Treasury Bonds Sinking Funds Overdrawn Account 43.0 12.3 0.4 0.4
Treasury Bonds Interest - - - -
Overdrafts to Federal Government 486.2 - - -
Overdraft on Budgetary Accounts 486.2 - - -
Other Overdrafts to Federal Government - - - -
Development Stocks 0.1 0.1 0.1 0.0
Development Stocks Account 0.1 0.1 0.1 0.0
Development Stocks Sinking Funds Overdrawn Account 0.1 0.1 0.1 0.0
Development Stocks Interest - - 0.0 -
Treasury Certificates - - - -
Other Claims on Federal Government - - - 145.8
Claims on Federation & Mirror Accounts - - - -

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) - - - -
Domicilliary Mirror Accounts -

CLAIMS ON NONFINANCIAL PUBLIC ENTERPRISES 13.2 - - 13.2


Overdrafts to Non-Financial Public: 13.2 - - -
Overdrafts to Federal Parastatals 13.2 - - -
Overdrafts to State Parastatals - - - -
Claims on Non-fin. Publ. Ent.(Branch Position) - - - 13.2

CLAIMS ON (NON-FINANCIAL) PRIVATE SECTOR 2.8 7.4 7.4 1.7

CLAIMS ON DEPOSIT MONEY BANKS 130.2 224.6 67.2 684.8


(Overdrafts to) Commercial Banks - 10.0 10.0 675.0
(Overdrafts to) Merchant Banks1 - - - -
Other Claims on DMBs 130.2 214.6 57.2 9.8
CBN Securities - - - -

CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's) 25.4 228.6 252.7 536.5


Development Banks - - - -
Other Claims on OFI's: 25.4 228.6 252.7 536.5
of which AMCON Bonds - - - -
Loans to OFI's1 - - - -
Investment in OFI's - - - -
Miscellaneous Claims on OFIs - - - -

UNCLASSIFIED ASSETS 3,593.0 1,561.1 1,898.2 872.3


Participation in International Organisations 325.0 337.6 331.4 382.4
IMF Currency Subscriptions: 325.0 337.6 331.4 382.4
IMF Local Currency Subscription (CBN Accounting Records)1 - - - -
IMF Non-Negotiable 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 0.0 - - -
Total Receivables 442.9 130.1 15.4 16.6
Receivables - - - -
Income Receivable: 425.2 22.4 15.4 16.6
Accrued Earnings - - - -
Impersonal Accounts 2,264.4 38.3 38.1 22.7
Interest Receivables1 - - - -
Other Income Receivable - - - -
Exchange Difference on Promisory Notes - - - -
SME Revaluation Accounts 17.7 107.7 - -
Fixed Assets Revaluation - - - -
Claims on Branches 300.3 563.7 1,252.3 63.8
Non-Monetary Precious Metals 4.7 172.5 166.1 195.8
Miscellanoues unclassified Assets 103.5 122.8 91.7 190.8
Other Miscellaneous Assets 103.5 122.8 91.7 190.8
Of which: - - - -
Restricted Claims on DMBs - 32.0 32.3 15.8
Claims on DMBs in Liquidation - 10.9 8.5 1.4
Expenses 152.2 196.1 3.2 0.3
Head Office Expenses 152.2 196.1 3.2 0.3
Branch Expenses1 - - - -
Zonal Office Expenses - - - -
Unclassified Assets (Branch Position) - - - -

TOTAL ASSETS 10,034.5 8,689.0 10,204.0 9,057.8


Source : Central Bank of Nigeria
Notes: 1These items were reclassified from the last quarter of 2006
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2014 2 2015 3
2010 2011 2012 2013 March June September December March June
5,411.3 5,829.8 7,395.3 7,048.7 6,129.4 6,724.3 6,436.4 6,244.7 6,249.8 7,646.7
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
121.6 59.1 97.7 34.5 38.5 57.9 48.1 35.9 37.9 50.1
4,904.9 5,368.9 6,897.8 6,613.8 5,688.9 6,264.4 6,002.6 5,474.2 5,757.0 7,133.0
469.8 308.0 560.3 - - - - - - -
0.0 0.0 0.0 0.0 0.0 0.1 0.1 328.2 0.7 0.7
384.8 401.7 399.8 400.4 401.9 402.0 385.7 406.4 454.2 462.8
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

664.8 680.6 733.4 678.1 1,588.5 541.8 594.1 922.4 1,263.7 1,527.4
307.7 138.8 224.8 56.0 55.7 39.2 37.3 48.8 137.4 173.9
304.1 69.8 215.2 38.4 26.5 36.4 35.0 21.4 52.2 21.4
3.7 69.0 9.6 17.6 29.2 2.8 2.2 27.5 85.1 152.5
297.0 276.2 338.3 347.7 209.1 268.2 250.5 246.7 474.8 667.3
296.8 274.7 336.7 346.3 207.6 266.6 248.9 246.7 474.8 667.3
0.1 1.5 1.6 1.5 1.5 1.6 1.6 0.0 0.0 0.0
- - - - - - - - - -
- - 134.8 239.1 276.2 200.0 271.4 592.0 550.4 648.3
- - - - - - - - - -
- - 134.8 239.1 276.2 200.0 271.4 592.0 550.4 648.3
0.0 0.0 0.0 0.0 - - - - - -
0.0 0.0 0.0 0.0 - - - - - -
0.0 0.0 - 0.0 - - - - - -
- - 0.0 - - - - - - -
- - - - - - - - - -
60.1 265.6 33.1 35.2 34.5 34.4 34.8 34.9 35.1 35.2
- - 2.3 0.0 1,013.1 0.0 0.1 0.0 65.9 2.7

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

- - - 23.6 23.6 23.6 23.6 25.6 25.6 51.0


- - - 23.6 23.6 23.6 23.6 25.6 25.6 51.0
- - - 23.6 23.6 23.6 23.6 25.6 25.6 51.0
- - - - - - - - - -
- - - 0.0 - - - 0.0 - -

40.5 29.7 29.3 5.5 5.2 5.6 6.0 5.9 7.0 9.2

765.5 793.0 1,052.6 806.5 2,448.0 993.9 986.7 774.2 825.2 1,400.1
735.9 708.1 773.5 792.0 2,291.1 770.5 769.8 774.2 825.2 1,400.1
- - - - - - - - - -
29.6 84.9 279.1 10.9 156.9 223.4 216.9 - - -
- - - 3.7 - - - - - -

591.7 4,539.5 4,679.0 4,570.3 4,607.2 4,673.2 4,668.3 4,828.4 4,886.4 5,032.8
- - - - - - - - - -
591.7 4,539.5 4,679.0 4,570.3 4,607.2 4,673.2 4,668.3 4,828.4 4,886.4 5,032.8
- 3,476.8 3,596.4 3,818.8 3,818.8 4,024.8 4,025.7 4,028.0 4,028.0 4,147.8
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

1,294.0 4,878.1 6,790.9 1,929.9 1,244.5 1,543.5 1,776.8 1,782.1 1,356.0 1,641.3
402.7 433.7 421.9 412.0 412.0 421.7 421.7 421.7 421.7 484.5
402.7 433.7 421.9 412.0 412.0 421.7 421.7 421.7 421.7 484.5
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
12.5 11.7 658.3 924.2 162.0 514.7 675.6 743.7 208.3 405.6
- - - - - - - - - -
12.5 11.7 658.3 924.2 162.0 514.7 648.8 743.7 208.3 405.6
- - - - - - - - - -
7.0 46.3 52.7 31.0 108.8 24.8 82.7 32.6 32.6 8.0
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - 26.8 - - -
- - - - - - - - - -
529.6 3,920.5 5,176.4 0.0 2.8 2.2 3.8 2.5 45.9 3.4
238.3 297.4 348.7 402.2 412.0 430.9 440.8 449.9 470.8 491.5
56.2 168.5 132.9 160.5 146.7 149.1 152.3 131.6 176.8 248.3
56.2 168.5 132.9 160.5 146.7 149.1 152.3 131.6 176.8 248.3
- - - - - - - - - -
11.9 20.9 28.5 28.3 28.3 28.3 28.3 28.3 28.3 28.3
37.1 42.5 42.9 47.7 47.9 47.9 47.9 47.7 47.7 47.7
47.6 - - - - - - - - -
47.6 - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - -

8,767.7 16,750.7 20,680.5 15,062.6 16,046.4 14,505.8 14,491.8 14,583.4 14,613.7 17,308.5
2015 3
September December
5,576.3 5,624.7
0.0 0.0
0.0 0.0
15.7 56.5
5,097.9 5,111.2
- -
0.8 0.4
461.9 456.5
- -
- -
- -

1,581.5 2,514.0
108.3 100.7
21.4 94.6
86.9 6.1
637.6 612.6
637.6 612.6
0.0 0.0
- -
792.9 1,759.7
- 856.3
792.9 903.4
- -
- -
- -
- -
- -
40.4 37.8
2.3 3.2

- -
- -
- -
- -
- -
- -

192.9 25.6
192.9 25.6
192.9 25.6
- -
- -

10.1 11.0

1,146.5 1,225.2
1,146.5 1,225.2
- -
- -
- -

5,072.2 5,025.0
- -
5,072.2 5,025.0
4,188.9 4,136.6
- -
- -
- -

1,934.0 2,066.8
484.5 484.5
484.5 484.5
- -
- -
- -
- -
- -
- -
- -
- -
624.9 895.7
- -
624.9 895.7
- -
99.4 1.1
- -
- -
- -
- -
- -
1.6 1.8
512.2 531.1
211.4 152.6
211.4 152.6
- -
28.3 28.3
47.8 47.8
- -
- -
- -
- -
- -

15,513.5 16,492.3
Return to Menu
Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billion)
Item1
1981 1982
RESERVE MONEY 5.0 5.8
Currency in Circulation 4.3 4.7
Head Office - -
Branches - -
Deposit Money Banks' Deposits: 0.7 1.1
Commercial Banks 0.7 1.1
Commercial Banks Demand deposits - -
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 1.2 0.9
Non-Financial Public Enterprises (Parastatals): 1.0 0.8
Federal Government Parastatals - -
Private Sector Corporations Deposit - -
State and Local Government Deposits and Parastatals 0.1 0.0
State Government Parastatals - -
State Government Deposits - -
Local Government Deposits - -
Other Financial Institutions Deposits - -
Development Banks - -
Other Financial Institutions - -
Private Sector deposits (branch position) - -

FOREIGN LIABILITIES 0.0 0.3


Non-Resident Deposits of: 0.0 0.3
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 - -

LONG-TERM FOREIGN LIABILITIES - -


Long-Term Liabilities - -
Trade Debt Promissory Notes A/C - -

FEDERAL GOVERNMENT DEPOSITS 1.4 0.6


Budgetary Accounts - -
Deposits on Nigerian Converted Bonds - -
Deposits on Development Stocks - -
Deposits on Treasury Certificates - -
Other Federal Govt Deposit - -

Federal Govt Deposit (Branch Position) - -


CAPITAL ACCOUNTS 0.1 0.1
Capital - -
Reserves 0.1 0.1
Provisions - -
Undisbursed Profits - -
Revaluation Accounts - -
Foreign Assets Revaluation A/C - -
Fixed Assets Revaluation - -
UNCLASSIFIED LIABILITIES 1.9 3.1
Intra-Bank Accounts (Uncleared Effects) - -
Govt Lending Fund - -
Expense/Interest Account - -

Liabilities to IMF - -
IMF Account Adjustments - -

Other Unclassified Liabilities - -


Other Miscellanoues unclassified Liabilities - -
Unclassified Liabilties (Branch Position) - -

Miscellaneous Excess Crude - -


Federal Government - -
Subnationals Government - -
TOTAL LIABILITIES 9.7 10.7
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006
1983 1984 1985 1986 1987 1988 1989 1990
6.1 5.9 5.7 6.7 8.5 11.7 11.8 18.3
5.3 5.3 5.4 5.7 6.9 10.2 10.7 16.2
- - - - - - - -
- - - - - - - -
0.8 0.6 0.3 1.0 1.6 1.5 1.1 2.1
0.8 0.6 0.3 1.0 1.6 1.5 1.1 2.1
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
0.8 1.3 1.9 1.7 0.9 2.2 6.3 8.6
0.7 1.2 1.9 1.7 0.7 2.1 5.5 6.7
- - - - - - - -
- - - - - - - -
0.1 0.1 0.1 0.1 0.2 0.1 0.9 1.9
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -

0.4 0.5 0.5 0.8 4.2 0.8 0.7 0.7


0.4 0.5 0.5 0.8 4.2 0.8 0.7 0.7
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -

- - - - - - - -
- - - - - - - -
- - - - - - - -

1.3 1.6 2.7 2.8 4.9 6.3 24.8 35.2


- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -

- - - - - - - -
0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.6
- - - - - - - -
0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.6
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
5.8 4.9 4.8 14.4 14.4 40.2 43.6 69.8
- - - - - - - -
- - - - - - - -
- - - - - - - -

- - - - - - - -
- - - - - - - -

- - - - - - - -
- - - - - - - -
- - - - - - - -

- - - - - - - -
- - - - - - - -
- - - - - - - -
14.6 14.3 15.7 26.7 33.2 61.5 87.7 133.4
Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billion)

Item 1991
RESERVE MONEY 29.9
Currency in Circulation 25.3
Head Office -
Branches -
Deposit Money Banks' Deposits: 4.5
Commercial Banks 4.5
Commercial Banks Demand deposits -
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 4.9
Non-Financial Public Enterprises (Parastatals): 3.5
Federal Government Parastatals -
Private Sector Corporations Deposit -
State and Local Government Deposits and Parastatals 1.4
State Government Parastatals -
State Government Deposits -
Local Government Deposits -
Other Financial Institutions Deposits -
Development Banks -
Other Financial Institutions -
Private Sector deposits (branch position) -

FOREIGN LIABILITIES 2.7


Non-Resident Deposits of: 2.7
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 -

LONG-TERM FOREIGN LIABILITIES -


Long-Term Liabilities -
Trade Debt Promissory Notes A/C -

FEDERAL GOVERNMENT DEPOSITS 51.0


Budgetary Accounts -
Deposits on Nigerian Converted Bonds -
Deposits on Development Stocks -
Deposits on Treasury Certificates -
Other Federal Govt Deposit -

Federal Govt Deposit (Branch Position) -


CAPITAL ACCOUNTS 2.0
Capital -
Reserves 2.0
Provisions -
Undisbursed Profits -
Revaluation Accounts -
Foreign Assets Revaluation A/C -
Fixed Assets Revaluation -
UNCLASSIFIED LIABILITIES 92.8
Intra-Bank Accounts (Uncleared Effects) -
Govt Lending Fund -
Expense/Interest Account -

Liabilities to IMF -
IMF Account Adjustments -

Other Unclassified Liabilities -


Other Miscellanoues unclassified Liabilities -
Unclassified Liabilties (Branch Position) -

Miscellaneous Excess Crude -


Federal Government -
Subnationals Government -
TOTAL LIABILITIES 183.3
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006
1992 1993 1994 1995 1996 1997 1998 1999
71.4 104.6 138.3 167.7 178.5 190.1 216.9 283.4
39.7 62.6 96.2 113.9 126.0 144.8 172.4 208.6
39.5 60.9 95.9 113.5 118.9 137.8 164.2 193.5
0.2 1.7 0.3 0.4 7.1 7.0 8.2 15.0
31.6 42.0 42.1 53.8 52.5 45.3 44.5 74.9
29.1 39.5 39.8 51.5 51.6 41.0 38.7 67.8
6.8 3.6 5.9 6.7 8.3 5.9 10.7 3.8
0.2 0.4 0.6 0.5 0.0 0.0 0.0 0.0
22.1 35.5 33.3 44.3 43.2 35.1 28.0 64.0
1.5 1.8 2.0 1.6 0.3 0.1 0.2 0.8
0.9 0.5 0.3 0.2 0.3 0.1 0.2 0.7
0.1 0.1 0.2 0.3 0.0 0.0 0.0 0.0
0.6 1.2 1.5 1.2 - - - -
0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.5
1.1 0.6 0.3 0.6 0.6 4.2 5.5 5.8
6.0 11.0 13.4 15.1 15.4 12.5 19.6 4.5
2.4 6.5 6.3 7.2 6.5 2.1 1.1 0.7
2.4 6.5 6.3 7.2 6.5 2.1 1.1 0.7
0.0 0.1 0.1 0.2 0.0 0.1 0.1 0.0
0.8 0.4 0.5 0.7 0.8 0.5 0.7 0.0
0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.0
0.6 0.2 0.3 0.3 0.6 0.3 0.5 0.0
0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0
1.3 2.2 4.0 3.5 5.1 3.9 3.1 2.7
0.0 0.3 0.6 0.5 0.6 0.2 0.4 0.1
1.3 2.0 3.3 3.0 4.5 3.7 2.7 2.7
1.4 1.7 2.6 3.6 3.0 6.0 14.6 0.9

33.2 0.9 0.2 7.1 3.7 11.8 4.0 0.6


27.6 0.4 0.1 7.0 3.6 11.7 3.9 0.5
26.4 0.0 0.0 3.2 1.0 11.4 3.8 0.5
1.1 0.4 0.0 3.9 2.7 0.3 0.1 -
- - - - - - - -
0.0 - - - - - - -
- - 0.0 0.0 0.0 0.0 0.0 0.0
- - 0.0 0.0 0.0 0.0 0.0 0.0
5.6 0.5 0.1 0.0 0.0 0.0 0.0 0.1

25.7 54.6 60.2 46.6 43.7 38.9 31.7 16.3


25.7 54.6 60.2 46.6 43.7 38.9 31.7 16.3
25.7 54.6 60.2 46.6 43.7 38.9 31.7 16.3

54.3 63.5 66.7 194.6 253.8 394.7 362.4 517.0


31.5 39.2 45.2 176.0 214.6 273.7 207.3 467.8
0.0 0.0 0.0 0.0 0.0 2.1 2.4 2.1
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
- - - - - - - -
12.8 9.9 5.9 3.9 6.7 0.8 3.3 1.1

10.0 14.3 15.7 14.7 32.4 118.1 149.5 45.9


30.3 61.5 72.5 71.4 64.7 68.4 80.4 238.4
0.3 0.3 0.3 0.3 0.3 0.5 0.5 0.5
3.3 5.6 6.6 7.1 7.2 7.5 9.6 11.4
13.2 20.8 30.0 36.9 34.6 36.0 41.5 39.6
5.9 8.5 10.1 5.0 1.6 - - 34.4
7.6 26.2 25.5 22.2 21.0 24.4 28.7 152.5
7.6 26.2 25.5 22.2 21.0 24.4 28.7 152.5
- - - - - - - -
48.9 60.3 117.5 150.3 84.7 105.8 122.8 307.7
0.1 0.3 0.7 0.6 0.7 0.6 0.3 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
8.4 10.6 16.6 26.0 21.3 28.8 46.8 49.4

32.5 40.0 41.5 44.3 40.9 38.7 38.1 201.7


1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1

2.6 2.5 3.4 4.2 6.4 17.0 16.1 32.5


2.6 2.5 3.4 4.2 6.4 17.0 16.1 32.5
4.2 5.7 54.2 74.1 14.2 19.6 20.4 22.9

- - - - - - - -
- - - - - - - -
- - - - - - - -
269.7 356.4 468.9 652.8 644.4 822.3 837.8 1,367.8
2000
354.7
234.2
230.5
3.8
120.4
74.4
3.3
0.0
71.1
0.7
0.6
0.0
0.2
0.0
45.2
11.6
9.0
9.0
0.0
0.0
0.0
0.0
0.0
1.9
0.1
1.8
0.7

0.1
0.0
-
0.0
-
-
0.0
0.0
0.1

120.3
120.3
120.3

856.0
706.9
14.1
0.0
-
1.7

133.2
195.5
0.5
20.7
39.5
-
134.8
134.8
-
323.8
0.3
0.0
79.2

201.8
1.1

36.8
36.8
4.6

-
-
-
1,861.9
Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billion)
Item1 2001

RESERVE MONEY 545.9


Currency in Circulation 403.5
Head Office 366.2
Currency in Circulation(Branch Position) 37.3
Deposit Money Banks' Deposits: 142.4
Commercial Banks 133.4
Commercial Banks Demand deposits 14.7
Commercial Banks Special deposits 0.0
Commercial Banks Required Reserves 118.7
Merchant Banks1 8.4
Merchant Banks Demand deposits 1.6
Merchant Banks Special deposits 0.0
Merchant Banks Required Reserves 6.8
Other Deposits Of DMBs 0.0
Deposit Money Banks' deposits (branch position) 0.6
Private Sector Deposits 30.0
Non-Financial Public Enterprises (Parastatals): 15.8
Federal Government Parastatals 15.8
Private Sector Corporations Deposit 0.0
State and Local Government Deposits and Parastatals 0.0
State Government Parastatals 0.0
State Government Deposits 0.0
Local Government Deposits 0.0
Other Financial Institutions Deposits 8.3
Development Banks 0.4
Other Financial Institutions 7.9
Private Sector deposits (branch position) 5.8

SHORT-TERM FOREIGN LIABILITIES 11.4


Non-Resident Deposits of: 11.3
Foreign DMBs (Current Accounts) 11.3
Foreign Central Banks -
Other Foreign Financial Institutions -
Other Foreign Customers -
Liabilities to Foreign Monetary Authorities: 0.0
Treasury Bills Held by Foreign Monetray Authorities 0.0
SME World Bank Loan A/C -
SME Drawdown Account -
Other Foreign Liabilities 0.1

LONG-TERM FOREIGN LIABILITIES 110.5


Long-Term Liabilities 110.5
Trade Debt Promissory Notes A/C 110.5

FEDERAL GOVERNMENT DEPOSITS 924.5


Budgetary Accounts 661.0
Deposits on Nigerian Converted Bonds 37.7
Deposits on Development Stocks 0.0
Deposits on Treasury Certificates -
Other Federal Govt Deposit 1.4
Federation & Mirror Accounts -
Government (Excess Crude) -
Subnationals Government (Excess Crude) -

Federal Govt Deposit (Branch Position) 224.5


CAPITAL ACCOUNTS 170.7
Capital 3.0
Reserves 34.5
Provisions 49.0
Undisbursed Profits 3.8
Revaluation Accounts 80.4
Foreign Assets Revaluation A/C 80.4
Fixed Assets Revaluation -
UNCLASSIFIED LIABILITIES 282.4
Intra-Branch Accounts (Uncleared Effects) 1.1
Govt Lending Fund 0.3
Expense 15.6
Impersonal Accounts -
Liabilities to IMF 252.4
IMF Account Adjustments 1.1
SDR Allocation (CBN Rec) -
Other Unclassified Liabilities 0.0
Other Miscellanoues unclassified Liabilities 0.0
Unclassified Liabilties (Branch Position) 11.8
Restricted DMBs Deposits -
Deposits of DMBs in Liquidation -
Miscellenoues Excess Crude savings -
Federal Government -
Subnationals Government -
TOTAL LIABILITIES 2,075.4
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006
2002 2003 2004 2005 2006 2007 2008

591.4 688.7 732.3 762.8 974.9 1,195.3 1,549.1


463.2 502.3 545.8 642.4 779.3 960.8 1,155.3
449.9 503.0 545.8 642.4 779.3 960.8 1,155.3
13.2 (0.8) - - - - -
128.3 186.4 186.5 120.4 195.6 234.5 393.8
107.2 159.9 171.1 114.8 - - -
9.2 20.0 26.4 15.4 87.0 93.0 244.0
0.0 0.0 0.0 0.0 - - -
98.0 139.9 144.7 99.4 108.6 141.5 149.7
11.8 15.7 15.4 5.6 - - -
2.3 3.5 2.1 3.9 - - -
0.0 0.0 0.0 0.0 - - -
9.5 12.2 13.3 1.7 - - -
0.1 0.1 0.0 - - - -
9.1 10.7 - - - - -
55.4 235.7 143.5 215.5 131.8 70.5 314.0
51.6 235.3 143.1 211.1 113.7 23.0 46.3
51.6 235.3 143.1 211.1 113.7 23.0 46.3
0.1 0.0 0.1 4.1 - - -
0.0 0.0 0.0 0.0 - - -
- - 0.0 0.0 - - -
0.0 0.0 0.0 0.0 - - -
- - - - - - -
3.1 0.1 0.3 0.3 18.1 47.5 267.7
0.0 0.1 0.0 0.1 2.6 1.7 1.8
3.0 0.0 0.3 0.2 15.5 45.9 265.9
0.7 0.3 - - - - -

5.6 6.0 228.6 43.8 - - -


5.6 5.0 108.4 30.9 - - -
5.6 4.1 54.8 30.8 - - -
- 0.9 47.0 0.1 - - -
- - 6.6 - - - -
- - - - - - -
- 1.0 120.2 12.9 - - -
- 1.0 4.0 8.0 - - -
- - 111.7 4.7 - - -
- - 4.5 0.2 - - -
0.0 0.0 0.0 - - - -

105.0 87.5 67.7 12.9 13.9 - 70.6


105.0 87.5 67.7 12.9 13.9 - 70.6
105.0 87.5 67.7 12.9 - - -

573.7 298.7 447.7 394.0 3,448.5 4,171.5 5,169.1


425.4 292.8 374.9 338.2 841.7 532.9 211.3
0.8 - - - 59.4 99.9 27.1
- - - - 0.1 0.1 0.1
- - 0.0 - - 2.4 2.0
0.1 0.0 72.8 55.8 2,547.3 3,536.2 4,928.5
- - - - - - -
- - 362.8 - 569.7 - 1,224.1
- - 428.5 - 672.8 - 1,445.7

147.4 5.9 - - - - -
70.6 353.2 553.4 710.1 320.0 261.6 602.5
3.0 3.0 3.0 3.0 5.0 5.0 5.0
40.5 40.5 46.2 46.2 45.5 50.7 60.9
- 31.0 41.1 63.4 95.2 101.8 110.9
27.1 - - - - - -
- 278.7 463.1 597.6 174.2 104.1 425.7
- 278.7 463.1 597.6 - 33.2 362.5
- - - - 174.2 70.9 63.1
308.4 194.6 1,229.0 2,267.6 5,145.4 2,990.2 2,498.7
4.2 2.3 1.1 349.5 499.8 579.1 1,190.2
1.2 - 0.1 - - 322.6 5.2
50.2 108.8 3.3 12.3 1,292.1 52.2 92.4
- - - - 3,008.2 54.1 153.2
252.1 307.3 337.0 382.9 326.7 334.6 328.5
- - - - - 1.7 1.1
- - - - 1.1 29.0 29.0
0.4 50.5 212.3 543.7 17.4 1,616.8 699.1
0.4 50.5 212.3 543.7 17.4 1,616.8 699.1
0.3 4.2 - - - - -
- - - - - 22.8 15.2
- - - - - 1.4 34.9
- 28.8 675.1 979.2 - - -
- 13.2 312.6 516.0 - - -
- 15.6 362.5 463.2 - - -
1,710.0 1,864.4 3,402.3 4,406.7 10,034.5 8,689.0 10,204.0
Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billion)
Item1 2009

RESERVE MONEY 1,653.9


Currency in Circulation 1,181.5
Head Office 1,181.5
Currency in Circulation(Branch Position) -
Deposit Money Banks' Deposits: 472.3
Commercial Banks -
Commercial Banks Demand deposits 388.2
Commercial Banks Special deposits -
Commercial Banks Required Reserves 84.1
Merchant Banks -
Merchant Banks Demand Deposits -
Merchant Banks Special Deposits (SIR) -
Merchant Banks Required Reserves -
Non Interest Bank -
Non Interest Bank Demand Deposit -
Non Interest Banks Special Deposits (SIR) -
Non Interest Bank Required Reserves -
Primary Merchant Banks -
Primary Merchant Banks Demand Deposit -
Primary Mortgage Banks Special Deposits (SIR) -
Primary Merchant Banks Required Reserves -

CBN SECURITIES 50.8


CBN Bills 50.8

Private Sector Deposits 703.4


Non-Financial Public Enterprises (Parastatals): 198.3
Federal Government Parastatals 198.3
Private Sector Corporations Deposit -
State and Local Government Deposits and Parastatals -
State Government Parastatals -
State Government Deposits -
Local Government Deposits -
Other Financial Institutions Deposits 505.1
Development Banks 18.3
Other Financial Institutions 486.8
Private Sector deposits (branch position) -

SHORT-TERM FOREIGN LIABILITIES 0.3


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 -
SME World Bank Loan A/C -
SME Drawdown Account -
Other Foreign Liabilities 0.3

LONG-TERM FOREIGN LIABILITIES 25.2


Long-Term Liabilities 25.2
Trade Debt Promissory Notes A/C -

FEDERAL GOVERNMENT DEPOSITS 4,133.1


Budgetary Accounts 972.4
Deposits on Nigerian Converted Bonds 32.1
Deposits on Development Stocks 0.1
Deposits on Treasury Certificates 1.8
Other Federal Govt Deposit -
Federation & Mirror Accounts 3,126.7
Of which -
Government (Excess Crude) 528.5
Subnationals Government (Excess Crude) 624.2
Sovereign Wealth Fund (SWF) -

CAPITAL ACCOUNTS 642.9


Capital 5.0
Reserves 71.9
Provisions 122.9
Undisbursed Profits -
Revaluation Accounts 443.1
Foreign Assets Revaluation A/C 380.0
Fixed Assets Revaluation 63.1
UNCLASSIFIED LIABILITIES 1,848.3
Intra-Branch Accounts (Uncleared Effects) 10.6
Govt Lending Fund 45.6
Expense 120.9
Impersonal Accounts 608.4
Liabilities to IMF 379.5
IMF Account Adjustments 1.2
SDR Allocation (CBN Rec) 358.3
Other Unclassified Liabilities 323.7
Other Miscellanoues unclassified Liabilities 323.7
Unclassified Liabilties (Branch Position) -
Restricted DMBs Deposits 13.8
Deposits of DMBs in Liquidation 47.8
Miscellenoues Excess Crude savings -
Federal Government -
Subnationals Government -
TOTAL LIABILITIES 9,057.8
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006
2
Revised
3
Provisional
2014 2
2010 2011 2012 2013
March June September
1,845.7 2,784.1 3,704.5 5,090.2 4,665.8 4,786.4 4,943.0
1,378.1 1,566.0 1,631.7 1,776.4 1,574.0 1,496.7 1,547.9
1,378.1 1,566.0 1,631.7 1,776.4 1,574.0 1,496.7 1,547.9
- - - - - - -
467.6 1,218.0 2,072.8 3,313.8 3,091.8 3,289.6 3,395.1
- - - - - - -
375.0 446.3 559.4 1,112.4 368.2 348.9 624.7
- - - - - - -
92.6 771.7 1,339.5 2,176.1 2,702.6 2,928.4 2,759.0
- - - - - - -
- - 171.4 9.4 2.6 3.4 2.3
- - - - - - -
- - - 0.7 1.2 1.1 1.0
- - - - - - -
- - 2.2 12.1 12.8 2.5 2.4
- - - - - - -
- - 0.3 3.2 4.5 5.3 5.6
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

104.8 1,537.3 2,635.9 3,849.8 3,238.7 3,422.3 3,832.7


104.8 1,537.3 2,635.9 3,849.8 3,238.7 3,422.3 3,832.7

658.7 605.6 1,046.8 417.1 627.9 532.4 546.1


108.2 117.8 60.3 24.0 32.7 60.3 39.8
108.2 117.8 60.3 24.0 32.7 60.3 39.8
- - 0.0 0.1 0.1 0.1 0.0
- - 3.8 5.2 5.3 5.3 5.5
- - - - - - -
- - 3.3 3.0 3.0 3.1 3.3
- - 0.5 2.2 2.3 2.2 2.2
550.5 487.8 982.7 387.8 589.8 466.7 500.8
55.9 14.2 9.5 89.2 106.0 105.0 78.4
494.6 473.6 973.2 298.6 483.8 361.7 422.4
- - - - - - -

39.0 6.0 1.5 0.0 1,034.4 380.4 0.1


- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
39.0 6.0 1.5 0.0 1,034.4 380.4 0.1

0.0 - 0.3 4.8 - - -


0.0 - 0.3 4.8 - - -
- - - - - - -

3,548.8 4,195.0 4,307.7 2,967.2 2,870.3 3,455.7 3,173.5


786.4 928.9 545.5 256.9 280.4 428.6 230.6
14.9 28.6 190.1 307.2 42.7 61.6 201.7
0.2 0.1 0.1 0.0 0.0 0.0 0.0
2.8 1.3 0.1 7.8 60.7 7.8 5.7
- - 633.1 564.5 589.9 626.2 562.5
2,744.4 3,236.1 2,938.9 1,830.7 1,896.6 2,331.4 2,172.9
- - - - - - -
186.3 262.8 711.3 199.0 184.6 257.3 304.7
220.1 310.3 840.1 235.1 218.0 303.9 359.8
- 157.0 156.2 0.0 0.0 0.0 0.0

1,092.6 1,030.3 954.0 537.9 731.8 734.3 715.3


5.0 5.0 5.0 5.0 5.0 5.0 5.0
129.8 95.6 114.7 115.8 324.3 324.3 324.3
886.7 774.0 751.5 337.9 340.4 342.8 345.2
- - - - - - -
71.1 155.7 82.9 79.2 62.1 62.1 40.8
14.0 94.1 21.3 38.5 21.3 21.4 0.0
57.1 61.6 61.6 40.8 40.8 40.8 40.8
1,478.1 6,592.4 8,029.8 2,195.6 2,877.4 1,194.4 1,281.0
531.6 3,910.1 5,185.0 23.3 1,725.2 72.2 74.1
41.4 - - - - - -
1.1 145.4 817.6 1,209.3 235.2 204.0 222.9
85.0 1,676.6 928.1 31.9 83.0 74.2 112.9
399.7 433.1 421.9 412.0 412.0 421.7 421.7
0.2 0.1 0.1 0.1 0.1 0.1 0.1
384.9 401.8 399.8 400.4 400.4 400.4 400.4
34.3 25.2 277.3 118.6 21.6 21.7 48.9
34.3 25.2 277.3 118.6 21.6 21.7 48.9
- - - - - - -
13.0 19.4 28.7 103.8 8.5 7.9 7.9
8.9 0.3 0.4 0.4 3.3 2.2 1.1
- - - - - - -
- - - - - - -
- - - - - - -
8,767.7 16,750.7 20,680.5 15,062.6 16,046.4 14,505.8 14,491.8
2
2015 3
December March June September December
5,930.9 5,907.2 5,945.8 5,788.3 5,812.7
1,798.0 1,818.4 1,562.3 1,637.5 1,857.9
1,798.0 1,818.4 1,562.3 1,637.5 1,857.9
- - - - -
4,133.0 4,088.8 4,383.4 4,150.8 3,954.8
- - - - -
547.1 201.3 303.1 211.7 1,115.6
- - - - -
3,572.6 3,870.6 4,060.1 3,919.8 2,818.4
- - - - -
0.8 1.4 1.8 0.7 1.8
- - - - -
1.5 1.8 1.2 1.2 1.9
- - - - -
3.9 5.7 4.8 5.0 9.1
- - - - -
6.7 7.6 11.9 11.9 7.2
- - - - -
0.3 0.3 0.4 0.4 0.6
- - - - -
0.0 0.1 0.1 0.2 0.2

2,809.4 3,116.6 3,549.0 3,267.0 2,313.0


2,809.4 3,116.6 3,549.0 3,267.0 2,313.0

217.0 135.7 228.1 544.3 1,229.7


64.2 15.0 17.3 143.7 872.2
64.2 15.0 17.3 143.7 872.2
0.0 0.1 0.1 0.1 0.0
3.9 3.6 3.4 16.4 33.3
- - - - -
2.2 2.0 1.8 15.2 32.2
1.6 1.6 1.6 1.2 1.1
149.0 117.0 207.4 384.2 324.2
75.3 90.3 101.0 124.6 148.6
73.6 26.8 106.4 259.6 175.6
- - - - -

0.0 92.8 1,850.7 333.7 79.4


- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
0.0 92.8 1,850.7 333.7 79.4

- - - - -
- - - - -
- - - - -

3,064.1 2,826.8 2,296.9 2,623.7 4,167.0


304.2 251.2 219.3 267.9 322.7
489.3 634.8 201.0 290.3 589.2
0.0 0.0 0.0 0.0 0.0
6.5 4.3 4.4 4.6 5.7
242.5 218.2 248.0 621.8 1,664.2
2,021.4 1,718.3 1,624.2 1,439.1 1,585.2
- - - - -
240.3 186.5 186.8 202.9 203.1
283.8 220.2 220.6 239.7 239.8
0.0 0.1 0.1 0.1 0.1

966.3 1,383.2 1,413.5 1,395.3 1,200.3


5.0 5.0 5.0 5.0 5.0
324.0 379.9 379.2 380.0 212.7
316.2 318.8 321.4 323.7 325.9
- - - - -
321.2 679.5 707.9 686.6 656.8
280.4 638.7 667.1 645.9 616.0
40.8 40.8 40.8 40.8 40.8
1,595.6 1,151.4 2,024.5 1,561.2 1,690.0
2.1 1.7 584.9 101.5 2.1
- - - - -
617.1 200.7 371.1 441.2 611.2
70.2 74.8 131.3 75.8 116.1
421.7 421.7 484.5 484.5 484.5
0.1 0.1 0.1 0.1 0.1
406.5 406.5 406.5 406.5 406.5
77.9 46.0 46.3 51.7 69.6
77.9 46.0 46.3 51.7 69.6
- - - - -
7.7 7.9 7.9 7.7 10.5
1.0 1.3 2.7 5.2 13.9
- - - - -
- - - - -
- - - - -
14,583.4 14,613.7 17,308.5 15,513.5 16,492.3
Return to Menu
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


1981
Q1 5.8 1.9 - 7.9 - 3.0 7.2 12.9 5.3
Q2 5.8 1.8 - 8.4 - 2.9 7.4 13.2 5.5
Q3 4.4 3.8 - 9.2 - 2.1 6.9 13.1 5.9
Q4 2.6 6.5 - 9.7 - 5.0 9.9 16.2 6.1
1982
Q1 1.1 6.2 - 10.4 - 4.7 9.1 16.0 5.3
Q2 0.7 6.8 - 10.9 - 4.9 9.2 16.5 5.4
Q3 0.7 6.2 - 11.2 - 5.2 9.4 17.0 5.6
Q4 0.9 10.7 - 11.6 - 5.8 10.3 18.1 6.1
1983
Q1 0.7 8.6 - 11.6 - 5.8 9.6 17.3 5.4
Q2 0.5 11.3 - 11.7 - 5.3 10.2 18.5 6.0
Q3 0.6 13.6 - 11.7 - 5.4 11.4 20.2 6.8
Q4 0.5 16.5 - 12.2 - 6.1 11.5 20.9 6.7
1984
Q1 0.6 16.0 - 12.4 - 6.3 11.4 21.1 6.5
Q2 0.9 16.5 - 12.5 - 4.8 11.1 21.4 7.5
Q3 0.8 16.5 - 12.4 - 5.9 11.8 22.2 7.2
Q4 1.1 19.1 - 12.9 - 5.9 12.5 23.4 7.6
1985
Q1 1.1 16.6 - 13.0 - 5.7 11.9 23.0 7.4
Q2 1.0 17.6 - 13.1 - 5.6 12.4 23.9 8.0
Q3 0.6 20.6 - 13.4 - 5.7 13.6 25.6 9.1
Q4 1.4 20.3 - 14.1 - 5.7 13.9 26.3 9.0
1986
Q1 1.2 17.0 - 14.7 - 5.9 13.6 26.6 8.7
Q2 1.1 17.8 - 15.3 - 5.8 12.8 26.1 8.1
Q3 2.0 17.5 - 16.9 - 6.0 14.7 29.5 9.8
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


Q4 5.4 19.6 - 18.3 - 6.7 13.6 27.4 8.4
1987
Q1 4.7 20.1 - 18.8 - 6.1 12.5 26.6 7.6
Q2 1.3 19.0 - 19.5 - 6.0 12.2 27.5 7.4
Q3 3.3 18.9 - 20.4 - 6.7 12.7 29.1 7.5
Q4 3.7 22.2 - 21.9 - 8.5 15.2 33.7 8.9
1988
Q1 2.7 22.4 - 23.0 - 8.1 16.5 36.7 9.9
Q2 4.6 19.8 - 23.4 - 8.6 17.5 39.2 10.6
Q3 4.5 20.1 - 25.4 - 9.1 17.9 40.2 10.3
Q4 9.5 29.3 - 25.5 - 11.7 22.2 45.4 12.8
1989
Q1 15.0 28.2 - 27.8 - 12.2 23.8 49.4 13.8
Q2 15.1 20.4 - 28.6 - 12.7 24.5 48.1 14.1
Q3 18.9 11.4 - 29.0 - 12.4 23.7 44.2 12.8
Q4 22.5 7.4 - 29.6 - 11.8 26.3 47.1 16.5
1990
Q1 29.4 13.2 - 31.7 - 13.0 27.3 50.2 17.0
Q2 32.5 2.2 - 31.8 - 14.2 25.6 49.0 14.2
Q3 35.4 3.0 - 35.9 - 14.7 31.2 56.9 19.4
Q4 43.9 22.8 - 35.4 - 18.3 39.2 68.7 24.2
1991
Q1 52.5 10.5 - 34.2 - 19.5 40.7 71.0 25.1
Q2 53.6 21.0 - 37.7 - 18.7 46.5 80.1 29.8
Q3 49.9 6.3 - 38.8 - 24.9 45.9 81.2 27.9
Q4 56.0 39.6 - 42.1 - 29.9 50.1 87.5 27.0
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


1992
Q1 84.0 45.4 - 43.8 - 27.5 59.9 102.7 36.7
Q2 85.3 22.3 - 55.0 - 30.7 70.6 114.9 44.9
Q3 81.3 31.4 - 48.7 - 35.9 73.5 121.6 44.0
Q4 35.8 91.1 80.0 76.1 1.5 77.3 76.0 129.1 39.2
1993
Q1 46.4 84.0 99.5 94.7 1.7 95.2 82.4 146.6 43.3
Q2 64.1 71.2 134.3 129.2 1.9 103.5 91.4 159.5 46.8
Q3 61.7 87.3 155.0 149.8 1.8 109.8 100.9 176.1 49.2
Q4 63.6 185.2 95.5 91.2 1.5 115.5 118.8 198.5 60.9
1994
Q1 55.0 196.5 137.5 132.6 1.6 154.7 118.6 208.2 63.9
Q2 52.3 200.4 143.8 138.4 1.9 137.1 131.6 228.3 75.8
Q3 35.0 202.0 145.0 139.2 2.0 139.4 142.8 242.8 74.6
Q4 56.2 288.1 151.0 145.1 2.2 151.7 169.4 266.9 78.8
1995
Q1 105.3 183.8 147.1 141.1 2.3 146.9 158.2 254.5 71.8
Q2 121.3 175.1 180.3 173.1 2.5 167.3 177.1 290.7 89.6
Q3 111.0 167.3 193.5 187.5 2.4 187.0 181.0 301.9 91.5
Q4 108.7 263.0 211.4 204.9 2.9 182.8 201.4 318.8 94.6
1996
Q1 119.1 180.3 218.0 212.3 2.1 178.1 203.3 328.7 102.2
Q2 122.2 216.4 234.8 228.9 4.6 185.9 213.3 354.0 111.7
Q3 131.9 179.4 252.0 247.2 3.2 180.3 209.3 351.9 105.8
Q4 238.0 110.5 260.6 255.6 3.5 194.0 227.5 370.3 111.3
1997
Q1 204.9 67.5 284.9 279.8 3.6 178.2 242.4 409.9 130.1
Q2 226.0 75.6 321.4 314.6 5.0 171.5 243.1 410.6 133.9
Q3 237.4 38.8 339.5 334.6 3.0 176.7 244.3 425.5 131.2
Q4 234.0 46.4 319.5 316.6 1.5 202.7 268.6 429.7 138.0
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


1998
Q1 254.5 34.8 327.9 325.1 1.1 195.1 273.0 468.0 147.7
Q2 275.3 47.2 353.9 351.2 1.2 207.3 277.3 477.3 152.5
Q3 285.1 34.2 357.8 355.5 0.9 224.2 302.4 527.0 173.3
Q4 247.0 139.9 372.6 370.7 0.9 236.5 318.6 525.6 161.9
1999
Q1 634.9 (33.2) 401.4 395.4 4.3 286.3 367.6 609.0 217.3
Q2 608.4 142.8 427.4 425.2 1.4 252.7 364.9 634.9 218.0
Q3 624.0 91.3 441.0 437.4 2.8 235.3 353.9 655.6 204.1
Q4 666.3 176.8 455.2 452.4 2.1 287.9 393.1 699.7 206.6
2000
Q1 774.8 20.3 478.2 470.1 3.4 300.4 474.4 795.5 298.6
Q2 888.7 (26.4) 522.3 511.6 6.2 305.2 505.1 904.2 325.4
Q3 920.4 48.2 564.2 552.1 8.6 366.3 542.3 962.7 337.5
Q4 1,275.0 (124.0) 596.0 587.5 7.6 426.6 637.7 1,036.1 363.7
2001
Q1 1,263.2 25.8 713.6 690.4 22.5 479.4 759.0 1,274.0 477.2
Q2 1,398.4 (69.9) 758.6 729.4 28.5 490.2 751.1 1,263.2 461.4
Q3 1,440.5 (27.4) 832.6 810.5 19.5 521.5 773.7 1,327.6 488.5
Q4 1,347.6 (6.0) 855.0 827.1 26.8 545.9 816.7 1,315.9 478.0
2002
Q1 1,326.2 112.0 892.9 871.7 16.5 644.2 835.9 1,423.3 519.8
Q2 1,248.9 126.6 939.4 925.3 12.2 596.2 872.1 1,502.1 582.0
Q3 1,191.6 211.6 968.6 944.6 21.9 628.8 933.6 1,605.4 626.8
Q4 1,282.2 373.6 955.8 938.3 17.3 591.6 946.3 1,599.5 559.3
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


2003
Q1 1,346.5 430.7 1,024.3 1,010.6 13.5 610.8 1,121.5 1,918.9 753.2
Q2 1,325.9 605.0 1,066.0 1,047.6 17.0 653.9 1,319.7 2,124.3 937.2
Q3 1,173.9 625.7 1,065.1 1,045.8 15.4 642.2 1,264.0 1,981.1 901.6
Q4 1,388.2 591.9 1,212.0 1,191.5 20.2 688.7 1,225.6 1,985.2 813.4
2004
Q1 1,570.6 500.0 1,321.1 1,303.4 17.4 635.0 1,201.5 2,106.2 817.2
Q2 1,829.7 453.8 1,393.8 1,372.9 20.6 654.5 1,214.8 2,113.3 841.8
Q3 2,010.6 453.0 1,489.3 1,464.2 23.8 650.5 1,262.9 2,156.8 877.3
Q4 2,644.7 485.7 1,534.4 1,507.9 24.6 732.3 1,330.7 2,263.6 872.1
2005
Q1 3,140.5 593.2 1,666.8 1,642.9 21.4 736.7 1,469.6 2,568.1 1,040.5
Q2 3,397.9 341.7 1,840.8 1,816.7 20.5 747.9 1,454.2 2,691.3 1,038.3
Q3 4,003.9 603.1 1,986.2 1,937.5 45.5 808.6 1,557.0 2,773.0 1,112.4
Q4 4,098.5 306.0 2,007.4 1,950.4 54.5 762.8 1,725.4 2,814.8 1,162.2
2006
Q1 5,109.0 471.9 2,127.0 2,040.8 80.8 728.9 1,837.5 3,307.7 1,357.5
Q2 5,568.8 360.8 2,303.7 2,257.5 42.2 797.6 2,216.9 3,911.8 1,702.3
Q3 5,718.7 (235.1) 2,571.7 2,494.5 70.7 816.0 2,329.0 4,320.7 1,804.6
Q4 6,307.9 (1,936.6) 2,650.8 2,556.9 80.7 974.9 2,280.6 4,027.9 1,629.7
2007
Q1 6,997.9 (2,508.6) 3,048.9 2,982.2 53.5 841.3 2,602.4 4,798.3 2,009.1
Q2 7,633.4 (2,615.0) 3,503.7 3,463.4 40.3 858.3 2,639.1 5,116.2 2,113.3
Q3 6,977.3 (2,462.9) 4,203.2 4,144.2 59.0 967.3 3,038.6 5,672.6 2,495.2
Q4 7,266.5 (2,368.5) 5,056.7 4,969.0 87.8 1,195.3 3,116.3 5,809.8 2,378.4
2008
Q1 7,991.6 (2,502.0) 5,964.3 5,862.3 102.0 1,200.0 4,546.1 7,998.2 3,883.3
Q2 8,316.2 (2,716.4) 6,754.7 6,655.3 99.4 1,517.8 4,328.5 7,948.4 3,655.5
Q3 8,523.5 (3,230.0) 7,474.7 7,378.5 96.1 1,247.2 4,521.8 8,960.3 3,765.0
Q4 8,550.4 (3,107.7) 8,059.5 7,909.8 149.8 1,549.1 4,857.3 9,166.8 3,964.6
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


2009
Q1 8,105.3 (3,605.9) 8,226.4 8,015.6 210.9 1,384.0 4,666.7 8,997.8 3,862.6
Q2 7,643.6 (3,150.0) 8,556.9 8,305.3 251.7 1,291.5 4,484.6 9,077.0 3,738.2
Q3 6,886.9 (2,957.1) 9,811.4 9,516.4 295.0 1,262.0 4,333.5 9,458.5 3,554.8
Q4 7,593.3 (2,356.7) 10,219.3 9,895.8 310.3 1,653.9 5,017.1 10,780.6 4,089.9
2010
Q1 7,249.6 (1,782.2) 10,050.7 9,715.6 321.8 1,810.9 4,966.5 11,023.3 4,132.9
Q2 6,484.8 (1,585.9) 10,102.8 9,783.7 319.2 1,535.1 4,918.0 10,845.5 4,122.6
Q3 6,454.0 (1,324.0) 10,336.1 9,994.9 341.2 1,344.3 5,255.9 11,224.8 4,375.0
Q4 6,506.6 (1,331.7) 9,830.3 9,460.5 369.8 1,845.7 5,571.3 11,525.5 4,489.0
2011
Q1 6,988.1 (1,450.5) 9,446.9 9,070.2 376.8 1,705.9 5,424.5 11,653.6 4,311.8
Q2 6,453.7 (1,262.2) 9,957.9 9,537.7 420.2 2,065.1 5,637.3 12,172.1 4,620.8
Q3 6,669.8 (1,215.9) 11,110.7 10,710.6 400.2 1,908.2 6,002.3 12,618.1 4,990.5
Q4 7,138.7 (1,030.7) 14,183.6 13,670.4 513.2 2,784.1 6,771.6 13,303.5 5,526.4
2012
Q1 7,306.7 (855.0) 14,119.9 13,581.8 538.1 2,527.6 6,522.9 13,271.0 5,381.6
Q2 7,522.3 (1,681.6) 14,701.1 14,114.8 586.3 2,512.0 6,599.4 13,483.1 5,511.1
Q3 8,301.5 (1,867.4) 14,754.0 14,155.0 599.0 3,117.8 6,392.5 14,065.3 5,322.3
Q4 9,043.7 (2,453.6) 15,151.8 14,485.9 665.9 3,704.5 7,420.9 15,483.8 6,119.8
2013
Q1 9,685.9 (2,521.0) 15,261.9 14,599.9 662.0 3,911.5 6,938.5 15,669.2 5,695.9
Q2 9,164.4 (2,542.7) 15,692.0 15,031.0 661.0 3,236.2 6,939.5 15,593.2 5,811.7
Q3 8,923.5 (3,191.4) 16,279.3 15,574.3 704.9 4,650.0 6,293.5 14,362.5 5,125.3
Q4 8,658.6 (1,656.3) 16,191.5 15,388.8 779.1 5,090.2 7,032.8 15,689.0 5,586.2
2014 1
Q1 6,609.1 1,649.4 16,451.3 15,849.8 577.9 4,665.8 7,617.9 17,732.9 6,332.1
Q2 7,673.1 (236.1) 16,925.6 16,415.1 486.9 4,786.4 7,096.4 17,576.6 5,884.9
Q3 7,578.8 276.7 17,691.7 17,183.6 484.5 4,943.0 7,352.6 18,200.2 6,053.1
Q4 6,954.2 1,150.1 18,123.6 17,561.7 536.4 5,930.9 6,904.8 18,913.0 5,467.4
2015 2
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)

Period NFA NCG CPS CCP CSLG RM M1 M2 PSDD


Q1 6,787.8 1,986.8 18,649.0 18,080.2 543.2 5,907.2 6,983.9 19,132.4 5,512.8
Q2 5,951.5 2,512.5 18,897.3 18,374.8 471.4 5,945.8 6,542.4 18,811.4 5,358.4
Q3 5,083.1 2,787.6 18,732.2 18,142.3 397.0 5,788.3 7,148.6 18,718.0 5,929.6
NFA Q4 5,653.3
= Net Foreign Assets, 2,893.2
NCG = Net Credit 18,719.3
to Government, CPS = Credit to18,109.9 583.8
Private Sector, CCP = Credit to Core5,812.7 8,571.7
Private Sector, CSLG 20,029.8
= Credit to States 7,115.6 RM = Reserve M
& Local Governments,
M1 = Narrow Money, M2 = Broad Money Supply, PSDD = Private Sector Demand Deposits, Reserves = DMBs' Deposits with CBN, CIC = Currency in Circulation
1
Revised
2
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
Reserves CIC

0.7 2.3
0.6 2.3
0.7 1.4
0.7 4.3

0.5 4.2
0.7 4.2
1.0 4.3
1.1 4.7

1.3 4.6
0.7 4.6
0.5 4.9
0.8 5.3

1.0 5.2
0.8 4.0
0.9 5.1
0.6 5.3

0.9 4.9
0.9 4.8
0.8 4.9
0.3 5.4

0.6 5.3
0.6 5.2
0.6 5.3
Reserves CIC
1.0 5.7

0.8 5.3
0.7 5.3
1.0 5.6
1.6 6.9

1.1 7.0
1.1 7.5
0.9 8.2
1.5 10.2

1.3 10.8
1.5 11.2
0.7 11.6
1.1 10.7

1.2 11.8
1.7 12.6
1.6 13.0
2.1 16.2

2.8 16.7
0.9 17.8
5.5 19.4
4.5 25.3
Reserves CIC

2.6 24.9
3.0 27.7
4.2 31.8
31.6 39.7

45.1 42.9
46.4 47.9
46.6 55.4
42.0 62.6

81.7 57.9
58.8 59.8
54.8 72.2
42.1 96.2

49.8 91.1
59.4 93.6
81.3 95.3
53.8 113.9

59.1 106.9
62.5 108.3
55.7 110.8
52.5 126.0

41.1 119.3
40.3 118.7
41.1 122.9
45.3 144.8
Reserves CIC

42.6 137.7
46.6 141.7
51.3 143.9
44.5 172.4

64.2 170.9
73.2 169.9
65.3 165.9
74.9 208.6

88.6 197.8
96.1 204.0
120.4 234.2
97.4 310.5

136.7 320.3
133.6 340.9
150.6 344.2
142.4 403.5

273.0 371.1
241.9 354.4
256.8 372.0
128.4 463.2
Reserves CIC

175.7 435.1
208.7 445.2
207.6 434.6
186.4 502.3

168.5 466.5
198.2 456.3
192.5 458.0
186.5 545.8

223.8 512.8
253.0 494.9
295.2 513.4
120.4 642.4

165.2 563.7
194.8 602.8
200.8 615.1
195.6 779.3

113.8 727.4
143.3 715.0
245.0 722.3
234.5 960.8

308.2 891.8
599.5 918.3
270.8 976.4
393.8 1,155.3
Reserves CIC

346.3 1,037.8
284.9 1,006.6
230.1 1,031.9
472.3 1,181.5

724.4 1,086.5
471.5 1,063.6
218.9 1,125.4
467.6 1,378.1

289.5 1,416.4
711.1 1,354.0
565.9 1,342.4
1,218.0 1,566.0

1,094.8 1,432.8
1,148.2 1,363.7
1,769.0 1,348.8
2,072.8 1,631.7

2,403.0 1,508.5
1,810.6 1,425.5
3,175.9 1,474.0
3,313.8 1,776.4

3,091.8 1,574.0
3,289.6 1,496.7
3,395.1 1,547.9
4,133.0 1,798.0
Reserves CIC
4,088.8 1,818.4
4,383.4 1,562.3
4,150.8 1,637.5
3,954.8Money,
Governments, RM = Reserve 1,857.9
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Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables 1985 1986 1987 1988 1989 1990 1991 1992 1993
M2
Actual 12.44 4.23 22.92 34.99 3.54 45.92 27.43 47.53 53.76
Target * * * * * * 19.80 26.80 18.00
M1
Actual 11.05 -2.29 12.06 46.31 18.16 49.06 27.88 51.72 56.32
Target 6.50 7.80 11.80 15.00 14.60 13.00 14.60 24.30 20.00
NDC
Actual 7.63 9.83 16.62 24.18 -32.49 57.30 40.36 109.38 64.08
Target 7.20 8.70 4.40 8.10 9.50 13.50 10.60 13.20 17.50
NCG
Actual 6.27 -3.80 13.79 31.88 -74.91 209.40 74.01 129.93 103.23
Target 7.10 5.90 1.50 2.50 8.30 10.90 0.00 7.70 14.50
CPS
Actual 9.64 29.43 19.63 16.35 16.38 19.54 18.74 90.02 19.47
Target 7.40 12.80 8.40 13.30 10.70 15.80 16.40 17.70 20.00
Real GDP1
Actual 8.52 1.90 0.17 6.23 6.66 11.63 -0.55 2.19 1.57
Target 1.00 ** ** ** ** ** 8.30 4.50 3.50
Inflation
Actual 1.0 13.7 9.7 61.2 44.7 3.6 23.0 48.8 61.3
Target 30.00 *** *** *** *** *** 13.00 5.00 25.00
Source: Central Bank of Nigeria & National Bureau of Statistics
Notes: 1Real GDP growth rates are re-computed based on the 2010 constant basic prices. The rebased new GDP classification comprises 46 activity sectors.
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
*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
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Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables 1994 1995 1996 1997 1998 1999
M2
Actual 34.50 19.41 16.18 16.04 22.32 33.12
Target 14.80 10.10 16.80 15.00 15.60 10.00
M1
Actual 42.64 18.90 12.93 18.09 18.60 23.39
Target 21.40 9.40 14.50 13.50 10.20 4.10
NDC
Actual 56.44 8.03 -21.77 -1.40 40.07 23.32
Target 9.40 11.30 12.00 24.80 24.50 18.30
NCG
Actual 55.60 -8.72 -58.00 -58.03 201.81 26.36
Target 0.00 5.60 0.00 0.00 0.00 10.20
CPS
Actual 58.07 39.97 23.30 22.60 16.61 22.18
Target 32.20 21.90 29.50 45.40 33.90 19.90
Real GDP1
Actual 0.26 1.87 4.05 2.89 2.50 0.52
Target ** 4.00 5.00 5.50 4.00 3.00
Inflation
Actual 76.8 51.6 14.3 10.2 11.9 0.2
Target *** 15.00 30.00 15.00 9.00 9.0
Source: Central Bank of Nigeria & National Bureau of Statistics
Notes: 1Real GDP growth rates are re-computed based on the 2010 constant basic prices. The rebased new GDP classification comprises 46 activity sectors.
2
Revised
Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables 2000 2001 2002 2003 2004 2005 2006 2007 2008
M2
Actual 48.07 27.00 21.55 24.11 14.02 24.35 43.09 44.24 57.78
Target 14.60 12.20 15.30 15.00 16.00 15.00 27.00 24.10 35.00
M1
Actual 62.24 28.06 15.86 29.52 8.58 29.66 32.18 36.64 55.87
Target 9.80 4.30 12.40 13.80 13.40 11.40 - - -
NDC
Actual -25.32 79.87 56.59 35.70 11.99 14.51 -69.12 279.44 84.20
Target 27.80 15.80 57.90 25.70 22.50 22.50 -72.30 -29.90 19.80
NCG
Actual -170.13 95.16 6,320.55 58.43 -17.94 -36.99 -732.74 -22.30 -31.21
Target 37.80 2.60 96.60 -150.30 29.90 -10.90 - - -54.57
CPS
Actual 30.93 43.46 11.79 26.81 26.61 30.82 32.06 91.62 59.49
Target 21.90 22.80 34.90 32.30 22.00 22.00 30.00 30.00 36.10
Real GDP1
Actual 5.52 6.67 14.60 9.50 10.44 7.01 6.73 7.32 7.20
Target 3.00 5.00 5.00 5.00 5.00 5.00 7.00 10.00 10.00
Inflation
Actual 14.5 16.5 12.2 23.8 10.0 11.6 8.5 6.6 15.1
Target 9.0 7.0 9.3 9.0 10.0 10.0 9.0 9.0 9.0
Source: Central Bank of Nigeria & National Bureau of Statistics
Notes: 1Real GDP growth rates are re-computed based on the 2010 constant basic prices. The rebased new GDP classification comprises 46 activity sectors.
2
Revised
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Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables 2009 2010 2011 2 2012 2 2013 2 2014 3 2015 3
M2
Actual 17.60 6.91 15.43 16.39 1.32 7.20 5.90
Target 20.80 29.25 13.75 24.64 15.20 14.52 15.24
M1
Actual 3.29 11.05 21.54 9.59 -5.23 -11.10 24.14
Target 32.20 22.40 - - - - -
NDC
Actual 59.88 8.09 54.76 -3.46 14.47 13.73 12.13
Target 87.00 55.50 27.69 52.17 23.58 28.50 29.30
NCG
Actual 25.92 43.49 22.60 -138.04 32.50 1.89 151.56
Target 21.90 51.36 29.29 61.47 44.22 58.54 36.05
CPS
Actual 26.80 -3.81 44.28 6.83 6.86 12.13 3.29
Target 45.00 31.54 23.34 47.50 17.52 15.85 26.06
Real GDP1
Actual 8.35 9.54 5.31 4.21 5.49 6.22 2.79
Target 8.90 6.10 7.40 7.30 6.44 7.02 7.24
Inflation
Actual 13.9 11.8 10.3 12.0 7.96 7.98 9.55
Target 8.2 11.2 12.0 9.5 9.87 7.50 8.00
Source: Central Bank of Nigeria & National Bureau of Statistics
Notes: 1Real GDP growth rates are re-computed based on the 2010 constant basic prices. The rebased new GDP classification comprises 46 activity sectors.
2
Revised
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Table A.1.4: Consolidated Bankers' Clearing House Statistics
Number of Number of Amount Daily Average
Working Cheques (N' Billion)
Period Days Cleared No. of Amount
Cheques (N' Billion)
1981 244 2,561,607 19.4 10,520 0.08
1982 245 2,403,235 20.3 9,817 0.08
1983 247 2,164,534 18.7 8,757 0.08
1984 248 2,614,286 16.3 10,552 0.07
1985 247 2,803,920 13.8 11,339 0.06
1986 248 3,535,360 25.0 14,254 0.10
1987 246 4,951,035 26.7 20,110 0.11
1988 244 4,900,697 56.2 20,126 0.23
1989 247 4,682,186 54.8 18,963 0.22
1990 245 5,066,202 57.8 20,689 0.24
1991 245 5,652,178 124.9 23,097 0.51
1992 247 7,358,580 170.2 29,742 0.69
1993 225 5,151,561 205.4 22,882 0.91
1994 248 4,910,565 310.2 19,840 1.25
1995 247 4,826,155 466.6 19,520 1.89
1996 250 4,050,401 406.3 16,226 1.63
1997 250 3,665,107 391.9 14,660 1.57
1998 249 7,754,672 1,198.6 31,112 4.81
1999 250 8,620,745 1,413.1 34,516 5.66
2000 249 10,297,889 2,095.5 41,377 8.42
2001 251 10,193,442 2,256.4 40,631 8.99
2002 252 5,339,419 2,325.7 21,188 9.23
2003 248 12,526,643 8,928.4 50,511 36.00
2004 256 13,997,898 10,996.0 54,679 42.95
2005 1 248 14,638,511 13,915.4 59,026 56.11
2006 247 14,927,414 16,492.1 60,435 66.77
2007 246 19,895,613 28,111.2 80,876 114.27
2008 251 30,172,925 43,357.4 120,211 172.74
2009 251 29,159,780 29,391.0 116,174 117.10
2010 251 33,973,919 19,675.5 135,354 78.39
2011 249 37,718,585 22,302.6 151,480 89.57
2012 248 12,045,833 7,461.6 48,572 30.09
2013 248 14,145,839 7,674.9 57,040 30.95
2014 248 15,365,565 7,269.1 61,958 29.31
Q1 62 3,513,788 1,894.1 56,674 30.55
Q2 61 3,630,552 1,816.6 59,517 29.78
Q3 64 4,390,807 1,802.3 68,606 28.16
Q4 61 3,830,418 1,756.2 62,794 28.79
2015 247 13,466,461 6,195.5 54,520 25.08
Q1 62 3,252,015 1,654.3 52,452 26.68
Q2 61 3,155,492 1,540.4 51,729 25.25
Q3 62 3,657,313 1,499.0 58,989 24.18
Q4 62 3,401,641 1,501.8 54,865 24.22
Source: Central Bank of Nigeria
Notes:
Clearing House activities commenced in 1965
Return to Menu
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)

ASSETS 1981 1982 1983 1984 1985 1986 1987


RESERVES 1.4 2.0 1.3 1.0 0.8 1.5 2.2
Currency 0.5 0.5 0.5 0.5 0.5 0.5 0.6
Deposits with CBN: 0.9 1.5 0.8 0.6 0.3 1.0 1.6
Reserve Requirements - - - - - - -
Current Accounts 0.9 1.5 0.8 0.6 0.3 1.0 1.6
Stabilization Securities - - - - - - -

Shortfall/excess credit/others - - - - - - -

FOREIGN ASSETS 0.3 0.2 0.3 0.4 0.4 2.2 3.0


Claims on Non-resident Banks: 0.3 0.2 0.3 0.4 0.4 1.6 3.0
Balances held with banks outside Nigeria 0.2 0.2 0.3 0.4 0.4 1.5 2.7
Balances held with offices and branches outside Nigeria 0.0 0.0 0.0 0.0 0.0 0.2 0.3
Loans & Advances to Banks outside Nigeria 0.0 - - - - - -
Bills Discounted Payable outside Nigeria 0.0 0.0 0.0 0.0 0.0 0.6 0.0

CLAIMS ON CENTRAL GOVERNMENT 1.8 2.8 5.1 8.7 10.3 4.4 7.6
Treasury Bills 0.9 2.2 4.4 7.3 8.0 3.1 5.3
Treasury Certificates 0.9 0.6 0.8 1.4 2.3 1.4 2.3
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 8.8 10.5 10.8 11.3 12.3 15.6 17.7
Loans & Advances to Other Customers 8.2 9.9 10.3 10.8 11.7 14.8 16.5
Loans & Advances to Nigeria Banks Subsidiaries - 0.0 - - - - -
Bills Discounted from non-bank sources - - - - - - -
Investments: 0.6 0.6 0.6 0.5 0.6 0.8 1.1
Ordinary Shares - - - - - - -
Preference Shares - - - - - - -
Debentures - - - - - - -
Subsidiaries - - - - - - -
Other investments 0.6 0.6 0.6 0.5 0.6 0.8 1.1
Commercial papers - - - - - - -
Bankers Acceptances - - - - - - -
Factored Debt - - - - - - -
Advances under Lease - - - - - - -

CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - - - - - -

UNCLASSIFIED ASSETS 7.2 7.1 9.1 8.6 8.2 15.9 19.4


Fixed Assets - - - - - - -
Domestic Inter-Bank Claims: 1.0 0.8 1.5 1.1 0.8 1.4 2.7
Bills Discounted from Banks in Nigeria 0.1 0.1 0.1 0.0 0.0 0.1 0.2
Money at call with Banks 0.3 0.3 0.7 0.6 0.4 0.6 0.7
Inter-bank Placements - - - - - - -
Balances held with banks in Nigeria 0.6 0.4 0.7 0.4 0.4 0.6 1.7
Loans & Advances to other Banks in Nigeria 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Checks for Collection - - - - - - -
Money at call outside banks - - - - - - -
Certificates of Deposit - - - - - - -
Placement with Discount Houses - - - - - - -
Other Assets: 6.3 6.4 7.6 7.5 7.3 14.5 16.7
Receivables - - - - - - -
Pre-payments - - - - - - -
Bills Payable - - - - - - -
Suspense - - - - - - -
Sundry Debtors - - - - - - -
FEM - - - - - - -
CBN naira Depreciation - - - - - - -
NDIC - - - - - - -
Miscellaneous 6.3 6.4 7.6 7.5 7.3 14.5 16.7
TOTAL ASSETS 19.5 22.7 26.7 30.1 32.0 39.7 49.8

Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001
1988 1989 1990 1991 1992 1993 1994
2.2 2.1 4.8 13.7 27.1 40.2 47.1
0.8 1.0 1.3 2.2 2.9 4.7 5.5
1.4 1.1 3.5 11.5 24.2 35.5 41.6
- - - - 3.3 6.7 8.4
1.4 1.1 2.5 5.0 6.1 3.5 11.5
- - 1.0 6.6 14.7 25.3 21.7

- - - - - - -

4.8 7.5 6.6 10.4 19.4 24.9 17.9


4.8 7.4 6.6 10.4 19.4 24.9 17.8
4.2 6.7 5.6 1.1 16.5 23.4 15.5
0.6 0.7 1.0 9.3 2.9 1.4 2.3
- - - - - - -
0.0 0.0 0.0 0.0 - 0.0 0.0

7.3 3.6 8.7 6.8 5.9 29.8 39.2


5.3 2.5 7.7 6.3 5.2 28.9 38.3
2.0 1.1 1.0 0.6 0.3 0.7 0.6
- - - - 0.0 0.0 -
- - - - 0.3 0.3 0.3
- - - - - - -

- - - - 1.3 1.5 1.9


- - - - 1.1 1.2 1.6
- - - - 0.2 0.3 0.3

19.7 22.3 26.6 30.5 41.2 48.2 92.0


19.5 21.3 25.2 29.9 38.8 42.6 84.7
- - - - - - -
- - - - 0.0 0.0 0.1
0.3 1.0 1.4 0.6 1.2 1.7 1.5
- - - - 0.5 0.1 0.4
- - - - 0.0 0.0 0.2
- - - - 0.3 0.6 0.3
- - - - 0.2 0.0 0.1
0.3 1.0 1.4 0.6 0.2 0.9 0.6
- - - - 0.4 1.9 2.3
- - - - 0.1 1.0 2.0
- - - - - - -
- - - - 0.7 1.0 1.3

- - - - - - -

24.0 29.4 36.4 56.1 64.3 81.5 96.9


- - - - 8.0 10.6 18.7
3.1 1.9 3.2 4.6 14.9 20.7 25.5
0.4 0.3 0.3 0.4 0.7 0.7 0.9
0.2 - 0.0 - 7.6 2.6 1.7
- - - - 0.5 3.2 3.3
2.5 1.0 2.4 2.7 4.5 5.5 13.2
- 0.5 0.6 1.4 1.6 0.2 0.4
- - - - - 8.6 6.0
- - - - 0.0 0.5 -
- - - - 0.5 0.1 0.3
- - - - - - 4.7
21.0 27.5 33.1 51.5 40.9 49.6 47.9
- - - - 8.1 6.1 4.4
- - - - 1.8 3.7 2.6
- - - - 0.7 - -
- - - - 19.3 3.1 10.7
- - - - 0.9 - -
- - - - 2.2 - -
- - - - 2.8 - -
- - - - 0.1 - -
21.0 27.5 33.1 51.5 4.9 36.6 30.1
58.0 64.9 83.0 117.5 159.2 226.2 295.0
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)

ASSETS 1995 1996 1997 1998 1999 2000 2001


RESERVES 54.1 62.7 64.6 62.7 118.5 167.6 319.0
Currency 7.1 9.9 14.1 15.5 21.9 35.0 64.8
Deposits with CBN: 47.0 52.8 50.5 47.1 96.6 132.7 254.2
Reserve Requirements 10.9 16.9 22.7 27.7 62.0 77.8 125.3
Current Accounts 6.8 9.9 15.3 19.1 34.6 54.9 94.4
Stabilization Securities 29.3 26.0 12.4 0.3 0.0 - -
CBN Bills - - - - - - 34.5
Shortfall/excess credit/others - - - - - - -

FOREIGN ASSETS 57.3 47.6 53.3 75.1 135.2 194.6 305.0


Claims on Non-resident Banks: 57.3 47.6 53.3 75.1 135.2 194.6 305.0
Balances held with banks outside Nigeria 50.8 43.8 46.9 41.8 87.5 132.1 250.7
Balances held with offices and branches outside Nigeria 6.5 3.8 6.4 33.4 47.7 62.4 54.3
Loans & Advances to Banks outside Nigeria - - - - - - -
Bills Discounted Payable outside Nigeria - - 0.0 0.0 0.0 0.0 0.0

CLAIMS ON CENTRAL GOVERNMENT 20.8 47.5 39.6 49.1 188.6 278.1 208.3
Treasury Bills 17.7 46.8 37.9 47.2 186.1 275.8 199.3
Treasury Certificates 0.3 0.0 0.0 - 0.4 - -
Development Stocks 2.5 0.5 1.5 1.6 1.6 1.6 3.7
Loans & Advances to Central Government 0.2 0.3 0.2 0.3 0.4 0.8 5.3
Bankers Unit Fund - - - - - - -

CLAIMS ON STATE & LOCAL GOVERNMENT 2.7 3.3 2.4 0.8 2.1 7.5 26.8
Loans & Advances to State Government 2.4 3.0 2.1 0.7 1.7 6.9 24.9
Loans & Advances to Local Government 0.2 0.3 0.3 0.2 0.4 0.6 1.9

CLAIMS ON OTHER PRIVATE SECTOR 141.7 171.6 238.2 271.7 350.6 480.0 817.7
Loans & Advances to Other Customers 122.8 153.2 214.8 244.7 311.7 429.3 714.5
Loans & Advances to Nigeria Banks Subsidiaries - 0.1 0.0 - - - -
Bills Discounted from non-bank sources 0.5 0.0 0.1 0.3 0.2 0.0 0.1
Investments: 2.2 2.5 3.5 4.2 5.2 7.9 15.9
Ordinary Shares 0.0 0.4 0.5 1.0 0.8 2.7 6.5
Preference Shares 0.6 0.1 0.1 0.1 2.0 0.0 0.1
Debentures 0.4 0.2 0.9 0.9 0.1 1.1 1.5
Subsidiaries 0.2 0.4 0.4 1.7 1.4 1.6 2.2
Other investments 1.0 1.3 1.5 0.6 1.0 2.5 5.7
Commercial papers 7.8 2.3 10.6 5.2 17.8 16.0 35.3
Bankers Acceptances 6.8 12.0 7.2 12.7 8.5 24.7 30.8
Factored Debt 0.0 - - - - - -
Advances under Lease 1.6 1.6 2.1 4.7 7.2 2.0 21.1

CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - - - - - -

UNCLASSIFIED ASSETS 108.7 126.0 186.3 235.1 275.0 441.0 570.3


Fixed Assets 27.2 34.1 43.7 55.3 75.0 103.4 153.9
Domestic Inter-Bank Claims: 31.6 27.5 51.8 54.7 69.8 123.2 139.4
Bills Discounted from Banks in Nigeria 0.2 0.7 0.2 0.0 0.1 0.0 0.0
Money at call with Banks 1.0 1.8 9.0 0.7 2.4 6.2 4.9
Inter-bank Placements 4.6 2.8 9.1 12.8 15.3 34.8 37.8
Balances held with banks in Nigeria 20.9 17.0 24.4 24.2 40.3 40.7 60.0
Loans & Advances to other Banks in Nigeria 0.3 0.8 0.5 0.5 0.3 0.2 0.4
Checks for Collection 4.6 4.4 8.7 16.5 11.4 41.3 36.2
Money at call outside banks - - - - - - -
Certificates of Deposit 0.0 0.0 - - - - -
Placement with Discount Houses 3.4 10.0 11.3 41.2 41.3 85.1 97.7
Other Assets: 46.5 54.3 79.4 83.9 89.0 129.3 179.4
Receivables 8.5 8.9 9.8 13.9 20.8 26.0 31.1
Pre-payments 4.7 5.1 5.5 8.1 10.8 18.9 23.6
Bills Payable - - - - - - -
Suspense 4.8 2.7 4.7 4.8 6.4 40.2 24.1
Sundry Debtors - - 0.6 0.6 0.0 6.4 42.3
FEM - 0.2 1.7 2.2 - - -
CBN naira Depreciation - - - - - - -
NDIC - - - - - - -
Miscellaneous 28.5 37.6 57.1 54.3 50.9 37.7 58.2
TOTAL ASSETS 385.1 458.8 584.4 694.6 1,070.0 1,568.8 2,247.0

Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001
2002 2003 2004 2005 2006 2007 2008
321.5 362.4 364.2 515.2 670.5 659.6 910.7
76.2 90.1 87.2 79.2 128.3 222.9 262.7
245.3 272.3 186.5 120.4 542.2 436.7 648.0
139.7 152.3 158.0 101.1 206.5 148.1 150.7
105.3 120.0 28.5 19.3 307.5 254.0 453.8
- - - - - 7.5 3.4
0.3 - - - 10.6 5.6 0.0
- - (90.5) (315.7) 17.5 21.6 40.1

398.2 437.7 481.3 463.2 1,358.3 930.7 1,506.8


398.2 437.7 481.3 463.2 1,358.3 930.7 1,506.8
350.4 378.4 405.7 415.7 1,232.4 888.3 1,459.2
47.8 59.3 75.6 47.5 125.9 42.4 47.7
- - - - - - -
0.0 0.0 0.0 0.0 0.0 0.0 -

467.5 378.2 609.1 630.8 993.5 1,960.4 1,717.1


460.2 338.1 572.4 511.9 653.4 1,264.3 749.3
- - - - - - 39.7
1.1 33.3 32.8 101.4 319.3 694.1 914.1
6.2 6.8 3.9 17.6 20.8 2.1 14.0
- - - - - - -

17.3 20.2 24.6 54.5 80.7 87.8 149.8


16.4 19.4 22.1 50.8 72.8 69.5 129.7
1.0 0.9 2.5 3.8 7.9 18.2 20.0

931.1 1,183.0 1,494.6 1,936.6 2,528.6 4,732.9 7,649.6


805.3 1,012.4 1,278.6 1,584.5 2,096.3 3,861.5 6,051.7
- 0.1 0.2 - - 61.8 116.4
0.3 0.5 0.2 0.3 - - -
35.4 62.9 72.8 88.4 141.6 292.3 480.7
10.9 24.6 32.0 31.8 75.8 177.4 317.5
0.0 0.5 2.3 10.9 - - -
5.8 15.1 13.2 17.0 2.7 0.6 1.3
3.8 8.8 9.6 13.6 19.0 38.9 84.5
14.9 14.0 15.7 15.1 44.1 75.5 77.5
37.0 47.6 80.1 194.6 193.5 363.4 822.7
32.2 33.9 24.0 41.1 45.7 81.8 66.4
- - - - - - -
20.9 25.7 38.7 27.7 51.5 72.1 111.8

- - - - - - -

631.2 666.4 779.5 914.7 1,541.4 2,610.2 3,985.5


192.2 234.5 285.3 263.8 429.1 655.7 834.4
142.4 170.1 247.6 206.3 208.2 527.8 1,311.1
0.2 0.0 0.0 0.0 0.0 0.0 0.0
9.2 4.8 5.3 16.2 6.8 70.5 163.8
36.1 46.1 29.8 54.1 50.4 78.2 385.9
57.0 47.2 97.2 77.7 136.5 217.5 477.0
0.8 0.8 0.3 0.3 0.0 0.0 0.0
39.1 71.2 115.0 58.0 14.4 161.7 284.5
- - - - - - -
- - - - - 2.5 -
68.0 89.6 66.7 86.0 77.7 289.5 674.0
228.6 172.1 179.9 358.6 826.3 1,134.7 1,166.0
37.3 51.2 57.4 69.5 147.3 325.7 562.6
29.2 57.2 61.2 52.6 102.2 202.6 302.3
- - - - - - -
27.9 19.8 19.9 38.9 64.0 40.8 70.5
- 40.1 39.6 41.0 49.9 113.6 68.9
- - - 144.0 11.2 34.2 16.5
- - - - 22.7 21.0 14.1
- - - - 59.1 - -
134.1 3.8 1.8 12.6 0.2 136.4 131.2
2,766.9 3,047.9 3,753.3 4,515.1 7,172.9 10,981.7 15,919.6
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)

ASSETS 2009 2010 2011 2012 2013


RESERVES 521.8 531.4 1,222.5 1,847.2 3,197.6
Currency 254.3 295.8 320.9 330.2 328.8
Deposits with CBN: 267.5 235.6 901.6 1,517.1 2,868.8
[i] Reserve Requirements 87.0 95.6 770.1 1,338.8 2,270.4
[ii] Current Accounts 180.5 139.9 131.5 178.3 598.4
CLAIMS ON CENTRAL BANK 188.5 262.3 598.5 1,693.6 912.7
[i]Stabilization Securities 42.0 1.2 - - -
[ii] CBN Bills 54.4 209.9 534.0 1,631.6 529.4
[iii] Shortfall/excess credit/others 92.1 51.2 64.5 62.0 383.3

FOREIGN ASSETS 1,265.6 1,296.4 1,702.5 2,005.5 2,103.3


Claims on Non-resident Banks: 1,265.6 1,296.3 1,702.5 2,005.5 2,103.3
[i] Balances held with banks outside Nigeria 1,208.8 1,210.5 1,606.5 1,885.2 2,101.3
[ii] Balances held with offices and branches outside N 56.8 85.8 96.0 120.3 1.9
[iii] Loans & Advances to Banks outside Nigeria - - - - -
Bills Discounted Payable outside Nigeria 0.0 0.0 0.0 0.0 -

CLAIMS ON CENTRAL GOVERNMENT 1,826.7 2,377.9 3,162.4 2,233.5 3,528.6


Treasury Bills / Treasury Bills Rediscounted 585.4 925.3 1,458.3 640.8 2,393.6
Treasury Certificates - - - - -
FGN Bonds 1,229.0 1,448.1 1,697.7 1,591.8 1,134.4
Loans & Advances to Central Government 12.2 4.5 6.5 0.9 0.7
Bankers Unit Fund - - - - -

CLAIMS ON STATE & LOCAL GOVERNMENT 310.3 369.8 513.2 665.9 776.7
Loans & Advances to State Government 292.0 354.5 497.8 655.0 757.7
Loans & Advances to Local Government 18.3 15.3 15.4 10.9 19.0

CLAIMS ON OTHER PRIVATE SECTOR 9,357.6 8,828.4 9,101.2 9,775.1 10,767.0


Loans & Advances to Other Customers (Gross) 7,385.8 6,359.6 6,098.5 7,034.1 8,730.6
Loans & Advances to Nigeria Banks Subsidiaries 330.7 195.9 24.5 2.0 2.0
Bills Discounted from non-bank sources 50.0 0.1 3.1 3.4 1.9
Investments: 890.3 1,869.1 2,574.7 2,551.2 1,836.9
[i] Ordinary Shares 612.0 486.0 355.8 287.1 274.0
[ii] Preference Shares - - - - -
[iii] Debentures 27.6 56.6 74.8 46.7 55.8
[iv] Subsidiaries 156.0 156.3 226.0 207.8 239.2
[v] Other investments 94.8 1,170.3 1,918.0 2,009.6 1,267.9
Commercial papers 509.1 189.2 203.0 1.1 9.3
Bankers Acceptances 62.2 79.2 73.4 9.9 20.5
Factored Debt - - - - -
Advances under Lease 129.5 135.2 124.1 173.6 165.7

CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - - - -


Placement with Discount Houses - - - - -
UNCLASSIFIED ASSETS 4,052.4 3,665.4 3,096.3 3,067.4 3,015.4
Fixed Assets 1,034.9 1,110.4 1,169.8 1,240.6 1,263.9
Domestic Inter-Bank Claims: 1,322.5 1,097.1 543.8 407.2 533.0
[i] Bills Discounted from Banks in Nigeria 0.0 0.0 - - -
[ii] Money at call with Banks 244.9 140.1 116.4 72.3 208.4
[iii] Inter-bank Placements 843.9 763.9 208.9 124.5 164.4
[iv] Balances held with banks in Nigeria 160.6 117.5 121.0 67.5 85.1
[v] Loans & Advances to other Banks in Nigeria 0.0 0.0 0.0 0.0 0.0
[vi] Checks for Collection 73.1 75.6 97.6 142.9 75.0
Money at call outside banks - - - - -
Certificates of Deposit 50.5 - - 34.0 20.5
Placement with Discount Houses 242.9 256.9 246.2 229.5 57.4
Other Assets: 1,401.6 1,200.9 1,136.5 1,156.1 1,140.6
Receivables 545.7 700.7 620.9 609.8 583.5
Pre-payments 283.6 238.6 215.7 201.7 174.2
Bills Payable - - - - -
Suspense 62.8 30.1 46.7 72.7 142.6
Sundry Debtors 42.1 23.2 29.6 49.0 18.9
Goodwill and other intangible assets 17.1 17.1 133.6 122.1 137.1
unamortised reserves for loan looses allowed by CBN 188.4 - 4.1 3.9 -
domestic & foreign (miscellaneous) - - - - -
Treasury Bills for Liquidity Management - - - - -
Miscellaneous(others) 261.9 191.2 85.8 97.0 84.3
TOTAL ASSETS: 17,522.9 17,331.6 19,396.6 21,288.1 24,301.2
of which AMCON Bonds - 854.0 1,726.4 1,797.0 1,025.5
Return to Menu
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)
2014*** 2015*
ASSETS March June September December March June
RESERVES 3,352.1 3,458.0 3,363.0 4,457.6 4,401.2 4,680.9
Currency 287.0 284.3 247.7 359.4 346.0 377.1
Deposits with CBN: 3,065.1 3,173.7 3,115.2 4,098.2 4,055.2 4,303.8
[i] Reserve Requirements 2,720.5 2,939.7 2,758.3 3,571.9 3,863.2 4,060.1
[ii] Current Accounts 241.2 188.0 108.7 495.2 165.3 204.1
[ii] Other Deposit 103.4 46.0 248.3 31.2 26.7 39.5

CLAIMS ON CENTRAL BANK 398.0 396.0 535.1 476.1 534.5 683.2


[i] Stabilization Securities - - - - - -
[ii] CBN Bills 398.0 396.0 535.1 476.1 534.5 683.2
[iii] Shortfall/excess credit/others - - - - - -

FOREIGN ASSETS 2,177.2 2,204.7 2,093.5 2,053.3 2,170.1 1,738.9


Foregn Currency Holdings 75.9 68.4 79.3 109.0 173.1 212.9
Claims on Non-resident: 2,101.3 2,136.3 2,014.3 1,944.3 1,997.1 1,526.0
[i] Balances held with banks outside Nigeria 2,078.3 2,112.0 1,982.8 1,890.9 1,944.6 1,481.3
[ii] Balances held with offices and branches outside Nigeria 20.8 21.5 28.8 33.3 32.5 26.8
[iii] Loans & Advances to Banks outside Nigeria 2.2 2.8 2.7 20.1 19.9 17.8
Bills Discounted Payable outside Nigeria - - - - - -

CLAIMS ON CENTRAL GOVERNMENT 3,648.9 3,522.5 3,634.4 3,979.0 4,105.2 3,931.9


Treasury Bills 2,353.8 2,290.1 2,392.5 2,481.8 2,476.7 2,625.8
Treasury Certificates - - - - - -
Development Stocks /FGN Bonds 1,276.8 1,209.4 1,235.7 1,491.0 1,614.5 1,294.2
Loans & Advances to Central Government 18.2 23.0 6.2 6.3 14.1 12.0
Bankers Unit Fund - - - - - -

CLAIMS ON STATE & LOCAL GOVERNMENT 577.9 486.9 484.5 536.4 543.2 471.4
Loans & Advances to State Government 570.0 477.1 472.7 530.3 537.7 463.8
Loans & Advances to Local Government 8.0 9.8 11.7 6.0 5.5 7.6
State Bonds - - - - - -
Local Govt. Bond - - - - - -

CLAIMS ON PRIVATE SECTOR 11,186.6 11,681.8 12,449.3 12,643.2 13,087.9 13,241.5


Loans & Advances to Other Customers 9,438.5 9,847.6 10,575.0 11,569.5 12,027.6 12,192.7
Loans & Advances to Nigeria Banks Subsidiaries/Affilates 10.3 9.3 2.7 2.7 2.7 0.0
Bills Discounted from non-bank sources 0.3 1.1 0.5 1.7 0.8 0.4
Investments: 1,562.0 1,639.0 1,694.8 889.0 874.7 889.7
[i] (Ordinary Shares) Other Investment - Quoted 70.1 62.1 63.9 60.3 27.6 26.6
[ii] (Preference Shares) Other Investment - Unquoted 240.1 246.7 240.9 240.3 298.8 283.3
[iii] Debentures Corporate Bonds 122.9 156.6 152.8 143.6 136.3 139.3
[iv] Other Bonds 17.2 17.2 28.3 33.2 27.2 35.1
[v] Subsidiaries 307.0 310.3 318.0 313.0 301.4 303.2
[vi] Other investments (includes AMCON bonds effective Dec-10 749.5 764.3 801.2 - - -
[vii] Other investments (Promissory notes and other financial assets held) 55.3 81.8 89.7 98.4 83.4 102.1
Commercial papers 9.9 10.1 10.6 9.8 9.1 6.7
Bankers Acceptances 3.6 7.4 6.0 8.8 20.8 8.6
Factored Debt - - - - - -
Advances under Lease 161.9 167.3 159.7 161.8 152.1 143.4

FINANCIAL DERIVATIVES 6.7 4.9 8.2 19.1 44.9 32.1


Derivatives 6.7 4.9 8.2 19.1 44.9 32.1

UNCLASSIFIED ASSETS 3,224.5 3,353.9 3,384.3 3,316.8 3,777.2 3,574.0


Fixed Assets 1,276.3 1,297.8 1,315.8 1,344.6 1,365.2 1,376.4
Non Current Assets 3.4 31.2 34.5 44.4 30.8 31.8
Domestic Inter-Bank Claims: 546.3 592.4 635.3 529.1 732.3 588.7
[i] Bills Discounted from Banks in Nigeria - - - - - -
[ii] Money at call with Banks 70.2 56.9 77.8 39.2 113.1 57.3
[iii] Inter-bank Placements 378.0 449.1 469.3 391.3 524.1 400.7
[iv] Balances held with banks in Nigeria 36.9 29.8 26.9 32.6 31.4 71.7
[v] Loans & Advances to other Banks in Nigeria 11.0 7.2 11.2 12.3 9.6 9.1
[vi] Cheques for Collection 50.2 49.4 50.2 53.7 54.1 49.9
Money at call outside banks - - - - - -
Certificates of Deposit 9.0 51.5 30.6 51.0 27.9 38.7
Placement with Discount Houses 71.5 32.1 43.1 37.9 57.5 33.9
Other Assets: 1,318.0 1,349.0 1,325.1 1,309.9 1,563.6 1,504.6
Receivables 589.5 622.0 598.0 690.3 824.3 663.5
Pre-payments 263.5 261.2 214.6 144.7 234.3 276.7
Suspense 124.1 98.9 137.5 92.3 104.1 126.9
Sundry Debtors Deferred Tax Assets 195.3 218.2 218.4 218.1 219.2 224.9
Goodwill and other intangible assets 77.5 82.0 84.0 88.9 89.2 133.7
unamortised reserves for loan looses allowed by CBN 0.4 1.9 1.9 2.2 2.2 2.3
Foreign Inward Transfer - 0.0 10.9 9.9 10.4 10.9
domestic & foreign (miscellaneous) 67.7 64.6 59.6 63.4 79.9 65.8
Treasury Bills for Liquidity Management - - - - - -
Miscellaneous(others) - - - - - -

TOTAL ASSETS: 24,571.8 25,108.8 25,952.3 27,481.5 28,664.2 28,354.0

Source: Computed from Deposit Money Banks' Returns


Note: Effective March 2014, the DMBs figures are in compliance with IFRS
Note: ***Effective March 2014, the DMBs figures are in compliance with IFRS
2015***
September December
4,611.3 4,442.1
416.7 399.9
4,194.5 4,042.2
3,799.6 3,077.0
340.4 928.9
54.5 36.4

654.8 624.0
- -
654.8 624.0
- -

1,466.8 1,566.6
144.3 78.9
1,322.5 1,487.7
1,297.6 1,491.8
22.6 (6.3)
2.3 2.2
- -

4,253.0 4,524.1
2,372.0 2,480.3
- -
1,866.0 2,035.9
15.0 7.8
- -

397.0 583.8
392.4 580.6
4.6 3.3
- -
- -

12,965.9 12,984.7
11,783.5 11,583.1
0.0 0.0
0.6 1.7
1,025.2 1,223.2
16.0 18.6
291.3 304.0
158.8 154.5
32.7 34.8
307.5 310.8
- -
218.9 400.4
4.9 6.3
6.7 28.4
- -
145.1 142.0

39.5 25.1
39.5 25.1

3,725.6 3,367.1
1,425.1 1,441.7
4.0 5.9
609.0 459.4
- -
146.4 43.8
364.1 304.2
86.3 99.1
8.1 10.9
4.0 1.4
- -
63.7 75.7
14.5 9.7
1,609.2 1,374.7
790.3 757.7
215.3 137.5
183.7 78.7
228.1 236.2
116.6 113.9
2.2 2.2
17.4 8.0
55.7 40.5
- -
- -

28,113.9 28,117.6
Return to Menu
Tables A.2.1.2: Commercial Banks' Statement of Assets/Liabilities - Liabilities (N' Billion)

LIABILITIES 1981 1982 1983 1984 1985 1986 1987 1988


DEMAND DEPOSITS 4.9 5.2 5.9 6.3 7.0 6.6 8.0 10.7
Private Sector Deposits 4.9 5.2 5.9 6.3 7.0 6.6 8.0 10.7
State Government Deposits - - - - - - - -
Local Government Deposits - - - - - - - -

TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS 5.8 6.8 8.1 9.4 10.6 11.5 15.1 18.4
Time Deposits: 3.8 4.5 5.2 6.0 6.9 7.2 9.9 11.3
Private Sector Deposits 3.8 4.5 5.2 6.0 6.9 7.2 9.9 11.3
State Government Deposits - - - - - - - -
Local Government Deposits - - - - - - - -
Savings Deposits: 2.0 2.3 2.9 3.4 3.7 4.3 5.2 7.1
Private Sector Deposits 2.0 2.3 2.9 3.4 3.7 4.3 5.2 7.1
State Government Deposits - - - - - - - -
Local Government Deposits - - - - - - - -
Foreign Currency Deposits: - - - - - - - -
Domiciliary Accounts - - - - - - - -
Other Deposits: - - - - - - - -
MONEY MARKET INSTRUMENTS: 0.0 0.1 0.1 0.0 0.0 0.0 0.1 0.1
Certificate of Deposit Issued 0.0 0.1 0.1 0.0 0.0 0.0 0.1 0.1
Notes & Deposit (Cash) certificates - - - - - - - -

BONDS - - - - - - - -
Debentures - - - - - - - -
Notes & Deposit (Cash) certificates - - - - - - - -

FOREIGN LIABILITIES: 0.1 0.2 0.3 0.1 0.3 0.8 0.9 0.3
Balance Held for offices and branches Abroad 0.0 0.0 0.0 0.0 0.1 0.4 0.2 0.2
Balance held for banks outside Nigeria 0.1 0.2 0.3 0.1 0.1 0.4 0.6 0.1
Money at call with foreign banks - - - - 0.0 - - -
Loans & Advances from other banks outside Nigeria - - - - 0.0 0.0 - -

CENTRAL GOVERNMENT DEPOSITS - - - - - - - -


Federal Government Time Deposits - - - - - - - -
Federal Government Demand Deposits - - - - - - - -
Federal Government Savings Deposits - - - - - - - -

CREDIT FROM CENTRAL BANK - - - 0.1 - - 0.0 0.1


Loans & Advances from CBN - - - 0.1 - - 0.0 0.1
CBN Overdrafts to banks - - - - - - - -

CAPITAL ACCOUNTS: 0.5 0.7 0.8 1.0 1.1 1.3 1.5 1.9
Capital 0.5 0.7 0.8 1.0 1.1 1.3 1.5 1.9
Reserve Fund - - - - - - - -
Reserves for Depreciation & non-performing assets - - - - - - - -
Loans & Advances from Federal and State Govt - - - - - - - -
Total loans /lease loss provision - - - - - - - -

UNCLASSIFIED LIABILITIES: 8.2 9.6 11.5 13.2 13.0 19.4 24.2 26.5
Inter-bank liabilities 0.3 0.3 0.3 0.5 0.2 0.4 1.2 1.2
Balances held for banks in Nigeria 0.1 0.1 0.1 0.2 0.1 0.2 0.5 0.6
Money at call from banks in Nigeria 0.1 0.1 0.1 0.3 0.1 0.2 0.4 0.5
Inter-bank takings - - - - - - - -
Uncleared effects - - - - - - - -
Loans & Advances from other banks in Nigeria - - - - 0.0 0.0 0.0 0.0
Bankers payments - - - - - - - -
Loans & Advances from Other creditors 0.1 0.1 0.1 - 0.1 0.1 0.2 0.1
Letters of Credit - - - - - - - -
Takings from Discount Houses - - - - - - - -
Other Liabilities: 7.8 9.3 11.3 12.7 12.8 18.9 23.0 25.3
Accounts Payables - - - - - - - -
Suspense Account - - - - - - - -
Provision for Tax Payments - - - - - - - -
Sundry Creditors - - - - - - - -
Forex Awaiting Cover - - - - - - - -
Exchange Differential - - - - - - - -
Provision for Bad Debt - - - - - - - -
FEM - - - - - - - -
Miscellaneous 7.8 9.3 11.3 12.7 12.8 18.9 23.0 25.3

TOTAL LIABILITIES: 19.5 22.7 26.7 30.1 32.0 39.7 49.8 58.0
Source: Computed from Deposit Money Banks' Returns
Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001
1989 1990 1991 1992 1993 1994
10.2 15.6 22.0 33.3 49.9 65.3
10.2 15.6 22.0 31.1 48.2 63.5
- - - 1.3 0.9 1.1
- - - 0.9 0.8 0.7

17.0 23.2 30.4 41.8 60.5 77.2


7.7 10.2 11.0 15.7 23.5 25.9
7.7 10.2 11.0 13.3 22.9 25.1
- - - 2.0 0.4 0.6
- - - 0.4 0.2 0.1
9.2 13.0 19.4 26.1 37.1 49.6
9.2 13.0 19.4 26.0 36.8 49.3
- - - 0.0 0.1 0.2
- - - 0.0 0.1 0.1
- - - - - 1.7
- - - - - 1.7
- - - - - -
0.2 0.2 0.1 0.2 0.3 0.1
0.2 0.2 0.1 0.2 0.3 0.1
- - - - - -

- - - 0.2 0.2 2.9


- - - 0.2 0.2 0.3
- - - - - 2.6

0.9 0.2 0.8 1.3 0.6 0.6


0.7 0.1 0.4 0.4 0.2 0.3
0.1 0.1 0.4 0.8 0.2 0.3
0.0 0.0 - 0.0 0.2 -
0.0 - 0.0 0.1 0.0 -

- - - 1.0 2.0 1.6


- - - 0.5 0.3 0.3
- - - 0.4 1.6 0.9
- - - 0.2 0.0 0.3

0.1 0.1 0.1 0.1 0.0 9.7


0.1 0.1 0.1 - - 0.0
- - - 0.1 0.0 9.6

2.7 3.7 4.3 26.5 29.6 32.1


2.7 3.7 4.3 3.8 4.4 5.4
- - - 4.2 1.0 0.9
- - - 18.5 21.7 24.1
- - - 0.0 2.5 1.7
- - - - - -

33.8 39.9 59.8 54.9 83.0 105.6


1.8 3.0 1.6 2.6 18.5 14.9
0.4 0.6 0.6 0.5 1.3 0.9
0.9 1.8 0.3 1.5 0.3 0.1
- - - 0.6 0.6 0.6
- - - - 13.3 9.3
0.3 0.6 0.7 - - 0.1
- - - - 3.0 4.0
0.2 - 0.1 0.0 - 0.1
- - - - 3.7 3.6
- - - - 7.2 0.3
32.0 36.9 58.1 52.2 53.5 86.6
- - - 6.8 9.6 9.5
- - - 25.2 10.6 45.5
- - - 1.5 2.5 1.9
- - - 4.0 - -
- - - 2.1 - -
- - - 1.5 0.4 0.0
- - - 7.9 - 4.0
- - - 3.1 - -
32.0 36.9 58.1 0.1 30.5 25.8

64.9 83.0 117.5 159.2 226.2 295.0


Tables A.2.1.2: Commercial Banks' Statement of Assets/Liabilities - Liabilities (N' Billion) 1,000.0

LIABILITIES 1995 1996 1997 1998 1999 2000 2001


DEMAND DEPOSITS 79.5 95.9 128.2 142.3 202.2 345.0 448.0
Private Sector Deposits 76.0 93.3 122.5 132.0 185.6 308.3 425.6
State Government Deposits 2.6 1.7 4.6 7.5 13.5 26.8 19.6
Local Government Deposits 0.9 0.9 1.1 2.8 3.1 9.9 2.8

TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS 99.5 118.5 141.7 172.1 274.2 357.1 499.2
Time Deposits: 30.0 44.0 52.1 61.3 110.8 154.4 235.5
Private Sector Deposits 29.0 43.3 50.8 58.7 107.3 145.9 230.8
State Government Deposits 0.8 0.6 1.1 2.5 2.5 7.5 3.7
Local Government Deposits 0.2 0.1 0.2 0.1 1.0 1.0 1.0
Savings Deposits: 62.1 68.8 84.1 101.4 128.4 164.6 216.5
Private Sector Deposits 61.3 68.5 83.9 100.9 127.8 164.0 216.3
State Government Deposits 0.7 0.2 0.2 0.4 0.3 0.4 0.2
Local Government Deposits 0.1 0.1 0.1 0.1 0.3 0.3 0.1
Foreign Currency Deposits: 7.4 5.7 5.5 9.4 35.1 38.1 47.2
Domiciliary Accounts 7.4 5.7 5.5 9.4 35.1 38.1 47.2
Other Deposits: - - - - - - -
MONEY MARKET INSTRUMENTS: 0.0 0.5 0.0 0.0 0.1 0.6 26.0
Certificate of Deposit Issued 0.0 0.5 0.0 0.0 0.1 0.6 0.6
Notes & Deposit (Cash) certificates - - - - - - 25.4

BONDS 4.7 5.1 10.5 6.3 11.3 12.4 0.2


Debentures 0.8 0.5 0.8 0.5 0.4 0.3 0.2
Notes & Deposit (Cash) certificates 3.9 4.6 9.7 5.9 10.9 12.1 -

FOREIGN LIABILITIES: 0.6 0.3 0.4 2.1 5.2 14.9 17.2


Balance Held for offices and branches Abroad 0.0 0.0 0.0 0.0 4.3 0.4 3.6
Balance held for banks outside Nigeria 0.6 0.3 0.4 2.1 0.9 14.5 13.6
Money at call with foreign banks - - - - - - -
Loans & Advances from other banks outside Nigeria - - - - - - -

CENTRAL GOVERNMENT DEPOSITS 3.4 6.0 10.2 12.7 40.4 73.8 28.3
Federal Government Time Deposits 0.7 2.0 3.8 6.0 2.3 18.0 5.2
Federal Government Demand Deposits 2.2 3.4 5.2 6.3 37.9 49.7 22.0
Federal Government Savings Deposits 0.6 0.5 1.2 0.3 0.2 6.1 1.1

CREDIT FROM CENTRAL BANK 13.1 15.2 15.2 8.6 5.9 4.9 40.7
Loans & Advances from CBN 0.0 - 2.3 2.3 2.6 2.1 14.5
CBN Overdrafts to banks 13.1 15.2 12.9 6.3 3.3 2.8 26.2

CAPITAL ACCOUNTS: 43.2 55.6 73.9 101.4 142.0 196.7 364.3


Capital 6.5 8.7 17.7 25.6 31.5 44.2 75.2
Reserve Fund 4.5 4.6 5.7 25.6 39.4 58.7 97.2
Reserves for Depreciation & non-performing assets 30.2 40.3 49.9 49.5 70.6 93.4 138.2
Loans & Advances from Federal and State Govt 2.0 2.0 0.6 0.6 0.5 0.3 0.0
Total loans /lease loss provision - - - - - - 53.6

UNCLASSIFIED LIABILITIES: 141.2 161.7 204.3 249.3 388.8 563.5 823.1


Inter-bank liabilities 20.2 33.2 45.9 59.6 98.4 146.4 142.5
Balances held for banks in Nigeria 0.9 0.9 1.7 1.9 4.3 3.6 5.2
Money at call from banks in Nigeria 0.6 0.8 2.1 2.6 0.9 7.3 10.2
Inter-bank takings 0.5 0.9 3.7 3.3 12.7 23.0 34.5
Uncleared effects 11.4 20.2 28.7 38.6 64.2 87.5 52.4
Loans & Advances from other banks in Nigeria 0.5 - 0.0 - - - -
Bankers payments 6.2 10.5 9.7 13.1 16.2 25.0 40.1
Loans & Advances from Other creditors 1.4 0.6 1.6 0.4 1.7 4.0 8.6
Letters of Credit 24.7 8.3 11.0 11.2 10.6 17.3 35.3
Takings from Discount Houses 0.1 0.3 0.6 1.6 6.0 4.5 9.3
Other Liabilities: 94.8 119.2 145.2 176.6 272.2 391.2 627.3
Accounts Payables 14.3 16.1 26.7 26.5 49.3 53.4 69.7
Suspense Account 27.1 30.6 31.6 22.7 36.4 98.6 57.8
Provision for Tax Payments 2.0 2.6 3.4 4.2 5.8 7.0 45.0
Sundry Creditors - 0.0 1.6 0.5 0.1 - 93.1
Forex Awaiting Cover - - 0.1 0.0 - - -
Exchange Differential 0.9 0.8 2.3 4.6 6.5 - -
Provision for Bad Debt 6.7 4.9 5.0 2.2 2.6 1.7 45.0
FEM - - - - - - -
Miscellaneous 43.8 64.2 74.6 115.8 171.4 230.5 316.7

TOTAL LIABILITIES: 385.1 458.8 584.4 694.6 1,070.0 1,568.8 2,247.0


Source: Computed from Deposit Money Banks' Returns
Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001
2002 2003 2004 2005 2006 2007 2008
503.9 577.7 728.6 946.6 1,497.9 2,307.9 3,650.6
468.0 546.5 680.3 886.9 1,412.0 2,188.5 3,291.0
27.9 25.2 40.3 49.8 75.0 104.3 303.1
8.0 6.0 7.9 10.0 10.9 15.1 56.6

653.2 759.6 932.9 1,089.5 1,747.3 2,693.6 4,309.5


300.1 324.7 401.1 499.0 852.4 1,465.3 2,293.6
289.9 313.1 390.4 486.6 838.6 1,443.0 2,254.9
8.3 11.3 10.1 9.9 13.3 22.1 35.6
1.9 0.3 0.6 2.4 0.4 0.2 3.1
244.1 312.4 359.3 402.0 592.5 753.9 1,091.8
242.8 311.2 358.7 400.4 586.2 748.2 1,083.8
0.8 0.7 0.5 0.6 6.0 4.6 5.4
0.5 0.4 0.1 1.0 0.3 1.0 2.5
109.0 122.6 172.5 188.5 302.4 474.4 924.1
109.0 122.6 172.5 188.5 302.4 474.4 924.1
- - - - - - -
25.4 29.0 36.4 61.4 69.7 107.3 450.1
0.9 1.1 1.0 3.3 0.0 0.0 0.0
24.5 27.9 35.4 58.1 69.7 107.3 450.1

- 2.8 3.0 4.0 3.7 79.8 76.1


- 2.8 3.0 4.0 3.7 79.8 76.1
- - - - - - -

19.0 21.1 18.9 23.3 653.8 234.5 227.2


3.1 0.0 0.0 0.2 79.9 9.7 6.0
15.9 21.1 18.9 23.1 540.4 124.0 83.9
- - - - - - -
- - - - 33.5 100.8 137.3

52.6 79.8 117.2 119.1 134.1 254.5 292.7


11.0 17.9 37.0 24.0 22.5 40.0 35.2
40.8 61.1 80.1 95.0 109.9 209.8 254.1
0.8 0.8 0.2 0.1 1.7 4.7 3.4

22.2 44.3 62.1 42.7 63.0 49.7 132.2


9.9 9.1 49.5 31.4 10.1 29.9 36.7
12.2 35.2 12.6 11.3 52.9 19.9 95.5

500.8 537.2 686.1 950.6 1,388.9 2,225.4 3,364.7


101.3 122.7 142.3 172.3 170.5 153.0 210.9
132.5 168.5 206.1 419.4 872.5 1,560.0 2,577.6
205.8 245.7 337.7 358.8 185.0 231.5 303.2
- 0.2 - - - - -
61.1 - - - 160.9 280.9 272.9

989.9 996.4 1,168.1 1,278.0 1,614.6 3,029.0 3,416.4


163.3 174.7 247.0 348.8 404.3 938.4 1,353.8
5.6 4.3 14.8 13.1 9.5 44.4 41.6
19.7 15.7 4.3 3.7 19.9 56.0 102.2
31.2 36.2 41.2 41.1 32.9 166.6 429.9
57.0 97.1 124.9 209.1 203.2 417.6 646.5
- - - 8.5 - - -
49.8 21.3 61.9 73.2 138.8 253.8 133.8
8.7 12.5 10.3 14.5 18.5 46.2 67.7
36.8 91.2 129.1 124.8 167.5 258.1 193.0
7.9 16.1 10.7 6.5 3.9 31.0 35.2
773.2 701.9 771.0 783.3 1,020.4 1,755.3 1,766.7
77.4 248.1 270.0 267.4 242.5 818.6 632.4
58.4 102.6 138.1 136.8 151.3 217.5 134.5
49.6 51.2 68.9 71.3 37.0 36.4 80.8
92.3 81.2 97.1 173.0 183.5 136.0 5.5
- - - - 0.3 (1.6) 7.2
- - - - 2.3 32.2 2.1
47.5 41.3 62.0 64.2 14.0 28.8 32.4
- - - - 274.5 - 397.7
447.9 177.5 134.9 70.7 114.8 487.4 474.2

2,766.9 3,047.9 3,753.3 4,515.1 7,172.9 10,981.7 15,919.6


Tables A.2.1.2: Commercial Banks' Statement of Assets/Liabilities - Liabilities (N' Billion)

2009 2010 2011 2012 2013


DEMAND DEPOSITS 3,386.5 3,830.3 4,920.9 5,070.0 5,160.8
Private Sector Deposits 3,014.3 3,335.7 4,208.9 4,291.8 4,184.1
State Government Deposits 321.9 443.9 604.2 594.0 856.6
Local Government Deposits 50.3 50.7 107.7 184.2 120.1

TIME, SAVINGS AND FOREIGN CURRENCY DEPOSITS 5,763.5 5,954.3 6,531.9 8,062.1 8,606.6
Time Deposits: 3,147.3 2,858.8 2,705.0 3,317.3 2,839.4
Private Sector Deposits 3,074.2 2,753.4 1,299.7 3,277.2 2,797.1
State Government Deposits 69.8 101.4 1,402.3 38.4 35.7
Local Government Deposits 3.3 3.9 3.0 1.7 6.6
Savings Deposits: 1,171.9 1,589.2 1,861.4 2,017.8 2,365.0
Private Sector Deposits 1,165.6 1,587.1 1,859.6 2,016.1 2,347.8
State Government Deposits 5.1 2.0 1.7 1.7 14.2
Local Government Deposits 1.3 0.1 0.1 0.1 3.1
Foreign Currency Deposits: 1,444.3 1,506.3 1,965.5 2,727.0 3,402.2
Domiciliary Accounts 1,444.3 1,506.3 1,965.5 2,727.0 3,402.2
- - - - -
MONEY MARKET INSTRUMENTS: 388.0 227.0 198.8 141.4 14.2
Certificate of Deposit Issued 0.0 0.0 0.0 - -
Notes & Deposit (Cash) certificates 388.0 227.0 198.8 141.4 14.2

BONDS 343.5 391.8 146.4 160.5 304.4


Debentures 343.5 391.8 146.4 160.5 304.4
- - - - -

FOREIGN LIABILITIES: 194.6 162.0 387.6 357.5 491.5


Balance Held for offices and branches Abroad 12.9 0.0 0.0 0.0 0.1
Balance held for banks outside Nigeria 22.6 15.8 125.3 122.1 155.3
Money at call with foreign banks - - - - -
Loans & Advances from other banks outside Nigeria 159.1 146.2 262.4 235.4 336.2

CENTRAL GOVERNMENT DEPOSITS 451.8 825.6 678.7 1,113.0 2,931.6


Federal Government Time Deposits 65.4 128.5 122.8 156.4 1,577.0
Federal Government Demand Deposits 381.4 687.8 547.7 952.2 1,349.4
Federal Government Savings Deposits 5.0 9.3 8.3 4.4 5.2

CREDIT FROM CENTRAL BANK 409.2 418.7 295.0 228.0 229.8


Loans & Advances from CBN 405.6 413.5 229.5 219.1 226.0
CBN Overdrafts to banks 3.5 5.2 65.5 8.9 3.8

CAPITAL ACCOUNTS: 4,930.6 2,217.8 3,682.1 3,637.7 3,869.7


Capital 219.5 249.7 220.2 188.4 209.6
Reserve Fund 1,982.3 179.9 2,266.8 2,216.8 2,395.3
Reserves for Depreciation & non-performing assets 751.3 857.3 927.4 997.8 989.8
Loans & Advances from Federal and State Government - 0.8 - - -
Total Loans/Lease Loss Provision 1,977.5 930.1 267.7 234.8 275.0

UNCLASSIFIED LIABILITIES: 1,655.2 3,304.1 2,555.3 2,517.9 2,692.6


Inter-bank liabilities 1,289.8 1,194.5 612.4 499.6 434.8
[i] Balances held for banks in Nigeria 27.2 25.7 18.1 22.2 16.5
[ii] Money at call from banks in Nigeria 16.1 26.5 26.4 5.4 3.2
[iii] Inter-bank takings 879.4 872.7 144.0 56.8 29.3
[iv] Uncleared effects 281.4 189.0 246.2 194.1 202.2
[v] Loans & Advances from other banks in Nigeria - 25.3 115.0 152.8 129.1
[vi] Bankers payments 85.7 55.2 62.7 68.3 54.5
Loans & Advances from Other creditors 138.8 90.6 157.6 102.2 150.4
Letters of Credit 130.2 191.2 182.9 167.0 187.4
Takings from Discount Houses 78.0 0.9 - 2.5 -
Other Liabilities: 18.4 1,827.0 1,602.4 1,746.5 1,919.9
Accounts Payables 397.8 465.3 718.2 680.9 787.5
Suspense Account 418.5 303.5 89.4 103.4 186.5
Provision for Tax Payments 10.5 (122.8) 23.2 24.9 22.4
Sundry Creditors (132.1) (41.2) (55.2) (37.9) (23.1)
Forex rev reserves (1.7) (4.5) (2.6) 16.2 (0.0)
Deposit for shares 48.7 4.2 8.9 7.7 0.9
Provision for Bad Debt 93.1 42.8 95.3 101.1 57.3
domestic & foreign (miscellaneous) 226.6 179.4 199.5 202.7 252.5
Miscellaneous (1,043.1) 1,000.2 525.6 647.4 635.8

TOTAL LIABILITIES: 17,522.9 17,331.6 19,396.6 21,288.1 24,301.2


Tables A.2.1.2: Commercial Banks' Statement of Assets/Liabilities - Liabilities (N' Billion)
2014*** 2015**
LIABILITIES March June September December March
DEMAND DEPOSITS: 5,667.8 5,325.5 5,471.5 5,221.3 5369.7
Private Sector Deposits 5,140.9 4,662.3 4,862.7 4,736.6 4910.0
State Government Deposits 430.2 562.4 496.9 381.6 383.9
Local Government Deposits 96.7 100.8 112.0 103.1 75.8

TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS: 10,032.7 10,430.6 10,803.8 11,936.9 12077.6
Time Deposits: 4,130.0 4,416.4 4,447.7 4,782.5 4294.1
[i] Private Sector Time Deposits 4,107.5 4,358.7 4,360.6 4,722.2 4249.9
[ii] State Government Time Deposits 17.0 49.4 68.3 33.8 26.1
[iii] Local Government Time Deposits 5.5 8.3 18.8 26.5 18.1
Savings Deposits: 2,471.7 2,465.9 2,453.6 2,698.3 2938.4
[i] Private Sector Savings Deposits 2,471.4 2,442.8 2,439.8 2,672.1 2909.7
[ii] State Government Savings Deposits 0.1 22.9 13.7 0.0 0.5
[iii] Local Government Savings Deposits 0.2 0.1 0.1 26.2 28.2

Foreign Currency Deposits: 3,430.9 3,548.3 3,902.4 4,456.1 4845.1


[i] Private Sector Foreign Currency Deposits 3,039.6 3,191.2 3,509.6 3,961.9 4248.5
[ii] Federal Government Foreign Currency Deposits 368.8 338.1 378.8 470.1 570.5
[iii] State Government Foreign Currency Deposits 22.5 18.9 14.0 24.0 25.6
[iv] Local Government Foreign Currency Deposits 0.0 0.0 0.0 0.2 0.5

MONEY MARKET INSTRUMENTS: 29.9 43.8 66.8 50.7 57.0


Certificate of Deposit Issued 10.5 25.8 47.3 24.5 29.9
Notes & Deposit (Cash) certificates Financial Derivatives 19.4 18.0 19.5 26.2 27.1

BONDS 284.1 461.7 648.9 762.1 743.9


Debentures 284.1 461.7 648.9 762.1 743.9

FOREIGN LIABILITIES: 671.9 886.8 946.3 1,340.8 1529.5


Balance Held for outside offices and branches (13.1) 0.5 33.3 42.5 145.5
Balance held for banks outside Nigeria 284.0 344.4 329.0 419.5 430.0
Money at call with foreign banks - - - - 0.0
Loans & Advances from other banks outside Nigeria 401.1 541.9 584.0 878.8 954.0
CENTRAL GOVERNMENT DEPOSITS 775.9 893.3 844.1 764.6 651.7
Federal Government Time Deposits 25.2 14.5 194.7 28.1 15.9
Federal Government Demand Deposits 745.8 878.5 566.6 736.5 634.7
Federal Government Savings Deposits 4.9 0.3 82.9 - 1.1

CREDIT FROM CENTRAL BANK 278.3 291.4 261.2 257.0 288.2


Loans & Advances from CBN 179.9 147.7 130.0 126.1 235.5
CBN Overdrafts to banks 98.4 143.6 131.2 130.9 52.8

CAPITAL ACCOUNTS: 4,342.6 4,249.2 4,274.5 4,472.2 4912.7


Capital 211.6 211.6 230.9 271.6 273.5
Reserve Fund 2,723.4 2,668.2 2,665.1 2,746.1 3108.3
Reserves for Depreciation & non-performing assets 1,071.8 1,065.1 1,055.5 1,136.1 1156.2
Loans & Advances from Federal and State Government 5.0 5.0 5.0 4.2 2.6
Total Loans/Lease Loss Provision 330.8 299.2 318.1 314.1 372.1

UNCLASSIFIED LIABILITIES: 2,488.5 2,526.6 2,635.1 2,675.9 3033.7


Inter-bank liabilities 407.0 505.6 482.5 439.9 607.4
[i] Balances held for banks in Nigeria 16.5 14.4 11.9 4.2 7.1
[ii] Money at call from banks in Nigeria - - - - 27.8
[iii] Inter-bank takings 118.6 248.2 202.8 221.0 307.8
[iv] Uncleared effects 110.4 135.5 98.7 45.2 49.3
[v] Loans & Advances from other banks in Nigeria 132.0 130.6 129.9 129.1 177.6
[vi] Bankers payments 29.4 (23.2) 39.1 40.4 37.8
Loans & Advances from Other creditors 239.5 229.3 233.9 253.5 204.1
Letters of Credit 270.7 238.0 211.8 210.2 111.2
Takings from Discount Houses - - - - 3.5
Other Liabilities: 1,571.3 1,553.7 1,706.9 1,772.3 2107.6
Accounts Payables 796.9 772.6 648.1 795.4 1096.9
Suspense Account 201.8 162.8 151.5 132.4 306.1
Provision for Tax Payments 68.4 44.2 33.5 35.5 56.9
Sundry Creditors 4.9 17.5 11.6 9.9 4.8
Forex rev reserves Current Year Unaudited Profit with OCI 142.6 268.9 438.6 537.0 137.1
Deposit for shares 0.0 1.3 12.6 9.8 0.0
Provision for Bad Debt 15.8 9.2 11.8 30.7 32.3
domestic & foreign (miscellaneous) 231.7 191.5 299.7 144.1 245.5
Miscellaneous(others) 109.1 85.7 99.4 77.5 227.9
TOTAL LIABILITIES: 24,571.8 25,108.8 25,952.3 27,481.5 28664.2

Source: Computed from Deposit Money Banks' Returns


Note: ***Effective March 2014, the DMBs figures are in compliance with IFRS
2015***
June September December
5121.4 5379.4 5873.5
4663.2 4735.2 5220.9
384.8 568.1 577.8
73.5 76.1 74.7

12209.0 11449.9 11363.5


4693.5 4381.7 4531.6
4635.2 4362.1 4455.6
37.2 14.7 72.4
21.1 4.9 3.7
2879.6 2904.0 3048.9
2850.8 2898.5 3044.3
2.4 5.3 4.3
26.4 0.1 0.3

4635.8 4164.2 3783.0


4132.3 3760.0 3392.5
479.1 374.8 366.1
24.2 29.1 24.2
0.3 0.3 0.2

81.2 19.7 16.2


56.3 0.0 0.0
24.9 19.7 16.2

718.8 753.5 677.8


718.8 753.5 677.8

1579.0 1626.3 1441.2


99.6 99.8 0.2
515.8 499.9 425.0
0.0 0.0 0.0
963.6 1026.6 1016.1
712.6 505.4 53.8
27.3 59.4 9.5
683.9 445.7 44.2
1.5 0.3 0.1

303.4 317.8 732.2


266.4 282.9 698.2
36.9 34.9 34.0

4786.7 4914.3 4993.9


220.6 211.5 224.6
3106.5 3163.8 3191.5
1064.5 1075.5 1062.3
2.0 2.7 44.2
393.0 460.8 471.2

2841.9 3147.5 2965.5


524.8 490.8 363.6
47.2 10.3 4.3
0.0 0.0 6.0
147.8 221.2 111.9
102.5 39.1 37.7
187.0 176.8 164.6
40.4 43.5 39.1
179.1 220.5 219.2
222.4 208.8 212.4
4.0 5.0 0.0
1911.6 2222.4 2170.2
947.5 1210.2 1015.1
219.2 96.1 150.7
37.6 37.2 36.1
2.5 1.1 5.4
348.3 450.1 615.0
7.3 0.0 0.0
22.6 32.9 27.3
185.3 215.6 198.3
141.4 179.2 122.3
28354.0 28113.9 28117.6
Return to Menu
Table A.2.2.1: Merchant Banks' Statement of Assets/Liabilities - Assets (N' Million)

ASSETS 2013
RESERVES 38,556.5
Currency 0.8
Deposits with CBN: 38,555.7
[i] Reserve Requirements 669.9
[ii] Current Accounts 37,885.8
[iii] Other Deposit

CLAIMS ON CENTRAL BANK 14,290.5


[i]Stabilization Securities -
[ii] CBN Bills 12,239.9
[iii] Shortfall/excess credit/others 2,050.6

FOREIGN ASSETS 1,292.6


Foreign Currency Holdings
Claims on Non-resident Banks: 1,292.6
[i] Balances held with banks outside Nigeria 1,292.6
[ii] Balances held with offices and branches outside Nigeria -
[iii] Loans & Advances to Banks outside Nigeria -
Bills Discounted Payable outside Nigeria -

CLAIMS ON CENTRAL GOVERNMENT 36,607.4


Treasury Bills / Treasury Bills Rediscounted 17,436.4
Treasury Certificates -
FGN Bonds 19,171.0
Loans & Advances to Central Government -
Bankers Unit Fund -

CLAIMS ON STATE & LOCAL GOVERNMENT 1,428.9


Loans & Advances to State Government 1,428.9
Loans & Advances to Local Government -
State Bonds
Local Govt. Bond

CLAIMS ON OTHER PRIVATE SECTOR 36,490.2


Loans & Advances to Other Customers (Gross) 21,042.2
Loans & Advances to Nigeria Banks Subsidiaries -
Bills Discounted from non-bank sources -
Investments: 15,448.1
[i] Ordinary Shares 787.7
[ii] Preference Shares -
[iii] Debentures -
[iv] Other Bonds -
[v] Subsidiaries
[vi] Other investments (includes AMCON bonds) 14,660.4
[vii] Other investments (Promissory notes and other financial assets)
Commercial papers -
Bankers Acceptances -
Factored Debt
Advances under Lease

FINANCIAL DERIVATIVES
Derivatives

CLAIMS ON OTHER FINANCIAL INSTITUTIONS -


Placement with Discount Houses -

UNCLASSIFIED ASSETS 4,913.8


Fixed Assets 1,579.7
Non current Assets
Domestic Inter-Bank Claims: 226.4
[i] Bills Discounted from Banks in Nigeria
[ii] Money at call with Banks -
[iii] Inter-bank Placements -
[iv] Balances held with banks in Nigeria 226.4
[v] Loans & Advances to other Banks in Nigeria -
[vi] Cheques for Collection -
Money at call outside banks -
Certificates of Deposit -
Placement with Discount Houses
Other Assets: 3,107.7
Receivables 1,129.5
Pre-payments (79.9)
Bills Payable -
Suspense -
Sundry Debtors 123.2
Goodwill and other intangible assets 1,461.3
unamortised reserves for loan looses allowed by CBN -
Foreign Inward Transfer -
domestic & foreign (miscellaneous) -
Treasury Bills for Liquidity Management
Miscellaneous(others) 473.6
TOTAL ASSETS: 133,579.9
of which AMCON Bonds
Note: Merchant Banking was re-introduced in 2013
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2014 2 2015 3
March June September December March June
10,406.2 6,282.2 5,809.6 8,101.7 3,718.5 5,428.8
0.5 0.4 0.6 0.4 0.3 1.5
10,405.7 6,281.8 5,809.0 8,101.4 3,718.2 5,427.3
156.6 1,128.3 992.5 1,548.9 1,830.5 1,156.1
5,647.9 2,852.9 915.4 800.7 1,887.7 2,170.6
4,601.3 2,300.6 3,901.1 5,751.7 - 2,100.6

- - - - - -
- - - - - -
- - - - - -
- - - - - -

6,599.8 8,615.5 4,581.0 7,607.6 2,205.0 7,983.1


- - - - - -
6,599.8 8,615.5 4,581.0 7,607.6 2,205.0 7,983.1
6,599.8 8,615.5 4,581.0 7,607.6 2,205.0 7,983.1
- - - - - -
- - - - - -
- - - - - -

57,211.1 46,265.4 63,491.7 74,955.9 95,012.2 61,317.1


40,748.7 29,648.7 37,337.4 54,490.8 70,887.0 52,924.6
- - - - - -
16,462.4 16,616.6 26,154.3 20,465.1 24,125.2 8,392.4
- - - - - -
- - - - - -

- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

39,513.3 40,749.4 42,150.1 62,646.4 76,201.2 68,535.2


24,757.2 25,737.8 26,456.8 42,049.1 56,419.5 49,113.8
- - - - - -
- - - - - -
14,756.0 15,011.6 15,693.3 20,597.3 19,781.7 19,421.4
- - - - - -
0.7 0.7 0.7 0.7 0.7 0.7
13,968.2 14,223.9 14,905.6 19,809.6 18,994.0 18,633.7
- - - - - -
787.0 787.0 787.0 787.0 787.0 787.0
- - - - - -
0.2 - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

- - - - - -
- - - - - -

38,991.9 6,507.7 8,645.5 10,379.1 16,674.8 16,661.0


898.8 837.2 865.1 915.1 913.4 953.8
- - - - - 0.0
30,177.5 327.1 1,577.4 649.0 7,853.6 7,947.7
- - - - - -
- - - - 3,351.2 -
30,004.5 - 1,409.9 500.0 4,080.7 7,500.0
173.0 327.1 167.4 149.0 421.7 447.7
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
7,915.5 5,343.4 6,203.1 8,815.0 7,907.8 7,759.6
1,242.2 1,179.8 1,069.2 1,127.0 1,491.3 987.3
930.2 979.0 1,494.2 3,751.9 1,658.3 2,025.1
- - - - - -
1,130.2 - - - - -
2,714.4 2,725.8 2,725.8 2,725.8 2,907.9 2,907.9
495.5 576.6 602.7 594.2 633.4 633.4
- - - - - -
- - - - - -
1,402.9 (117.8) 311.2 616.0 1,216.8 1,205.8
- - - - - -
- - - - - -
152,722.3 108,420.2 124,677.9 163,690.7 193,811.6 159,925.2
- - - - - -

orted in FinA stop gap.


2015 3
September December
17,036.2 13,476.2
0.5 0.5
17,035.7 13,475.7
1,177.6 1,856.1
12,357.1 4,118.8
3,501.1 7,500.8

- -
- -
- -
- -

12,642.5 25,560.0
- -
12,642.5 25,560.0
12,642.5 25,560.0
- -
- -
- -

80,870.0 74,746.8
67,604.4 66,877.9
- -
13,265.6 7,869.0
- -
- -

- -
- -
- -
- -
- -

69,127.7 62,845.8
53,013.5 47,038.6
- -
- -
16,114.2 15,807.2
- -
0.7 0.7
15,326.6 15,019.5
- -
787.0 787.0
- -
- -
- -
- -
- -
- -

- -
- -

8,981.3 19,141.9
985.7 970.6
0.0 0.0
472.5 10,769.9
- -
- -
- 10,520.0
472.5 249.9
- -
- -
- -
- -
- -
7,523.0 7,401.4
1,872.7 1,413.3
2,482.6 1,742.3
- -
- -
2,907.9 2,907.9
664.4 667.6
- -
- -
(404.7) 670.3
- -
- -
188,657.7 195,770.7
- -
Return to Menu
Table A.2.2.2: Merchant Banks' Statement of Assets/Liabilities - Liabilities (N' Million)
2014 2
LIABILITIES 2013 March
DEMAND DEPOSITS 517.9 13,303.6
Private Sector Deposits 517.9 13,303.6
State Government Deposits - -
Local Government Deposits - -

TIME, SAVINGS AND FOREIGN CURRENCY DEPOSITS 36,048.3 81,121.9


Time Deposits: 35,235.6 77,754.1
Private Sector Deposits 35,235.6 77,754.1
State Government Deposits - -
Local Government Deposits - -
Savings Deposits: 0.0 -
Private Sector Deposits 0.0 -
State Government Deposits - -
Local Government Deposits - -
Foreign Currency Deposits: 812.7 3,367.8
[i] Private sector foreign currency deposit (Domiciliary Accounts) 812.7 3,367.8
[ii] Federal Government foreign currency deposit - -
[iii] State Government foreign currency deposit - -
[iv] Local Government foreign currency deposit - -

MONEY MARKET INSTRUMENTS: - -


Certificate of Deposit Issued - -
Notes & Deposit (Cash) certificates - -

BONDS 5,530.0 5,901.3


Debentures 5,530.0 5,901.3

FOREIGN LIABILITIES: 202.9 197.4


Balance Held for offices and branches Abroad - -
Balance held for banks outside Nigeria 202.9 197.4
Money at call with foreign banks - -
Loans & Advances from other banks outside Nigeria - -

CENTRAL GOVERNMENT DEPOSITS 1.0 -


Federal Government Time Deposits 1.0 -
Federal Government Demand Deposits - -
Federal Government Savings Deposits - -

CREDIT FROM CENTRAL BANK 32,412.2 -


Loans & Advances from CBN - -
CBN Overdrafts to banks 32,412.2 -

CAPITAL ACCOUNTS: 34,974.5 35,691.6


Capital 17,794.8 17,794.8
Reserve Fund 15,851.8 17,005.6
Reserves for Depreciation & non-performing assets 956.7 835.5
Loans & Advances from Federal and State Government - -
Total Loans/Lease Loss Provision 371.3 55.8

UNCLASSIFIED LIABILITIES: 23,893.1 16,506.4


Inter-bank liabilities 8,171.4 8,973.3
[i] Balances held for banks in Nigeria 17.3 63.0
[ii] Money at call from banks in Nigeria - -
[iii] Inter-bank takings 5,280.1 8,910.3
[iv] Uncleared effects 2,866.6 -
[v] Loans & Advances from other banks in Nigeria - -
[vi] Bankers payments 7.4 -
Loans & Advances from Other creditors 10,317.5 14.7
Letters of Credit - -
Takings from Discount Houses - -
Other Liabilities: 5,404.2 7,518.4
Accounts Payables 2,007.6 1,456.0
Suspense Account - -
Provision for Tax Payments - 543.3
Sundry Creditors 2.3 -
Forex rev reserves - 1,713.4
Deposit for shares - -
Provision for Bad Debt - -
domestic & foreign (miscellaneous) 854.0 -
Miscellaneous 2,540.2 3,805.7
-
TOTAL LIABILITIES: 133,579.9 152,722.3
Note: Merchant Banking was re-introduced in 2013
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2014 2 2015 3
June September December March June September December
3,499.0 8,498.8 1,471.3 7,359.8 8,836.4 5,935.4 12,403.3
3,499.0 8,498.8 1,471.3 7,359.8 8,836.4 5,935.4 12,403.3
- - - - - - -
- - - - - - -

49,623.2 43,810.4 71,308.7 56,931.0 46,166.6 81,188.0 54,911.5


47,157.9 39,063.8 66,062.2 54,738.1 44,871.3 74,069.0 41,517.5
47,157.9 39,063.8 66,062.2 54,738.1 44,871.3 74,069.0 41,517.5
- - - - - - -
- - - - - - -
0.0 - - - - - -
0.0 - - - - - -
- - - - - - -
- - - - - - -
2,465.3 4,746.6 5,246.6 2,192.9 1,295.3 7,119.0 13,394.0
2,465.3 4,746.6 5,246.6 2,192.9 1,295.3 7,119.0 13,394.0
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -

5,674.7 5,873.3 5,676.8 5,871.1 5,530.0 5,530.0 5,530.0


5,674.7 5,873.3 5,676.8 5,871.1 5,530.0 5,530.0 5,530.0

195.9 13,483.1 13,980.6 13,499.8 13,929.3 13,892.6 44,345.8


- - - - - - -
195.9 196.2 208.0 210.4 213.6 262.5 30,613.7
- - - - - - -
- 13,286.9 13,772.6 13,289.4 13,715.8 13,630.2 13,732.1

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- -
- - - - - - -
- - - - - - -
- - - - - - -
-
35,237.3 34,215.3 32,469.7 37,430.8 41,640.4 42,661.0 45,070.7
17,794.8 17,794.8 17,794.8 20,794.8 20,794.8 20,794.8 20,794.8
16,490.8 15,396.5 13,652.2 15,426.9 19,564.3 20,513.7 22,879.9
895.9 967.9 966.7 1,030.5 1,099.1 1,170.2 1,202.0
- - - - - - -
55.7 56.1 56.1 178.5 182.2 182.2 194.0
- -
14,190.2 18,797.0 38,783.5 72,719.1 43,822.4 39,450.7 33,509.4
7,986.7 11,874.9 25,320.1 60,439.3 31,172.3 21,619.2 8,195.3
- 6.8 7.9 50.2 449.1 - 0.7
- - - - - - -
7,986.7 11,868.0 25,312.2 60,389.2 30,723.1 21,619.2 8,194.7
- - - - - - -
- - - - - - -
- - - - - - -
10.0 215.2 534.4 63.1 1,841.6 568.3 6,710.5
- - - - - - -
- - - - - - -
6,193.5 6,706.9 12,929.0 12,216.6 10,808.6 17,263.3 18,603.6
2,376.7 2,159.5 6,024.3 8,545.0 9,643.2 15,073.9 15,140.3
- - - - - - -
661.4 424.9 249.8 733.2 770.6 677.8 691.6
- - - - - - -
1,806.3 2,306.7 4,983.9 1,090.9 (648.3) (44.5) 1,152.1
- - - - - - -
- - - - - - -
- - - - - - -
1,349.2 1,815.8 1,671.0 1,847.5 1,043.1 1,556.1 1,619.7

108,420.2 124,677.9 163,690.7 193,811.6 159,925.2 188,657.7 195,770.7

in FinA stop gap.


Return to Menu
Table A.2.3.1: Non Interest Banks' Statement of Assets/Liabilities - Assets (N' Million)

ASSETS 2012 2013


RESERVES 2,590.94 16,263.62
Currency 382.48 947.58
Deposits with CBN: 2,208.46 15,316.04
[i] Reserve Requirements 1,248.27 3,209.08
[ii] Current Accounts 960.19 12,106.96
[iii] Other Deposit

CLAIMS ON CENTRAL BANK - -


[i]Stabilization Securities - -
[ii] CBN Bills - -
[iii] Shortfall/excess credit/others - -

FOREIGN ASSETS 2,184.56 1,904.80


Foregn Currency Holdings
Claims on Non-resident Banks: 2,184.56 1,904.80
[i] Balances held with banks outside Nigeria 2,184.56 1,904.80
[ii] Balances held with offices and branches outside Nigeria - -
[iii] Loans & Advances to Banks outside Nigeria - -
Bills Discounted Payable outside Nigeria - -

CLAIMS ON CENTRAL GOVERNMENT 275.98 -


Treasury Bills / Treasury Bills Rediscounted 275.98 -
Treasury Certificates - -
FGN Bonds - -
Loans & Advances to Central Government - -
Bankers Unit Fund - -

CLAIMS ON STATE & LOCAL GOVERNMENT - 1,000.00


Loans & Advances to State Government - 1,000.00
Loans & Advances to Local Government - -
State Bonds
Local Govt. Bond

CLAIMS ON OTHER PRIVATE SECTOR 2,493.99 9,512.62


Loans & Advances to Other Customers (Gross) 2,493.99 9,512.62
Loans & Advances to Nigeria Banks Subsidiaries - -
Bills Discounted from non-bank sources - -
Investments: - -
[i] Ordinary Shares - -
[ii] Preference Shares - -
[iii] Debentures - -
[iv] Other Bonds
[v] Subsidiaries - -
[vi] Other investments (includes AMCON bonds) - -
[vii] Other investments (Promissory notes and other financial assets)
Commercial papers - -
Bankers Acceptances - -
Factored Debt - -
Advances under Lease - -

FINANCIAL DERIVATIVES - -
Derivatives - -

UNCLASSIFIED ASSETS 8,261.92 4,893.62


Fixed Assets 615.92 1,153.01
Non current Assets
Domestic Inter-Bank Claims: 5,210.93 1,126.50
[i] Bills Discounted from Banks in Nigeria - -
[ii] Money at call with Banks - -
[iii] Inter-bank Placements - -
[iv] Balances held with banks in Nigeria 5,210.93 1,126.50
[v] Loans & Advances to other Banks in Nigeria - -
[vi] Checks for Collection - -
Money at call outside banks - -
Certificates of Deposit - -
Placement with Discount Houses - -
Other Assets: 2,435.06 2,614.11
Receivables 1,578.63 1,849.59
Pre-payments 225.71 264.27
Bills Payable - -
Suspense 576.75 116.54
Sundry Debtors 53.98 84.18
Goodwill and other intangible assets - -
unamortised reserves for loan looses allowed by CBN - -
Foreign Inward Transfer
domestic & foreign (miscellaneous) - -
Treasury Bills for Liquidity Management - -
Miscellaneous(others) - 299.54

TOTAL ASSETS: 15,807.38 33,574.66


of which AMCON Bonds - -
Note: Non Interest Banking was introduced in 2012
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2014 2 2015 3
March June September December March June September
16,805.85 11,753.53 8,825.92 8,993.26 12,279.52 12,279.52 16,929.13
1,132.04 866.63 717.64 1,177.63 1,267.17 1,267.17 1,792.60
15,673.81 10,886.90 8,108.28 7,815.63 11,012.35 11,012.35 15,136.52
4,469.83 5,262.56 5,635.23 6,668.94 7,536.04 7,536.04 11,882.06
11,203.97 5,624.34 473.05 1,146.69 3,476.30 3,476.30 3,254.46
- - 2,000.00 - - - -

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

2,490.36 2,818.80 4,167.82 3,311.35 1,546.58 1,546.58 1,366.07


166.71 335.70 86.16 163.51 259.99 259.99 150.61
2,323.65 2,483.10 4,081.66 3,147.84 1,286.59 1,286.59 1,215.46
2,323.65 2,483.10 4,081.66 3,147.84 1,286.59 1,286.59 1,215.46
- - - - - - -
- - - - - - -
- - - - - - -

1,000.00 2,400.00 2,400.00 2,400.00 1,362.72 1,362.72 1,283.98


- - - - - - -
- - - - - - -
1,000.00 2,400.00 2,400.00 2,400.00 1,362.72 1,362.72 1,283.98
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

11,314.23 13,735.29 17,875.41 21,517.18 22,738.84 22,738.84 24,890.84


11,314.23 13,735.29 17,875.41 21,517.18 22,738.84 22,738.84 24,890.84
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -

5,268.35 5,917.99 9,270.43 8,661.86 8,900.58 8,900.58 10,388.49


1,475.95 1,584.51 1,441.10 2,132.30 5,080.60 5,080.60 3,381.80
53.57 61.40 82.63 63.91 57.77 57.77 55.27
820.71 817.29 1,000.93 923.31 657.78 657.78 707.94
- - - - - - -
- - - - - - -
- - - - - - -
820.71 817.29 1,000.93 923.31 657.78 657.78 707.94
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,918.13 3,454.78 6,745.78 5,542.33 3,104.42 3,104.42 6,243.48
276.95 399.56 367.48 331.76 758.53 758.53 2,242.91
332.02 320.04 456.99 432.81 418.27 418.27 532.17
- - - - - - -
152.76 107.95 163.58 122.97 50.53 50.53 137.58
337.93 337.93 991.01 991.01 991.01 991.01 1,566.00
205.77 201.10 259.71 271.30 266.84 266.84 263.25
- - - - - - -
- - - - - - -
1,612.70 2,088.19 4,507.01 3,392.49 619.24 619.24 1,501.57
- - - - - - -
- - - - - - -

36,878.78 36,625.60 42,539.58 44,883.65 46,828.24 46,828.24 54,858.51


- - - - - - -

FinA stop gap.


3

December
18,036.94
1,947.02
16,089.92
9,032.86
7,057.06
-

-
-
-
-

1,401.28
131.29
1,269.99
1,269.99
-
-
-

1,242.40
-
-
1,242.40
-
-

-
-
-
-
-

26,262.25
26,262.25
-
-
-
-
-
-
-
-
-
-
-
-
-
-

-
-

8,701.86
2,831.81
77.33
596.70
-
-
-
596.70
-
-
-
-
-
5,196.02
263.24
422.09
-
242.30
1,566.00
288.77
-
-
2,413.60
-
-

55,644.72
-
Return to Menu
Table A.2.3.2: Non Interest Banks' Statement of Assets/Liabilities - Liabilities (N' Million)
2
LIABILITIES 2012 2013 March
DEMAND DEPOSITS 2,994.0 7,699.5 23,030.11
Private Sector Deposits 2,994.0 7,664.0 23,030.11
State Government Deposits - 35.5 -
Local Government Deposits - - -

TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS 796.5 13,465.0 1,190.04


Time Deposits: - - 1,190.04
Private Sector Deposits - - 1,190.04
State Government Deposits - - -
Local Government Deposits - - -
Savings Deposits: 796.5 13,133.0 -
Private Sector Deposits 796.5 13,133.0 -
State Government Deposits - - -
Local Government Deposits - - -

FOREIGN CURRENCY DEPOSITS - 332.0 -


[i] Private Sector Foreign Currency Deposits - 332.0 -
[ii] Federal Government Foreign Currency Deposits -
[iii] State Government Foreign Currency Deposits -
[iv] Local Government Foreign Currency Deposits -
-
MONEY MARKET INSTRUMENTS: - - -
Certificate of Deposit Issued - - -
Notes & Deposit (Cash) certificates - - -

BONDS - - -
Debentures - - -

FOREIGN LIABILITIES: - - -
Balance Held for offices and branches Abroad - - -
Balance held for banks outside Nigeria - - -
Money at call with foreign banks - - -
Loans & Advances from other banks outside Nigeria - - -
-
CENTRAL GOVERNMENT DEPOSITS - 756.7 -
Federal Government Time Deposits - - -
Federal Government Demand Deposits - 756.7 -
Federal Government Savings Deposits - - -

CREDIT FROM CENTRAL BANK - - -


Loans & Advances from CBN - - -
CBN Overdrafts to banks - - -

CAPITAL ACCOUNTS: 2,967.0 10,745.0 10,904.02


Capital 4,014.4 11,747.3 11,747.30
Reserve Fund (1,047.5) (1,104.5) (1,222.99)
Reserves for Depreciation & non-performing assets - - 379.71
Loans & Advances from Federal and State Government - - -
Total Loans/Lease Loss Provision - 102.2 -

UNCLASSIFIED LIABILITIES: 9,049.9 908.4 1,754.62


Inter-bank liabilities - - 191.70
[i] Balances held for banks in Nigeria - - -
[ii] Money at call from banks in Nigeria - - -
[iii] Inter-bank takings - - -
[iv] Uncleared effects - - 191.70
[v] Loans & Advances from other banks in Nigeria - - -
[vi] Bankers payments - - -
Loans & Advances from Other creditors - - -
Letters of Credit - - 404.43
Takings from Discount Houses - - -
Other Liabilities: 9,049.9 908.4 1,158.49
Accounts Payables 465.7 848.7 137.91
Suspense Account 136.4 34.0 11.80
Provision for Tax Payments 16.9 21.1 21.56
Sundry Creditors 57.8 4.6 -
Forex rev reserves Current Year Unaudited Profit with OCI - - -
Deposit for shares 8,373.2 - -
Other Impairment /Provision for Bad Debt - - 111.14
domestic & foreign (miscellaneous) - - -
Miscellaneous - - 876.09
- -
TOTAL LIABILITIES: 15,807.4 33,574.7 36,878.78
Note: Non Interest Banking was introduced in 2012
2
Revised
3
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
2014 2 2015 3
June September December March June September December
23,533.06 26,958.06 27,528.98 - - - -
23,533.06 26,958.06 27,528.98 - - - -
- - - - - - -
- - - - - - -

- - - 13,867.23 13,867.23 38,319.07 39,724.26


- - - 12,997.87 12,997.87 37,130.48 38,550.25
- - - 12,997.87 12,997.87 37,130.48 38,550.25
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

- - - 869.36 869.36 1,188.59 1,174.02


- - - 869.36 869.36 1,188.59 1,174.02
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - - -
- - - - - - -
- - - - - - -

10,870.28 10,929.95 11,608.28 29,867.77 29,867.77 12,858.96 12,486.73


11,747.30 11,747.30 11,747.30 11,747.30 11,747.30 11,829.70 11,829.70
(1,318.22) (1,279.19) (1,134.60) (1,146.98) (1,146.98) (266.00) (679.43)
441.20 461.84 995.58 19,267.45 19,267.45 1,295.26 1,336.46
- - - - - - -
- - - - - - -

2,222.26 4,651.57 5,746.39 3,093.24 3,093.24 3,680.48 3,433.73


187.18 399.22 167.37 199.44 199.44 373.90 221.87
- - - - - - -
- - - - - - -
- - - - - - -
187.18 399.22 167.37 199.44 199.44 373.90 221.87
- - - - - - -
- - - - - - -
- - - - - - -
643.28 2,376.33 2,343.62 729.34 729.34 234.91 250.38
- - - - - - -
1,391.80 1,876.02 3,235.40 2,164.46 2,164.46 3,071.67 2,961.48
289.69 188.51 129.46 209.42 209.42 233.92 94.14
10.20 52.46 50.69 69.68 69.68 58.43 239.35
14.68 19.93 20.75 19.88 19.88 21.94 62.19
- - - - - - -
- - - - - - -
- - - - - - -
133.35 352.05 470.67 467.98 467.98 532.83 879.09
- - - - - - -
943.88 1,263.06 2,563.83 1,397.50 1,397.50 2,224.55 1,686.72

36,625.60 42,539.58 44,883.65 46,828.24 46,828.24 54,858.51 55,644.72


Return to Menu
Table A.2.4: Sectoral Distribution of Commercial Banks' Loans and Advances 1 (N' Billion)
P r o d u c t i o n General Commerce
Agriculture, Manufac- Mining Real Bills Domestic
Period Forestry turing and Quarying Estate and Discounted Trade Exports Imports
and Fishery Construction
1981 0.6 2.7 0.1 1.8 - 0.8 0.1 0.5
1982 0.8 3.0 0.1 2.1 - 1.1 0.2 0.6
1983 0.9 3.1 0.1 2.3 - 1.1 0.1 0.5
1984 1.1 3.1 0.2 2.4 - 1.2 0.1 0.5
1985 1.3 3.2 0.2 2.5 - 1.4 0.1 0.5
1986 1.8 4.5 0.2 2.8 - 1.7 0.3 0.7
1987 2.4 5.0 0.2 2.9 - 2.0 0.5 0.6
1988 3.1 6.1 0.2 3.0 - 2.3 0.5 0.8
1989 3.5 6.7 0.3 3.2 - 2.7 0.6 0.9
1990 4.2 7.9 0.4 3.2 0.3 2.8 0.7 1.0
1991 5.0 10.9 0.5 3.6 0.1 3.0 0.9 1.0
1992 7.0 15.4 0.8 4.1 0.7 3.7 1.3 1.6
1993 10.8 23.1 1.4 5.4 - 10.0 1.6 1.9
1994 17.8 34.8 - - - - 7.6 -
1995 25.3 58.1 12.1 - - - 19.4 -
1996 33.3 72.2 15.0 - - - 33.0 -
1997 27.9 82.8 20.6 - - - 16.4 -
1998 27.2 96.7 22.8 - - - 29.8 -
1999 31.0 115.8 24.7 - - - 18.8 -
2000 41.0 141.3 32.3 - - - 25.3 -
2001 55.8 206.9 70.5 - - - 34.5 -
2002 59.8 233.5 70.2 - - - 26.7 -
2003 62.1 294.3 96.0 - - - 34.5 -
2004 67.7 332.1 131.1 - - - 31.3 -
2005 48.6 352.0 172.5 - - - 26.4 -
2006 49.4 445.8 251.5 - - - 52.7 -
2007 149.6 487.6 490.7 - - - 66.6 -
2008 106.4 932.8 846.9 466.8 - - 75.2 144.9
2009 135.7 993.5 1,190.7 778.1 - - 45.9 1,199.2
2010 128.4 987.6 1,178.1 670.3 - - 44.8 898.4
2011 255.2 1,053.2 1,295.3 453.5 - - 36.2 755.7
2012 316.4 1,068.3 1,771.5 539.8 - - 65.6 691.0
2013 343.7 1,179.7 2,155.9 726.9 - - 3.9 762.8
Industry
Trade/General
Agriculture Mining & Power & Construction Government
Manufacturing Oil & Gas Commerce
Quarrying Energy

2014
Q1 333.6 45.6 1,309.0 1,400.5 242.1 384.0 705.8 725.5
Q2 400.3 14.2 1,425.6 1,411.9 248.3 468.9 807.7 816.3
Q3 394.8 14.5 1,475.4 1,652.4 247.8 411.3 658.1 768.7
Q4 478.9 18.2 1,647.5 2,047.2 276.1 556.2 1,045.2 732.0
2015
Q1 466.4 222.3 1,878.1 2,153.2 282.7 585.5 1,250.7 766.3
Q2 484.9 17.9 1,909.5 2,058.7 353.9 641.3 1,058.7 696.9
Q3 469.9 12.1 1,958.5 2,241.3 359.6 554.3 1,030.0 618.4
Q4 449.3 11.7 1,736.2 2,272.8 340.3 531.7 985.7 922.9
Source : Computed from Deposit Money Banks' Returns
Note: Effective March 2014, the DMBs figures are in compliance with IFRS
2
Revised
Services O t h e r s
Credit to Personal Miscella- Total
Public Transport and financial Government and neous
Utilities Communications Institutions Professional
0.2 0.6 0.4 0.3 0.3 0.2 8.6
0.2 0.7 0.4 0.4 - 0.8 10.3
0.2 0.7 0.8 0.6 - 0.7 11.1
0.2 0.7 0.8 0.6 - 0.7 11.5
0.2 0.7 0.5 0.6 - 0.8 12.2
0.2 0.7 0.8 0.5 - 1.3 15.7
0.2 0.8 1.1 0.6 0.6 0.6 17.5
0.3 0.9 0.2 0.8 0.8 0.6 19.6
0.2 0.8 0.5 0.8 1.2 0.7 22.0
0.2 0.9 0.7 1.2 1.3 1.1 26.0
0.2 1.1 0.8 1.0 1.7 1.4 31.3
0.3 1.3 1.1 1.2 2.2 2.0 42.7
0.5 2.2 1.8 1.7 - 5.3 65.7
- - - - - 34.0 94.2
- - - - - 29.7 144.6
- - - - - 15.9 169.4
- - - - - 237.8 385.6
- - - - - 96.4 272.9
- - - - - 132.5 322.8
- - - - - 268.4 508.3
- - - - - 428.4 796.2
- - - - - 564.4 954.6
- - - - - 723.2 1,210.0
- - - - - 957.0 1,519.2
- - - - - 1,377.2 1,976.7
- - - - - 1,724.9 2,524.3
- - - - - 3,619.1 4,813.5
45.8 1,304.9 539.1 714.5 - 2,622.1 7,799.4
74.8 776.6 1,230.6 352.2 - 2,134.9 8,912.1
50.6 821.0 871.4 374.4 - 1,681.3 7,706.4
68.5 1,267.0 303.3 499.5 - 1,325.4 7,312.7
29.3 966.3 249.1 632.8 - 1,870.1 8,150.0
215.2 1,392.0 322.9 718.7 - 2,183.9 10,005.6
Services
Finance, Insurance Power and Total
Real Estate Education Oil & Gas Others
& Capital Market Energy

427.4 425.9 56.3 906.6 122.9 3,654.1 10,739.4


456.0 471.2 75.8 1,065.9 125.2 3,339.9 11,127.1
443.2 540.4 70.9 1,005.8 124.9 3,336.6 11,144.8
551.4 763.4 86.0 1,098.9 150.9 3,437.5 12,889.4

615.3 757.3 79.7 1,073.5 163.9 3,062.2 13,357.1


548.2 811.9 64.6 1,147.2 161.2 3,478.3 13,433.4
637.7 790.2 79.1 1,212.1 169.4 2,881.3 13,013.9
692.2 791.4 74.2 1,155.5 162.4 2,959.8 13,086.2
Return to Menu
Table A.2.5.1: Money Market Interest Rates (Per cent)
Central Bank Deposit Money Banks
Minimum Monetary Treasury Treasury Certificates
1
Deposit Rates ( Period Weighted Averag
Policy Rate
Rediscount Bill Rate One Year Two Year
Period Rates Maturity Maturity 3 Months 6 Months 12 Months
1981 6.00 5.00 5.50 6.00 5.50 6.00 6.25
1982 8.00 7.00 7.50 8.00 7.25 7.50 7.75
1983 8.00 7.00 7.50 8.00 7.25 7.50 7.75
1984 10.00 8.50 9.00 9.50 9.75 9.50 9.75
1985 10.00 8.50 9.00 9.50 9.25 9.50 9.75
1986 10.00 8.50 9.00 9.50 9.25 9.50 9.75
1987 12.75 11.75 12.25 12.75 14.90 15.30 15.10
1988 12.75 11.75 12.25 12.75 13.40 12.10 13.70
1989 18.50 17.50 16.38 17.75 18.90 21.60 21.40
1990 18.50 17.50 18.20 18.50 19.60 20.50 22.10
1991 15.50 15.00 15.00 15.50 15.71 17.09 20.10
1992 17.50 21.00 22.00 23.00 20.80 22.30 22.10
1993 26.00 26.90 27.40 27.80 23.60 23.26 23.99
1994 13.50 12.50 13.00 13.00 15.00 15.00 15.00
1995 13.50 12.50 13.00 13.50 13.62 13.65 13.96
1996 13.50 12.25 12.94 13.21 13.43
1997 13.50 12.00 7.04 7.49 7.46
1998 13.50 12.95 10.20 10.50 9.98
1999 18.00 17.00 12.68 12.75 12.59
2000 14.00 12.00 10.60 10.27 10.67
2001 20.50 12.95 10.20 10.50 9.98
2002 16.50 18.88 16.31 16.99 16.50
2003 15.00 15.02 14.31 13.07 13.04
2004 15.00 14.21 13.69 12.47 13.32
2005 13.00 7.00 10.53 10.38 10.82
2006 10.00 8.80 9.75 9.33 8.35
2007 9.50 6.91 10.29 9.74 8.10
2008 9.75 9.55 - 4.50 11.95 11.85 11.84
2009 6.00 1.30 - 6.13 12.96 13.03 12.85
2010 6.25 0.95 - 10.25 6.52 6.28 5.67
2011 12.00 5.56 - 16.75 5.69 4.90 4.70
2012 12.00 10.00 - 17.20 8.40 7.85 7.18
2013 12.00 7.50 - 13.34 7.94 7.47 5.54
2014 13.00 8.00 - 15.99 9.34 9.60 9.16
Q1 12.00 10.00 - 13.60 9.41 9.71 9.21
Q2 12.00 8.50 - 13.04 9.37 9.78 9.39
Q3 12.00 8.00 - 10.35 9.07 9.22 8.63
Q4 13.00 8.00 - 15.99 ` 9.50 9.68 9.40
2015 11.00 2.00 - 15.90 9.15 9.15 8.68
Q1 13.00 9.00 - 15.90 9.40 9.69 9.47
Q2 13.00 7.50 - 14.15 9.28 9.21 8.16
Q3 13.00 8.00 - 14.71 10.40 10.84 11.28
Q4 11.00 2.00 - 12.50 7.51 6.85 5.80
Source : Central Bank of Nigeria
Notes: 1Treasury Certificates started in 1968 and terminated in 1995
means not applicable
Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
oney Banks
riod Weighted Average)
Over 12
Months
6.50
8.00
8.00
10.00
10.00
10.00
15.80
14.30
21.20
23.00
20.10
20.50
28.02
15.00
14.27
13.55
7.43
10.09
14.30
10.44
10.09
15.57
11.88
12.21
8.68
8.26
9.49
11.95
12.63
7.19
6.30
7.63
6.72
9.89
9.92
10.06
9.57
9.99
8.26
9.70
7.68
9.75
5.73
Return to Menu
Table A.2.5.2: Weighted Average Deposit and Lending Rates of Commercial Banks (P
Period Savings Prime1
1981 6.00 7.75
1982 7.50 10.25
1983 7.50 10.00
1984 9.50 12.50
1985 9.50 9.25
1986 9.50 10.50
1987 14.00 17.50
1988 14.50 16.50
1989 16.40 26.80
1990 18.80 25.50
1991 14.29 20.01
1992 16.10 29.80
1993 16.66 18.32
1994 13.50 21.00
1995 12.61 20.18
1996 11.69 19.74
1997 4.80 13.54
1998 5.49 18.29
1999 5.33 21.32
2000 5.29 17.98
2001 5.49 18.29
2002 4.15 24.85
2003 4.11 20.71
2004 4.19 19.18
2005 3.83 17.95
2006 3.14 17.26
2007 3.55 16.94
2008 2.84 15.14
2009 2.68 18.99
2010 2.21 17.59
2011 1.41 16.02
2012 1.70 16.79
2013 2.17 16.72
2014 3.38 16.55
Q1 3.30 16.85
Q2 3.42 16.57
Q3 3.36 16.49
Q4 3.44 16.28
2015 3.58 16.85
Q1 3.57 16.84
Q2 3.60 16.42
Q3 3.66 17.20
Q4 3.50 16.93
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 (
Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
e Deposit and Lending Rates of Commercial Banks (Per Cent)
Maximum
10.00
11.75
11.50
13.00
11.75
12.00
19.20
17.60
24.60
27.70
20.80
31.20
36.09
21.00
20.79
20.86
23.32
21.34
27.19
21.55
21.34
30.19
22.88
20.82
19.49
18.70
18.36
18.70
22.62
22.51
22.42
23.79
24.69
25.74
25.72
25.82
25.64
25.80
26.71
26.30
26.56
27.01
26.96

001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs)
rs are in compliance with IFRS as reported in FinA stop gap.
Return to Menu
Table A.2.5.3: Selected Financial Ratios of Commercial Banks (Percentage)
Period Liquidity Ratio1 Cash Reserve Ratio2 Cash Reserve Ratio2
Actual Prescribed Prescribed Prescribed (Public Sector Funds)
Minimum
1981 38.5
1982 40.5
1983 54.7
1984 65.1
1985 65.0
1986 36.4
1987 46.5
1988 45.0
1989 40.3
1990 44.3
1991 38.6
1992 29.1
1993 42.2
1994 48.5
1995 33.1
1996 43.1
1997 40.2
1998 46.8
1999 61.0
2000 64.1
2001 52.9
2002 52.5
2003 50.9
2004 50.5
2005 50.2
2006 55.7
2007 48.8 40.0
2008 44.3 35.0 3.0
2009 30.7 25.0 1.3
2010 30.4 25.0 1.0
2011 42.0 30.0 8.0
2012 49.7 30.0 12.0
2013 63.2 30.0 12.0 50.0
2014
Q1 37.9 30.0 15.0 75.0
Q2 35.9 30.0 15.0 75.0
Q3 41.1 30.0 15.0 75.0
Q4 38.3 30.0 20.0 75.0
2015
Q1 38.4 30.0 20.0 75.0
Q2 37.9 30.0 31.0 31.0
Q3 39.7 30.0 25.0 25.0
Q4 42.3 30.0 20.0 20.0
Source: Central Bank of Nigeria
Notes: 1Liquidity ratio is the ratio of total specified liquid assets to total current liabilities
2
Cash reserve ratio is the ratio of cash reserve requirement to total deposit liabilities
3
Loan-to-Deposit ratio is the ratio of total loans and advances to total deposit liabilities
Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
Loan-to-Deposit Ratio3
Actual Prescribed
Maximum
74.5
84.6
83.8
81.9
66.9
83.2
72.9
66.9
80.4
66.5
59.8
55.2
42.9
60.9
73.3
72.9
76.6
74.4
54.6
51.0
65.6
62.8
61.9
68.6
70.8
63.6
70.8 80.0
80.9 80.0
85.7 80.0
74.2 80.0
44.8 80.0
42.3 80.0
38.0 80.0

58.1 80.0
58.7 80.0
66.5 80.0
64.2 80.0

66.1 80.0
67.8 80.0
70.7 80.0
69.6 80.0
Return to Menu
Table A.2.6: Deposits and Loans of Rural Branches of Commercial Banks (N' Million)
Year/Quarter Deposits Loans
1982 111.7 35.9
1983 131.2 44.2
1984 276.6 58.2
1985 311.4 114.9
1986 873.5 373.6
1987 1,229.2 492.8
1988 1,378.4 659.9
1989 5,722.0 3,721.1
1990 8,360.1 4,730.8
1991 10,580.7 5,962.1
1992 4,612.2 1,895.3
1993 19,542.3 10,910.4
1994 4,855.2 1,602.2
1995 8,807.1 8,659.3
1996 12,442.0 4,411.2
1997 19,047.6 11,158.6
1998 18,513.8 11,852.7
1999 15,860.5 7,498.1
2000 20,640.9 11,150.3
2001 16,875.9 12,341.0
2002 14,861.6 8,942.2
2003 20,551.8 11,251.9
2004 64,490.0 34,118.5
2005 18,461.9 16,105.5
2006 3,118.6 24,274.6
2007 3,082.3 27,263.5
2008 13,411.8 46,521.5
2009 3,296.2 15,590.5
2010 20.8 16,556.0
2011 20.2 19,980.3
2012 19.7 22,580.0
2013 20.5 739,923.3
2014
Q1 130.8 791,950.8
Q2 493.7 827,552.4
Q3 480.7 867,700.1
Q4 480.3 988,587.9
2015
Q1 - 41,928.1
Q2 89,029.6 38,976.4
Q3 68,891.3 34,695.1
Q4 90,374.1 29,169.2
Source : Central Bank of Nigeria
Note: Rural banking started in 1977
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Table A.2.7.1: Number of Commercial Banks Branches in Nigeria and Abroad
Branches
Period Number Urban Rural Abroad1 Total
of Banks

1981 20 622 240 7 869

1982 22 676 308 7 991

1983 25 694 407 7 1108

1984 27 810 432 7 1249

1985 28 839 451 7 1297

1986 29 879 481 7 1367

1987 34 947 529 7 1483

1988 42 1057 602 6 1665

1989 47 1093 756 6 1855

1990 58 1169 765 5 1939

1991 65 1253 765 5 2023

1992 65 1495 774 6 2275

1993 66 1577 775 6 2358

1994 65 1634 763 6 2403

1995 64 1661 701 6 2368

1996 64 1727 675 5 2407

1997 64 1727 675 5 2407

1998 54 1466 714 5 2185

1999 54 1466 714 5 2185

2000 54 1466 722 5 2193

2001 90 1466 722 5 2193

2002 90 2283 722 5 3010

2003 90 2520 722 5 3247

2004 89 2765 722 5 3492


2005 2 25
Source : Central Bank of Nigeria
Note: Classification of Branches into Urban and Rural stopped in 2005 due to consolidation of banks
1
Abroad comprises branches and subsidiaries
2
The number of banks reduced to 25 following consolidation of banks
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Table A.2.7.2: Number of Deposit Money Banks Branches in Nigeria (by States) and Abroad
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Number of Banks 25 24 24 24 24 24 21 24 24 25
Branches Abroad2 2 7 8 2 2 2 2 1 1 2
Abia 104 111 138 141 146 125 138 147 144 135
Abuja(FCT) 163 219 283 361 398 359 379 397 380 369
Adamawa 39 52 58 63 67 79 63 61 47 47
Akwa-Ibom 60 78 85 99 99 92 100 94 92 103
Anambra 121 174 212 217 237 222 228 224 219 218
Bauchi 35 45 50 51 53 50 46 46 47 48
Bayelsa 28 31 37 38 37 37 37 38 38 38
Benue 39 53 61 71 75 57 73 76 67 63
Number of Deposit Money Banks Branches in Nigeria by State1

Borno 61 57 68 71 79 68 71 69 83 72
Cross-River 36 52 63 71 79 76 76 80 79 74
Delta 98 129 174 193 198 177 194 198 178 180
Ebonyi 15 22 28 32 35 45 33 33 59 61
Edo 109 118 163 175 183 162 188 192 144 165
Ekiti 31 54 67 58 80 60 64 76 91 87
Enugu 90 93 120 130 141 116 142 147 158 151
Gombe 25 29 33 40 40 36 36 37 43 41
Imo 37 57 84 104 104 97 100 102 110 105
Jigawa 19 29 34 35 39 37 36 38 63 66
Kaduna 126 133 157 164 183 170 169 171 154 164
Kano 130 130 160 183 193 186 183 183 174 170
Katsina 33 41 50 57 62 55 58 59 73 78
Kebbi 21 31 35 36 40 40 37 38 95 37
Kogi 27 64 68 81 80 77 82 84 88 80
Kwara 39 70 67 72 79 139 75 79 104 101
Lagos 1038 1407 1551 1690 1766 1453 1692 1678 1443 1486
Nasarawa 19 27 40 48 58 51 49 48 68 69
Niger 46 51 69 75 80 76 79 82 67 65
Ogun 52 122 139 149 175 402 161 154 137 142
Ondo 87 91 107 109 121 109 110 119 106 101
Osun 38 81 93 92 105 118 101 104 101 99
Oyo 112 163 191 220 236 203 223 237 347 343
Plateau 77 65 73 76 79 72 77 75 75 71
Rivers 179 197 248 273 302 246 310 311 292 275
Sokoto 46 41 54 59 53 53 52 52 43 45
Taraba 16 27 30 35 37 41 35 35 40 40
Yobe 22 32 33 32 35 35 33 35 38 41
Zamfara 15 24 29 35 35 33 34 40 39 38
Foreign 2
TOTAL 3233 4200 4952 5436 5809 5454 5564 5639 5526 5470
Source: Central Bank of Nigeria/Nigerian Deposit Insurance Corporation
Notes: 1This includes branches and cash centers of Commercial, Merchant and Non-Interest Banks.
2
Some bank branches became subsidiaries
Return to Menu
Table A.2.8: Commercial Banks' Loans to Small Scale Enterprises 1
Period Commercial Banks Loans Commercial Banks
To Small Scale Total Credit to Private
Enterprises (N' Million) Sector (N' Million)
1992 20,400.0 75,456.3
1993 15,462.9 88,821.0
1994 20,552.5 143,516.8
1995 32,374.5 204,090.6
1996 42,302.1 254,853.1
1997 40,844.3 311,358.4
1998 42,260.7 366,544.1
1999 46,824.0 449,054.3
2000 44,542.3 587,999.9
2001 52,428.4 844,486.2
2002 82,368.4 948,464.1
2003 90,176.5 1,203,199.0
2004 54,981.2 1,519,242.7
2005 50,672.6 1,991,146.4
2006 25,713.7 2,609,289.4
2007 41,100.4 4,820,695.7
2008 13,512.2 7,799,400.1
2009 16,366.5 9,667,876.7
2010 12,550.3 9,198,173.1
2011 15,611.7 9,614,445.8
2012 13,863.5 10,440,956.3
2013 15,353.0 11,543,649.9
2014
Q1 21,653.6 11,764,494.0
Q2 16,007.7 12,168,761.9
Q3 15,966.6 12,933,832.1
Q4 16,069.3 13,179,598.1
2015
Q1 9,881.5 13,631,098.3
Q2 10,155.9 13,712,964.9
Q3 12,244.4 13,362,905.5
Q4 12,949.5 13,568,543.7
Source : Computed from Deposit Money Banks' Returns
Notes: This table contains revised figures
The abolition of mandatory banks' credit allocations of 20% of it's total credit to small scale enterprises wholly owned
1

by Nigerians took effect from October 1, 1996


Small Scale Enterprises started in 1992
Commercial Banks Loans
To Small Scale Enterprises as
Percentage of Total Credit (%)
27.0
17.4
14.3
15.9
16.6
13.1
11.5
10.4
7.6
6.2
8.7
7.5
3.6
2.5
1.0
0.9
0.2
0.2
0.1
0.2
0.1
0.1

0.2
0.1
0.1
0.1

0.1
0.1
0.1
0.1
o small scale enterprises wholly owned
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Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM 1992 1993 1994 1995 1996 1997 1998
ASSETS :
1. Cash 0.03 0.04 0.03 0.03 0.06 0.04 0.05
2. Balance held with 0.45 0.50 0.81 0.65 0.43 2.47 2.66
(a) FMBN 0.06 0.08 0.08 0.13 0.05 0.08 0.09
(b) Other banks 0.39 0.42 0.73 0.52 0.38 2.39 2.57
3. Treasury Bills/Certificate 0.00 0.14 0.00 0.00 0.00 0.00 0.00
4. Placements/Investments 0.90 1.19 0.61 0.92 2.81 2.10 2.27
5. Loans 0.21 0.33 0.56 0.39 0.75 0.74 0.79
6. Other Assets 0.66 1.41 1.06 0.95 0.34 0.72 0.83
Total Assets 2.24 3.61 3.07 2.95 4.39 6.08 6.59
LIABILITIES : 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1. Capital 0.44 0.85 1.23 1.26 1.13 1.02 1.12
2. Reserves 0.06 -0.06 -0.13 -0.07 -0.06 0.03 0.05
3. Savings 0.29 0.33 0.40 0.44 0.47 0.56 0.63
4. Fixed Deposits 0.63 1.25 0.65 0.67 2.02 3.61 3.71
5. Balance held for other Fin. Ints. 0.34 0.57 0.21 0.14 0.43 0.37 0.39
6. Other Liabilities 0.49 0.68 0.71 0.51 0.40 0.50 0.70
Total Liabilities 2.24 3.61 3.07 2.95 4.39 6.08 6.59
Number of Reporting PMI 145 252 279 279 278 115 115
Loans to deposits Ratio (Per Cent) 3.19 21.23 53.66 35.78 30.32 17.72 18.12
Liquidity Ratio (Per Cent) 6.91 31.82 66.97 54.43 16.61 55.43 57.44
Liquid Assets (N' Billion) 0.48 0.68 0.84 0.68 0.49 2.51 2.71
Current Liabilities (N' Billion) 6.89 2.14 1.26 1.25 2.92 4.53 4.73
Deposits (N' Billion) 6.55 1.58 1.04 1.10 2.49 4.17 4.34
Source: Central Bank of Nigeria
Note: Liquidity Ratio = Liquid Assets/Current Liabilities x 100
Return to Menu
Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM 1999 2000 2001 2002 2003 2004
ASSETS :
1. Cash 0.05 0.05 0.06 0.41 0.81 0.73
2. Balance held with 3.30 2.98 3.31 23.03 45.00 40.68
(a) FMBN 0.09 0.09 0.09 0.68 1.33 1.20
(b) Other banks 3.22 2.90 3.22 22.35 43.67 39.47
3. Treasury Bills/Certificate 0.00 0.00 0.00 0.00 0.00 0.00
4. Placements/Investments 2.47 2.37 2.88 18.28 2.40 32.29
5. Loans 0.92 0.86 1.02 6.60 12.90 6.00
6. Other Assets 0.90 0.86 0.71 6.67 3.30 1.50
Total Assets 7.66 7.12 7.98 55.00 64.40 81.20
LIABILITIES : 0.00 0.00 0.00 0.00 0.00 0.00
1. Capital 1.35 1.24 1.42 9.55 2.70 1.80
2. Reserves 0.05 0.05 0.04 0.38 0.25 3.62
3. Savings 0.68 0.66 0.73 5.06 3.34 48.28
4. Fixed Deposits 3.91 3.81 0.63 29.43 32.80 16.30
5. Balance held for other Fin. Ints. 0.40 0.40 0.37 3.05 2.01 9.40
6. Other Liabilities 1.26 0.98 0.56 7.53 23.30 1.80
Total Liabilities 7.66 7.12 3.75 55.00 64.40 81.20
Number of Reporting PMI 115 115 71 80 81 83
Loans to deposits Ratio (Per Cent) 20.11 19.14 75.63 19.14 35.69 9.29
Liquidity Ratio (Per Cent) 67.21 62.46 195.19 62.46 120.06 55.97
Liquid Assets (N' Billion) 3.36 3.04 3.37 23.45 45.80 41.41
Current Liabilities (N' Billion) 5.00 4.86 1.73 37.54 38.15 73.98
Deposits (N' Billion) 4.60 4.47 1.35 34.48 36.14 64.58
Source: Central Bank of Nigeria
Note: Liquidity Ratio = Liquid Assets/Current Liabilities x 100
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Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM 2005 2006 2007 2008 2009 2010
ASSETS :
1. Cash 0.92 0.98 0.68 0.78 0.97 1.28
2. Balance held with 51.50 50.84 29.28 102.82 75.99 85.62
(a) FMBN 1.52 1.51 0.87 29.15 30.78 31.38
(b) Other banks 49.97 49.33 28.41 73.66 45.21 54.24
3. Treasury Bills/Certificate 0.00 0.00 0.00 0.00 0.00 0.00
4. Placements/Investments 40.88 40.36 149.09 69.83 61.19 66.99
5. Loans 2.10 7.56 40.76 108.53 118.59 132.88
6. Other Assets 4.50 14.73 82.47 47.63 72.87 72.05
Total Assets 99.90 114.45 302.28 329.59 329.61 358.81
LIABILITIES : 0.00 0.00 0.00 0.00 0.00 0.00
1. Capital 1.90 12.57 27.99 49.18 58.24 62.39
2. Reserves 4.86 0.65 12.19 20.92 22.79 21.17
3. Savings 64.84 8.72 0.00 0.00 0.00 0.00
4. Fixed Deposits 13.20 74.21 155.91 166.23 148.10 186.95
5. Balance held for other Fin. Ints. 11.80 5.26 8.68 46.77 44.42 49.60
6. Other Liabilities 3.30 12.99 97.50 46.48 56.07 38.71
Total Liabilities 99.90 114.40 302.28 329.59 329.61 358.81
Number of Reporting PMI 90 91 93 82 98 102
Loans to deposits Ratio (Per Cent) 2.69 9.12 26.14 65.29 80.07 71.08
Liquidity Ratio (Per Cent) 58.35 58.75 18.20 48.64 39.98 36.74
Liquid Assets (N' Billion) 52.42 51.81 29.96 103.60 76.96 86.90
Current Liabilities (N' Billion) 89.84 88.19 164.60 213.00 192.51 236.55
Deposits (N' Billion) 78.04 82.93 155.91 166.23 148.10 186.95
Source: Central Bank of Nigeria
Note: Liquidity Ratio = Liquid Assets/Current Liabilities x 100
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Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM 2011 2012 2013
ASSETS :
1. Cash 1.51 1.22 0.12
2. Balance held with 58.77 64.47 65.06
(a) FMBN 16.10 12.84 9.86
(b) Other banks 42.68 51.63 55.21
3. Treasury Bills/Certificate 0.00 0.00 0.00
4. Placements/Investments 89.70 99.42 83.34
5. Loans 122.81 120.91 132.29
6. Other Assets 69.35 62.12 93.81
Total Assets 342.14 348.14 374.63
LIABILITIES : 0.00 0.00 0.00
1. Capital 65.00 62.86 74.51
2. Reserves 9.43 11.74 8.67
3. Savings 0.00 0.00 0.00
4. Fixed Deposits 163.20 171.08 164.93
5. Balance held for other Fin. Ints. 54.33 47.60 53.96
6. Other Liabilities 50.19 54.85 73.83
Total Liabilities 342.14 348.14 375.89
Number of Reporting PMI 102 82
Loans to deposits Ratio (Per Cent) 75.25 70.67 80.21
Liquidity Ratio (Per Cent) 27.71 30.04 29.78
Liquid Assets (N' Billion) 60.28 65.69 65.19
Current Liabilities (N' Billion) 217.52 218.69 218.89
Deposits (N' Billion) 163.20 171.08 164.93
Source: Central Bank of Nigeria
Note: Liquidity Ratio = Liquid Assets/Current Liabilities x 100
Return to Menu
Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM ITEM 2014 2015
ASSETS : ASSETS :
1. Cash Cash at hand 0.29 0.29
2. Balance held with Balances with Banks 5.76 14.93
(a) FMBN Placements with Banks 33.16 38.32
(b) Other banks Investments 18.78 23.99
3. Treasury Bills/Certificate Other Loans & Advances 14.24 27.78
4. Placements/Investments Mortgage Loans 47.68 74.23
5. Loans Other Assets 50.97 74.09
6. Other Assets Fixed Assets 11.91 17.97
Total Assets Total Assets 182.79 271.53
LIABILITIES :
1. Capital Paid - Up Capital 58.45 78.47
2. Reserves Reserves 13.19 34.29
3. Savings Published Current Year Profit/Loss -1.16 -1.15
4. Fixed Deposits Deposits 51.55 73.72
5. Balance held for other Fin. Ints. Placements from Banks 2.14 2.80
6. Other Liabilities Long Term Loans 5.45 4.31
Total Liabilities NHF Loans 21.96 29.45
Other Liabilities 31.20 49.64
Number of Reporting PMI Total Liabilities 182.79 271.53
Loans to deposits Ratio (Per Cent)
Liquidity Ratio (Per Cent)
Liquid Assets (N' Billion)
Current Liabilities (N' Billion)
Deposits (N' Billion)
Source: Central Bank of Nigeria
Note: Liquidity Ratio = Liquid Assets/Current Liabilities x 100
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Table A.3.2: Summary of Assets/Liabilities of Discount Houses - Assets (N' Million)

ASSETS 1993 1994 1995 1 1996 1997 1998 1999


CASH AND BALANCES WITH BANKS 6.4 50.5 71.3 203.3 99.5 611.9 404.5
i) Cash on hand 0.1 0.2 0.2 0.3 0.4 0.8 2.5
ii) Balances with CBN - 15.4 (2.3) 0.0 - 0.1 -
iii) Balances with other banks 6.3 34.9 73.4 203.0 99.1 611.0 402.0

CLAIMS ON FEDERAL GOVERNMENT 4,213.2 7,126.2 1,552.6 6,479.9 1,506.4 3,038.7 8,905.1
i) Treasury Bills 4,213.2 7,125.9 1,552.6 6,479.7 1,499.2 3,031.7 5,413.0
a) Pledges - - 668.2 4,621.1 1,287.0 2,452.0 -
b) Unpledged - - 884.5 1,858.6 212.2 579.7 -
c) Bill with PDO (CBN) - - - - - - -
ii) Treasury Certificate Maturing - - - - - - 3,492.1
a) Within 1 year - - - - - - -
b) 1-2 years - - - - - - -
iii) Treasury Bonds - - - - - - -
a) Pledges - - - - - - -
b) Unpledged - - - - - - -
iv) Eligible Development Stock - 0.3 - 0.2 7.2 7.0 -

CLAIMS ON STATE GOVERNMENTS - - - - - - -


i) State Promissory Notes - - - - - - -
ii Eligible State Bonds - - - - - - -

CLAIMS ON BANKS 138.7 2,308.1 471.1 2,522.2 3,082.0 2,145.9 3,013.7


i) Money at Call - 232.0 - 179.6 115.0 147.7 390.0
ii) Loans and Advances - - 11.0 1,583.8 78.0 - 330.0
iii) Commercial Bills: - - 460.1 693.8 2,789.0 1,998.2 2,293.7
a) Bankers Acceptances 138.7 2,076.1 410.1 555.4 2,789.0 1,998.2 2,293.7
b) Promissory Notes - - 50.0 - - - -
c) Negotiable Certificate of Deposit - - - - - - -
d) Stabilisation Securities - - - 138.4 - - -
iv) Others - - - 65.0 100.0 - -

CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - 252.0 338.8 0.1 - -


Money at Call - - 252.0 338.7 - - -
Loans and Advances - - - - - - -
Commercial Bills: - - - 0.1 0.1 - -
a) Promissory Notes - - - - - - -
b) Negotiable Certificate of Deposit - - - 0.1 - - -
Others - - - - 0.1 - -

CLAIMS ON OTHERS - - 915.8 1,890.7 1,777.6 1,442.2 1,854.3


Commercial Bills - - 915.8 1,865.7 1,580.0 1,237.9 1,854.3
Loans and Advances - - - 25.0 - - -
Others (CBN Certificate) - - - - 197.6 204.3 -

OTHER ASSETS 103.5 98.4 89.3 207.9 335.7 399.0 567.4

FIXED ASSETS - - 79.7 135.7 174.8 214.9 304.6

TOTAL ASSETS 4,461.8 9,583.2 3,431.9 11,778.4 6,976.1 7,852.6 15,049.6


ASSETS ON REPURCHASE TRANSACTION - - 12,190.1 32,426.9 35,010.9 59,098.5 89,336.4
Treasury Bills - - 7,012.9 24,955.3 14,300.6 19,179.3 50,910.2
Treasury Bills (Bonds) - - - - - - -
Fixed Buy Back Repo - - - - - - -
Eligible Commercial Bills - - 5,177.2 7,471.6 20,710.3 1,005.0 33,304.2
Treasury Bills Repo with CBN - - - - - 38,914.2 4,172.0
Treasury Bills Repo with other Discount House - - - - - - -
Source: Central Bank of Nigeria
Note: 1A new reporting format was introduced in June 1995
2000 2001 2002 2003 2004 2005 2006 2007
617.3 2,227.4 740.9 1,064.9 (9.3) (4,232.6) 2,976.8 635.6
2.1 7.6 1.0 1.1 1.0 0.9 0.9 1.5
43.7 887.6 - 5.3 1.0 (4,636.0) 3,286.0 (5,133.6)
571.5 1,332.2 739.9 1,058.5 (11.3) 402.5 (310.1) 5,767.7

15,292.3 13,098.2 32,771.4 26,145.3 42,297.9 64,885.7 101,038.2 178,572.8


15,292.3 13,098.2 32,771.4 23,740.9 38,090.6 48,477.8 70,164.7 115,365.9
10,022.8 - 16,442.4 9,529.9 9,346.3 1,900.0 8,311.0 2,500.0
5,269.5 - 16,329.0 14,211.0 28,744.3 46,577.8 61,853.7 112,865.9
- - - - - - - -
- - - - 2,807.3 9,507.9 12,947.0 52,517.3
- - - - - - 6,460.0 41,398.9
- - - 750.0 2,807.3 9,507.9 6,487.0 11,118.4
- - - - - 250.0 1,863.7 -
- - - - - - 1,863.7 -
- - - - - 250.0 - -
- - - 1,000.0 1,400.0 6,650.0 16,062.8 10,689.6

- - - - 883.9 825.4 415.6 -


- - - - - - - -
- - - - 883.9 825.4 415.6 -

6,399.1 9,085.4 13,171.3 18,384.1 12,663.3 20,183.1 51,827.1 86,569.3


418.0 1,887.0 1,841.6 5,421.9 4,681.5 2,206.4 1.8 7,000.0
1,324.0 1,450.0 - 707.2 1,457.2 - 1,000.0 -
4,657.1 5,748.4 10,407.9 5,421.8 3,238.6 17,976.7 11,886.8 79,569.3
4,657.1 5,748.4 10,407.9 5,421.8 3,238.6 1,221.2 - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - 4,105.1 0.2 - 38,938.5 -

- - - - - 100.0 - 1,784.2
- - - - - 100.0 - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - 1,784.2

5,723.2 4,811.0 5,036.7 3,391.9 6,249.1 6,976.9 20,348.7 21,102.5


5,723.2 2,448.3 5,036.7 3,073.9 5,752.9 6,351.3 18,791.2 15,835.2
- - - 313.6 491.9 625.6 1,557.5 5,267.2
- 2,362.7 - 4.4 4.3 - - -

1,801.8 2,738.7 5,122.7 3,137.4 4,587.6 9,868.5 9,175.4 9,038.0

427.1 393.0 439.9 607.6 673.6 696.6 749.5 563.6

30,260.8 32,353.7 57,282.9 52,731.2 67,346.2 99,303.6 186,531.3 298,266.0


126,802.3 128,995.0 99,369.7 116,192.8 113,051.1 53,278.7 76,393.5 256,795.7
50,937.8 47,716.4 58,839.1 55,235.9 51,381.9 5,658.5 20,885.1 134,105.6
- - - - - 13,728.4 - -
1,632.0 - 3,107.0 15.5 - - - -
74,232.5 81,278.6 33,756.0 60,941.4 60,155.8 33,891.8 55,508.4 99,604.3
- - 3,667.6 - - - - -
- - - - 1,372.4 - - 23,085.8
Table A.3.2: Summary of Assets/Liabilities of Discount Houses - Assets (N' Million)

ASSETS 2008 2009 2010 2011 2012 2013 Mar


CASH AND BALANCES WITH BANKS 7,240.0 2,398.3 5,917.8 2,415.5 4,315.2 1,278.5 3,107.0
i) Cash on hand 1.3 0.7 1.0 1.5 1.3 0.2 0.5
ii) Balances with CBN 2,099.2 695.8 1,090.2 1,282.6 2,615.0 93.7 1,736.9
iii) Balances with other banks 5,139.5 1,701.8 4,826.6 1,131.4 1,698.8 1,184.5 1,369.6

CLAIMS ON FEDERAL GOVERNMENT 217,303.1 230,233.2 261,044.8 223,277.5 266,823.6 94,394.7 96,128.6
i) Treasury Bills 45,578.1 52,366.0 60,883.4 60,768.4 124,865.7 31,359.9 61,763.8
a) Pledges - - - - - - -
b) Unpledged 45,578.1 52,366.0 60,883.4 60,768.4 124,865.7 31,359.9 61,763.8
c) Bill with PDO (CBN) - - - - - - -
ii) FGN Bonds 171,725.0 177,867.2 200,161.4 162,509.1 141,957.9 63,034.9 34,364.8
a) Within 1 to 3 years 47,750.9 100,069.2 57,131.7 79,374.4 36,893.7 15,299.6 15,150.0
b) Over 3 years 123,974.0 77,798.0 143,029.7 83,134.7 105,064.2 47,735.3 19,214.8
iii) Treasury Bonds - - - - - - -
a) Pledges - - - - - - -
b) Unpledged - - - - - - -
iv) Eligible Development Stock - - - - - - -

CLAIMS ON STATE GOVERNMENTS - - 1,350.0 5,186.8 5,696.4 2,536.7 2,728.5


i) State Promissory Notes - - - - - - -
ii Eligible State Bonds - - 1,350.0 5,186.8 5,696.4 2,536.7 2,728.5

CLAIMS ON BANKS 155,487.8 2,150.4 8,767.1 10,807.4 2,549.5 9,948.6 7,971.1


i) Money at Call 20,121.9 - 6,700.0 10,751.9 250.0 9,948.6 7,971.1
ii) Loans and Advances 5,601.2 - 500.0 - - - -
iii) Commercial Bills: 129,764.7 2,150.4 1,019.9 - 1,523.8 - -
a) Bankers Acceptances - - - - - - -
b) Promissory Notes - - - - - - -
c) Negotiable Certificate of Deposit - - - - - - -
d) Stabilisation Securities - - - - - - -
iv) Others - - 547.2 55.5 775.7 - -

CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - - - - - -


Money at Call - - - - - - -
Loans and Advances - - - - - - -
Commercial Bills: - - - - - - -
a) Promissory Notes - - - - - - -
b) Negotiable Certificate of Deposit - - - - - - -
Others - - - - - - -

CLAIMS ON OTHERS 23,057.7 88,269.1 60,375.6 35,048.4 35,834.6 12,276.6 14,941.7


Commercial Bills 17,529.3 67,770.2 40,134.5 12,553.2 12,992.4 9,363.5 12,053.5
Loans and Advances 4,794.3 20,863.9 19,200.8 17,899.0 14,685.8 - -
Others (CBN Certificate) 734.1 (365.0) 1,040.3 4,596.2 8,156.3 2,913.1 2,888.1
-
OTHER ASSETS 13,401.0 22,250.1 23,745.4 42,436.2 26,121.0 12,053.8 13,506.3

FIXED ASSETS 665.0 653.1 1,207.4 1,581.3 3,378.7 1,274.1 1,250.0

TOTAL ASSETS 417,154.6 345,954.1 362,408.1 320,753.1 344,718.8 133,762.9 139,633.2


ASSETS ON REPURCHASE TRANSACTION 465,618.1 109,864.0 60,271.0 106,713.2 87,326.5 27,658.3 14,939.6
Treasury Bills 159,023.0 64,755.0 25,797.4 71,025.0 33,578.5 20,570.0 9,113.0
Treasury Bills (Bonds) - - - - - - -
Fixed Buy Back Repo - - - - - - -
Eligible Commercial Bills 60,401.6 26,777.9 34,473.6 23,039.1 35,334.4 7,088.3 5,826.6
Treasury Bills Repo with CBN - - - - - - -
Treasury Bills Repo with other Discount House 246,193.5 18,331.1 - 12,649.1 18,413.5 - -
Source: Central Bank of Nigeria
Note: 1A new reporting format was introduced in June 1995
Note:2A new reporting format was introduced in March 2015 and Dec Figures are for October because Discount houses soped reporting on FinA
2014 2015
Jun Sep Dec ASSETS Mar '2A Jun Sep Dec '2A
1,345.9 1,065.1 1,111.3 CASH AND BALANCES WITH BANKS 1,084.8 2,377.5 872.1 633.2
0.6 0.6 0.2 i) Cash on hand 0.1 0.2 2.4 2.8
31.6 37.1 76.1 ii) Balances with CBN 1.4 468.1 1.4 1.8
1,313.7 1,027.3 1,034.9 iii) Balances with other banks 1,083.4 1,909.2 868.3 628.7

94,852.3 93,865.4 92,646.7 CLAIMS ON FEDERAL GOVERNMENT 68,477.6 99,919.7 51,971.3 51,367.3
63,875.2 52,633.5 57,554.1 i) Treasury Bills 50,407.3 67,159.7 32,441.9 32,302.9
- - - a) Held for Trading 7,810.4 16,598.3 8,925.0 14,229.9
63,875.2 52,633.5 57,554.1 b) Available For Sales (AFS) 42,596.9 50,561.4 23,516.9 18,072.9
- - - c) Bill with PDO (CBN)
30,977.1 41,231.9 35,092.6 ii) FGN Bond 18,070.2 32,760.0 19,529.4 19,064.5
7,300.0 17,687.7 10,372.0 a) Held for Trading (6,799.9) (1,877.7) (3,204.5) (2,961.9)
23,677.1 23,544.2 24,720.6 b) Available For Sales (AFS) 24,870.1 34,637.8 22,733.8 22,026.3
- - -
- - - CLAIMS ON STATE GOVERNMENTS 2125.41 7184.22 7544.16 7544.16
- - - i) State Promissory Notes - - - -
- - - a) Held for trading - - - -
b) Available for Sales - - - -
2,378.5 2,504.6 2,139.0 ii) Eligible State Bonds 2,125.4 7,184.2 7,544.2 7,544.2
- - - a) Held for trading - - - -
2,378.5 2,504.6 2,139.0 b) Available for Sales 2,125.4 7,184.2 7,544.2 7,544.2

30,120.6 26,474.7 4,988.3 CLAIMS ON BANKS 27,347.5 43,419.4 30,540.5 39,455.7


30,120.6 26,209.5 4,723.1 i) Money at Call - - - -
- - - ii) Loans and Receivables 25,810.5 33,929.2 29,680.5 38,595.7
- 265.2 265.2 iii) Commercial Bills: - - - -
- - - iv) Palcement 1,537.1 9,490.3 860.0 860.0
- - - iv) Others
- - -
- - - CLAIMS ON OTHER FINANCIAL INSTITUTIONS - - -
- - - Money at Call - - -
Loans and Receivables - - -
- - - Commercial Bills: - - -
- - -
- - - CLAIMS ON NON FINANCIAL INSTITUTIONS - - -
- - - Commercial Bills - - -
- - - Loans and Advances - - -
- - -
- - - OTHER INVESTMENTS 296.7 2,936.1 364.9 337.9
Other Investment (Quoted & Unquoted) 15.1 2,504.0 15.1 15.1
31,124.4 17,530.2 19,037.1 Staff Loans & Receivables 281.6 432.1 349.8 322.9
29,531.0 17,158.1 18,665.4
- - -
1,593.4 372.0 371.7
- - -
12,100.4 12,698.6 10,069.5 OTHER ASSETS 9,292.7 17,148.7 11,947.8 10,155.1

1,224.5 1,200.6 1,237.8 FIXED ASSETS 794.0 2,424.4 786.4 775.9

173,146.6 155,339.1 131,229.6 TOTAL ASSETS 109,418.8 175,410.0 104,027.1 110,269.4


7,737.1 7,354.3 3,163.0 ASSETS ON REPURCHASE TRANSACTION
5,811.0 6,865.0 - Treasury Bills
- - - Treasury Bills (Bond)
- - - Fixed Buy Back Repo
1,926.1 489.3 3,163.0 Eligible Commercial Bills
- - - Treasury Bills Repo with CBN
- - - Treasury Bills Repo with other Discount Houses
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Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)

LIABILITIES 1993 1994 1995 1996 1997 1998 1999 2000


CAPITAL AND RESERVES 436.0 565.7 865.5 1,251.6 1,430.5 1,710.3 2,136.5 3,730.7
i) Paid-up Capital 385.0 437.5 667.5 948.5 950.3 1,059.6 1,425.5 2,321.4
ii) Statutory Reserves 0.5 18.5 51.0 127.8 141.2 220.0 329.9 563.0
iii) Share Premium - - 64.9 37.9 113.7 5.4 113.3 159.3
iv) Other Reserves 50.5 109.7 82.1 51.6 155.4 52.8 - -
v) General Reserve - - - 85.9 69.9 372.5 267.8 687.0

MONEY-AT-CALL 3,350.0 5,517.6 707.9 7,653.1 1,617.4 3,082.9 6,523.4 15,294.6


i) Commercial Banks - - 678.9 6,125.8 701.1 1,274.2 3,830.0 11,624.0
ii) Merchant Banks - - 25.0 313.2 5.8 464.0 726.0 1,297.0
iii) Non-Bank Financial Institutions - - 4.1 1,214.0 907.4 1,333.7 1,916.1 2,289.2
iv) Others - - - 0.1 3.1 5.5 43.0 39.5
v) Associated Treasury Notes - - - - - 5.5 8.3 44.9

OTHER AMOUNT OWING TO: - - - 251.2 2.6 231.5 2,179.9 5,941.1


i) Commercial Banks - - - - - 108.1 145.2 3,817.1
ii) Merchant Banks - - - - 1.0 - - 561.8
iii) Non-Bank Financial Institutions - - - 1.2 - - - -
iv) Others - - - 250.0 1.6 123.4 2,034.7 1,562.2

BORROWINGS 2.9 2,347.5 610.0 13.4 2,219.9 3.3 24.6 475.6


i) Central Bank of Nigeria 2.6 - - - 2,016.3 - - -
ii) Overdrafts - - - 13.4 3.6 3.3 24.6 449.6
iii) Other Banks 0.3 2,347.5 610.0 - 200.0 - - 26.0
OTHER LIABILITIES 672.9 1,152.4 1,248.4 2,609.2 1,705.7 2,824.6 4,185.2 4,818.8

TOTAL LIABILITIES 4,461.8 9,583.2 3,431.9 11,778.4 6,976.1 7,852.6 15,049.6 30,260.8

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS - - 12,190.1 32,426.9 35,010.9 59,098.5 89,336.4 126,802.3
- Repo with CBN - - - - 44.2 1.0 15,734.5 -
- Repo with Banks - - 7,901.0 27,417.6 15,651.4 22,079.7 43,700.0 55,667.8
- Fixed Buy Back Repo - - - - - 1,005.0 750.0 1,632.0
- Repo with Discount Houses - - - 5,009.3 - 575.8 - -
- Repo with Others - - 4,289.1 - 19,315.3 35,437.0 29,151.7 69,502.5
Source: Central Bank of Nigeria
Note: A new reporting format was introduced in March 2015.
/1 Last returns by Discount Houses were as at end-October 2015.
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Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)

LIABILITIES 2001 2002 2003 2004 2005


CAPITAL AND RESERVES 4,948.6 6,511.0 7,679.0 9,924.5 13,029.5
i) Paid-up Capital 2,876.5 3,327.3 4,469.7 6,577.8 8,818.0
ii) Statutory Reserves 1,000.0 1,457.2 1,274.1 2,289.7 2,275.8
iii) Share Premium - 712.3 1,528.9 19.8 -
iv) Other Reserves 150.9 158.8 - 285.9 1,000.2
v) General Reserve 921.2 855.4 406.3 751.2 935.5

MONEY-AT-CALL 11,296.4 25,228.0 23,287.4 25,087.9 34,066.8


i) Commercial Banks 80,980.0 14,418.7 14,628.6 11,964.1 14,135.5
ii) Merchant Banks 804.1 6,792.1 5,424.1 8,254.0 16,150.5
iii) Non-Bank Financial Institutions 2,300.5 3,482.2 1,972.4 4,231.9 2,000.0
iv) Others 93.8 535.0 1,262.3 638.0 1,780.8
v) Associated Treasury Notes - - - - -

OTHER AMOUNT OWING TO: 6,735.8 18,453.2 10,740.5 22,447.5 39,974.2


i) Commercial Banks 1,367.0 9,264.0 9,266.2 11,706.5 32,600.8
ii) Merchant Banks 193.0 1,723.5 725.0 1,922.9 1,896.0
iii) Non-Bank Financial Institutions 987.6 - - - -
iv) Others 4,188.2 7,465.7 749.3 8,818.0 5,477.4

BORROWINGS 16.8 11.4 8.1 11.1 3,461.1


i) Central Bank of Nigeria - - - - -
ii) Overdrafts 16.8 11.4 8.1 11.1 3,461.1
iii) Other Banks - - - - -
OTHER LIABILITIES 9,356.1 7,079.2 11,016.2 9,875.3 8,772.0

TOTAL LIABILITIES 32,353.7 57,282.9 52,731.2 67,346.2 99,303.6

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS 128,995.6 30,559.9 116,192.9 113,051.1 32,612.6
- Repo with CBN - 1,228.4 - - -
- Repo with Banks 61,235.8 20,489.3 63,976.5 55,384.2 3,627.3
- Fixed Buy Back Repo - 6,403.0 15.5 141.0 11,689.7
- Repo with Discount Houses - - 5,660.5 1,372.4 -
- Repo with Others 67,759.7 2,439.2 46,540.4 56,153.5 17,295.6
Source: Central Bank of Nigeria
Note: A new reporting format was introduced in March 2015.
/1 Last returns by Discount Houses were as at end-October 2015.
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Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)

LIABILITIES 2006 2007 2008 2009 2010 2011 2012 2013


CAPITAL AND RESERVES 16,326.4 22,849.1 33,684.3 41,997.3 41,374.9 49,612.1 34,970.5 18,044.5
i) Paid-up Capital 9,780.7 11,086.5 11,544.6 14,590.6 15,590.6 15,645.2 15,480.0 6,784.6
ii) Statutory Reserves 3,631.3 4,217.4 5,828.8 7,873.9 8,553.2 10,535.8 12,141.6 5,090.2
iii) Share Premium 50.3 1,614.6 1,737.3 4,737.3 4,737.3 4,737.3 4,737.3 3,090.3
iv) Other Reserves 757.9 3,581.9 9,665.1 7,762.9 6,579.2 11,019.8 11,099.1 1,346.3
v) General Reserve 2,106.2 2,348.6 4,908.5 7,032.6 5,914.7 7,674.0 (8,487.4) 1,733.1

MONEY-AT-CALL 76,020.2 97,049.8 195,901.0 206,713.2 247,727.7 152,927.7 206,301.9 62,559.2


i) Commercial Banks 72,973.7 91,982.1 192,751.5 180,874.1 221,977.1 127,372.8 191,790.7 17,521.8
ii) Merchant Banks - - - - - - - -
iii) Non-Bank Financial Institutions - 2,800.0 - - - - - -
iv) Others 3,046.5 2,267.7 3,149.5 25,839.2 25,750.6 25,554.9 14,511.2 45,037.4
v) Associated Treasury Notes - - - - - - - -

OTHER AMOUNT OWING TO: 81,915.8 158,579.5 42,145.9 69,467.9 22,833.1 54,242.5 56,458.8 40,018.5
i) Commercial Banks 63,486.2 146,330.9 30,830.5 63,419.4 21,020.3 40,672.6 14,909.0 73.6
ii) Merchant Banks - - - - - - - -
iii) Non-Bank Financial Institutions 13,720.9 1,000.0 - - - - - -
iv) Others 4,708.7 11,248.7 11,315.4 6,048.5 1,812.8 13,569.9 41,549.8 39,945.0

BORROWINGS 7.5 3,239.6 118,201.0 16.9 5,850.9 3,000.0 - -


i) Central Bank of Nigeria - - - - - - - -
ii) Overdrafts 7.5 - 85.4 16.9 0.9 - - -
iii) Other Banks - 3,239.6 118,115.6 - 5,850.0 3,000.0 - -
OTHER LIABILITIES 12,261.4 16,548.0 27,222.4 27,758.8 44,622.9 60,970.7 46,987.6 13,140.7

TOTAL LIABILITIES 186,531.3 298,266.0 417,154.6 345,954.1 362,409.4 320,753.0 344,718.8 133,762.9

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS 77,291.6 228,435.5 465,618.1 109,864.0 60,271.0 106,713.2 87,326.5 27,658.3
- Repo with CBN 6,083.3 - 10,500.0 - - 6,600.0 - -
- Repo with Banks 15,700.0 149,445.9 - 64,750.0 25,009.9 66,425.0 38,686.0 20,570.0
- Fixed Buy Back Repo - - - - - - - -
- Repo with Discount Houses - - 414,525.0 - - - - -
- Repo with Others 55,508.3 78,989.6 40,593.1 45,114.0 35,261.1 33,688.2 48,640.5 7,088.3
Source: Central Bank of Nigeria
Note: A new reporting format was introduced in March 2015.
/1 Last returns by Discount Houses were as at end-October 2015.
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Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
2014
LIABILITIES Mar Jun Sep Dec LIABILITIES Mar
CAPITAL AND RESERVES 22,980.4 31,851.5 29,871.3 29,753.4 CAPITAL AND RESERVES 13,376.09
i) Paid-up Capital 6,784.6 8,854.1 8,854.2 8,854.1 i) Paid-up Capital 4,000.00
ii) Statutory Reserves 5,558.5 5,959.4 5,959.4 5,959.4 ii) Statutory Reserves 3,856.87
iii) Share Premium 3,090.3 6,418.6 6,418.6 6,331.2 iii) Share Premium/Bonus Issue 3,000.00
iv) Other Reserves 3,163.2 6,235.6 4,255.3 4,224.9 iv) Other Reserves 1,206.31
v) General Reserve 4,383.8 4,383.8 4,383.8 4,383.8 v) Other Comprehensive Income -
vi) Retained Earning 1,312.92
MONEY-AT-CALL 57,136.7 59,990.2 71,547.0 71,692.0
i) Commercial Banks 5,515.0 - 5,000.0 16,592.6 MONEY-AT-CALL 51,537.39
ii) Merchant Banks - - - - i) Commercial Banks -
iii) Non-Bank Financial Institutions 48,687.7 55,568.7 62,336.6 49,024.5 ii) Merchant Banks
iv) Others 2,934.1 4,421.4 4,210.4 6,074.9 iii) Non-Bank Financial Institutions 51,537.39
v) Associated Treasury Notes - - - - iv) Discount Houses -

OTHER AMOUNT OWING TO: 45,715.4 46,261.1 29,591.5 23,495.4 TAKINGS: 5,613.14
i) Commercial Banks 5,425.1 14,259.6 3,901.1 3,000.0 i) Commercial Banks -
ii) Merchant Banks - - - - ii) Discount Houses -
iii) Non-Bank Financial Institutions - - - - iii) Non-Bank Financial Institutions 5,613.14
iv) Others 40,290.3 32,001.6 25,690.4 20,495.4
BORROWINGS 21,768.04
BORROWINGS - 21,000.0 16,229.2 63.8 i) Central Bank of Nigeria -
i) Central Bank of Nigeria - - - - ii) Banks 6,229.20
ii) Overdrafts - - - 63.8 iii) Disount Houses -
iii) Other Banks - 21,000.0 16,229.2 - iv) Non-Bank Financial Institution -
v) Corporate Entities -
OTHER LIABILITIES 13,800.6 14,043.8 8,100.1 6,224.9 vi) Individuals 15,538.84

TOTAL LIABILITIES 139,633.2 173,146.6 155,339.1 131,229.6 OTHER LIABILITIES 5,561.12

LIABILITIES FOR ASSETS SUBJECT TO TOTAL LIABILITIES 109,418.79


REPURCHASE ARRANGEMENTS 14,939.6 7,737.1 7,354.3 3,163.0
- Repo with CBN - - - - LIABILITIES FOR ASSETS SUBJECT TO 11,563.00
- Repo with Banks 9,113.0 5,811.0 6,865.0 - REPURCHASE ARRANGEMENTS -
- Fixed Buy Back Repo - - - - - Repo with CBN 11,563.00
- Repo with Discount Houses - - - - - Repo with Banks
- Repo with Others 5,826.6 1,926.1 489.3 3,163.0 - Fixed Buy Back Repo
Source: Central Bank of Nigeria - Repo with Discount Houses
Note: A new reporting format was introduced in March 2015. - Repo with Others
/1 Last returns by Discount Houses were as at end-October 2015.
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Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
2015
LIABILITIES Jun Sep Dec /1
CAPITAL AND RESERVES 35,026.46 19,174.75 18,330.32
i) Paid-up Capital 9,155.94 4,301.58 4,301.58
ii) Statutory Reserves 6,858.93 3,856.87 3,856.87
iii) Share Premium 7,235.97 3,904.73 3,904.73
iv) Other Reserves 110.92 - -
v) General Reserve - 127.43 -
11,664.70 6,984.14 6,267.14
MONEY-AT-CALL
i) Commercial Banks 52,510.82 58,412.32 55,970.79
ii) Merchant Banks - - -
iii) Non-Bank Financial Institutions
iv) Others 52,510.82 58,412.32 55,970.79
v) Associated Treasury Notes - - -

OTHER AMOUNT OWING TO: 33,895.14 1,084.22 93.68


i) Commercial Banks - - -
ii) Merchant Banks - - -
iii) Non-Bank Financial Institutions 33,895.14 1,084.22 93.68
iv) Others
27,125.46 20,588.75 20,642.97
BORROWINGS 4,605.78 - -
i) Central Bank of Nigeria 3,940.00 - -
ii) Overdrafts - - -
iii) Other Banks - - -
- - -
OTHER LIABILITIES 18,579.68 20,588.75 20,642.97

TOTAL LIABILITIES 7,857.12 4,637.07 5,731.69

LIABILITIES FOR ASSETS SUBJECT TO 175,409.98 104,027.11 110,269.44


REPURCHASE ARRANGEMENTS
- Repo with CBN 18,995.00 130.00 9,500.00
- Repo with Banks - - -
- Fixed Buy Back Repo 18,995.00 130.00 9,500.00
- Repo with Discount Houses
- Repo with Others
Source: Central Bank of Nigeria
Note: A new reporting format was introduced in March 2015.
/1 Last returns by Discount Houses were as at end-October 2015.
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Table A.3.4: Selected Financial Ratios of Discount Houses

ITEM Target 1993 1994 1995 1996 1997 1998 1999


Assets Structure
Assets 4,029,614.0 7,125,921.0 1,552,642.0 6,479,674.0 1,498,180.0 3,031.7 3,317.0
Treasury Bills of Less Than 91 Days Maturity 4,029,614.0 7,125,921.0 1,552,642.0 6,479,674.0 1,498,180.0 3,031.7 3,317.0
Treasury Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Liabilities 3,352,974.0 7,865,119.0 1,317,937.0 7,917,603.0 3,841,902.0 3,317.7 3,517.0
Money at Call 3,350,050.0 5,517,625.0 707,937.0 7,653,068.0 1,619,311.0 3,082.9 3,276.0
Borrowings 2,924.0 2,347,494.0 610,000.0 13,354.0 2,219,959.0 3.3 12.0
Other Amounts Owing 0.0 0.0 0.0 251,181.0 2,632.0 231.5 229.0
Structure of Assets Ratio1 (%) 70.00 120.2 90.6 117.8 81.8 39.0 91.4 94.3
Total Borrowings & Amount Owing 2,924.0 2,347,494.0 610,000.0 264,535.0 2,222,591.0 234.8 241.0
Borrowings 2,924.0 2,347,494.0 610,000.0 13,354.0 2,219,959.0 3.3 12.0
Amount Owing 0.0 0.0 0.0 251,181.0 2,632.0 231.5 229.0
Capital & Reserves 436,003.0 565,672.0 865,474.0 1,251,646.0 1,430,542.0 1,710.3 2,077.0
Capital 385,000.0 437,500.0 667,450.0 948,500.0 950,355.0 1,059.6 1,419.0
Reserves 51,003.0 128,172.0 198,024.0 303,146.0 480,187.0 650.7 658.0
Gearing Ratio: x:1 x=50 0.0 4.2 0.7 0.2 0.1 0.1 0.1
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.
/1 Last returns by Discount Houses were as at end-October 2015.
2000 2001 2002

15,292.0 13,098.0 32,771.0


15,292.0 13,098.0 32,771.0
0.0 0.0 0.0
21,711.0 18,049 43,693.0
15,295.0 11,296.0 25,228.0
476.0 17.0 11.0
5,941.0 6,736.0 18,453.0
70.4 72.6 75.0
6,417.0 6,773.0 18,465.0
476.0 17.0 11.0
5,941.0 6,756.0 18,453.0
3,731.0 4,949.0 6,511.0
2,321.0 2,876.5 3,327.0
1,409.0 2,072.5 3,184.0
1.7 1.4 2.8
Table A.3.4: Selected Financial Ratios of Discount Houses - Continued

ITEM Target 2003 2004 2005 2006 2007 2008 2009 2010
Assets Structure
Assets 23,741.0 38,090.6 38,090.6 72,028.4 115,365.9 45,578.1 67,152.4 60,883.4
Treasury Bills of Less Than 91 Days Maturity 23,741.0 38,090.6 38,090.6 70,164.7 115,365.9 45,578.1 67,152.4 60,883.4
Treasury Bonds 0.0 0.0 0.0 1,863.7 0.0 0.0 0.0 0.0
Liabilities 34,036.0 47,546.5 47,546.5 157,943.5 258,869.0 356,247.9 239,535.7 276,411.7
Money at Call 23,287.0 25,087.9 25,087.9 76,020.2 97,049.8 195,901.0 216,713.2 247,727.7
Borrowings 8.0 11.0 11.0 7.5 3,239.6 118,201.0 16.9 5,850.9
Other Amounts Owing 10,741.0 22,447.5 22,447.5 81,915.8 158,579.5 42,145.9 22,805.6 22,833.1
Structure of Assets Ratio1 (%) 60.00 69.8 80.1 80.1 45.6 44.6 12.8 28.0 22.0
Total Borrowings & Amount Owing 10,749.0 22,458.6 22,458.6 81,923.3 161,819.2 160,346.9 22,822.5 28,684.0
Borrowings 8.0 11.0 11.0 7.5 3,239.6 118,201.0 16.9 5,850.9
Amount Owing 10,741.0 22,447.5 22,447.5 81,915.8 158,579.5 42,145.9 22,805.6 22,833.1
Capital & Reserves 7,679.0 9,924.5 9,924.5 16,326.4 22,849.1 33,684.3 41,997.3 41,374.9
Capital 4,470.0 6,577.8 6,577.8 9,780.7 11,086.5 11,544.6 14,590.6 15,590.6
Reserves 3,209.0 3,346.7 3,346.7 6,545.7 11,762.5 22,139.7 27,406.7 25,784.3
Gearing Ratio: x:1 x=50 1.4 2.3 2.3 5.0 7.1 4.8 0.5 0.7
Source: Central Bank of Nigeria
Notes: 1Target for Structure of Assets Ratio was set and retained at 70% between 1993 and 2002. It was changed to 60% in 2003.
2014 2015
2011 2012 2013 Mar Jun Sep Dec Mar Jun Sep Dec /1

60,768.4 124,865.7 31,359.9 61,763.8 63,875.2 52,633.5 57,554.1 50,407.3 67,159.7 32,441.9 32,302.9
60,768.4 124,865.7 31,359.9 61,763.8 63,875.2 52,633.5 57,554.1 50,407.3 67,159.7 32,441.9 32,302.9
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
210,170.2 262,760.7 102,577.7 102,852.2 127,251.3 117,367.8 95,251.2 78,918.6 113,531.4 80,085.3 76,707.4
152,927.7 206,301.9 62,559.2 57,136.7 59,990.2 71,547.0 71,692.0 51,537.4 52,510.8 58,412.3 55,970.8
3,000.0 0.0 0.0 0.0 21,000.0 16,229.2 63.8 5,613.1 33,895.1 1,084.2 93.7
54,242.5 56,458.8 40,018.5 45,715.4 46,261.1 29,591.5 23,495.4 21,768.0 27,125.5 20,588.7 20,643.0
28.9 47.5 30.6 60.1 50.2 44.8 60.4 63.9 59.2 40.5 42.1
57,242.5 56,458.8 40,018.5 45,715.4 67,261.1 45,820.7 23,559.2 27,381.2 61,020.6 21,673.0 20,736.7
3,000.0 0.0 0.0 0.0 21,000.0 16,229.2 63.8 21,768.0 27,125.5 20,588.7 20,643.0
54,242.5 56,458.8 40,018.5 45,715.4 46,261.1 29,591.5 23,495.4 5,613.1 33,895.1 1,084.2 93.7
49,612.1 34,970.5 18,044.5 22,980.4 31,851.5 29,871.3 29,753.4 13,376.1 35,026.5 19,174.8 18,330.3
15,645.2 15,480.0 6,784.6 6,784.6 8,854.1 8,854.2 8,854.1 4,000.0 9,155.9 4,301.6 4,301.6
33,966.9 19,490.5 11,259.9 16,195.8 22,997.4 21,017.1 20,899.3 9,376.1 25,870.5 14,873.2 14,028.7
1.2 1.6 2.2 2.0 2.1 1.5 0.8 2.0 1.7 1.1 1.1
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Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)

ITEM 1992 1993 1994 1995 1996 1997 1998 1999


ASSETS :
Cash in hand 66.7 190.7 233.1 286.3 278.7 414.1 830.4 1,299.0
Balance with other banks 245.9 781.2 879.8 897.5 944.9 614.9 1,230.7 1,817.6
Money at call 197.7 695.7 773.2 403.8 157.8 327.8 155.0 177.3
Bills Discounted 23.3 23.4 24.7 4.8 6.4 113.2 97.2 116.0
Loans & Advances: 135.8 654.5 1,220.6 1,129.8 1,400.2 1,618.8 2,526.8 2,958.3
(a) Agriculture & forestry 29.5 123.2 155.4 98.6 229.4 367.4 962.7 1,007.2
(b) Mining & Quarrying 3.7 5.7 32.2 17.9 17.6 28.5 31.0 27.0
(c) Manufacturing & Food Processing 19.9 129.6 201.0 124.8 155.4 200.0 299.4 293.5
(d) Real Estate & Construction 14.6 47.5 34.9 102.6 92.7 105.2 67.1 71.9
(e) Transport/Commerce 45.6 280.0 513.8 575.7 695.0 729.9 1,042.7 1,447.8
(f) Others 22.5 68.5 283.3 210.2 210.1 187.8 123.9 110.9
Short Term Investments (TBs) - - - - - - - -
Long Term Investments 118.4 326.6 491.4 354.3 254.0 384.0 218.4 436.8
Equipment on Lease - - 6.0 1.6 7.2 139.6 48.8 74.7
Fixed Assets 124.9 406.4 753.7 673.4 728.3 940.2 656.8 1,010.7
Other Assets 54.5 120.1 310.7 355.0 655.0 153.8 713.1 1,013.2
TOTAL ASSETS 967.2 3,198.6 4,693.2 4,106.5 4,432.5 4,706.4 6,477.2 8,903.6
- - - - - - - -
LIABILITIES: - - - - - - -
Deposits 639.6 2,188.2 3,216.7 2,834.6 2,876.3 3,181.9 4,454.2 4,140.3
(a) Demand 207.9 588.5 836.3 832.9 780.7 842.1 1,252.4 1,163.4
(b) Savings 304.2 1,107.9 1,865.7 1,672.3 1,786.2 1,945.7 2,595.3 2,413.8
(c) Time 127.5 491.8 514.7 329.4 309.4 394.1 606.5 563.1
Money at Call Takings - - 5.1 0.7 - 5.2 - -
Balances held for Banks 39.5 63.9 33.6 14.4 13.7 28.8 - -
Matching Loans 36.9 74.6 71.1 107.9 38.1 68.9 42.3 62.5
Other Loans1 - - 108.2 - 60.9 9.0 94.7 -
Shareholders Funds 227.0 625.3 935.4 861.0 870.7 1,385.8 1,479.3 1,858.4
(a) Paidup Capital 197.9 417.2 769.0 787.4 803.7 774.8 1,123.5 1,514.2
(b) Reserve 29.1 208.1 166.4 73.6 67.0 611.0 355.8 344.2
Other Liabilities 24.2 246.6 323.1 287.9 572.8 26.8 406.7 2,842.4
TOTAL LIABILITIES 967.2 3,198.6 4,693.2 4,106.5 4,432.5 4,706.4 6,477.2 8,903.6

Number of Reporting Banks 334 611 902 745 693 674 552 550
Loans to Deposit Ratio2 23.4 30.1 38.3 39.8 48.7 53.9 58.9 74.3
Liquidity Ratio3 75.1 74.0 57.9 55.7 47.8 42.2 49.8 79.6
Source: Central Bank of Nigeria
Notes: 1Other Loans consists of donations/grants/subventions
2
Loans to Deposit ratio= (Loans and advances+Bills discounted)*100/(deposits+money at call Takings +balances held for banks)
3
Liquidity 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
4
Revised
5
Provisional
Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)

ITEM 2000 2001 2002


ASSETS :
Cash in hand 1,862.5 770.2 2,411.7
Balance with other banks 2,606.0 1,077.7 3,374.6
Money at call 254.2 105.1 329.2
Bills Discounted 166.3 68.8 215.4
Loans & Advances: 3,666.6 1,314.0 4,310.9
(a) Agriculture & forestry 1,248.4 447.4 1,467.7
(b) Mining & Quarrying 33.5 12.0 39.3
(c) Manufacturing & Food Processing 363.8 130.4 427.7
(d) Real Estate & Construction 89.1 31.9 104.8
(e) Transport/Commerce 1,794.4 643.1 2,109.8
(f) Others 137.5 49.3 161.6
Short Term Investments (TBs) - - -
Long Term Investments 450.2 304.3 925.5
Equipment on Lease 107.1 44.3 138.7
Fixed Assets 1,449.1 599.3 1,876.5
Other Assets 1,452.7 600.7 1,881.1
TOTAL ASSETS 12,014.7 4,884.4 15,463.5
- - -
LIABILITIES: - - -
Deposits 7,689.4 3,294.0 9,699.2
(a) Demand 2,160.7 926.3 2,725.5
(b) Savings 4,482.9 1,919.4 5,654.6
(c) Time 1,045.8 448.3 1,319.1
Money at Call Takings - - -
Balances held for Banks - - -
Matching Loans 33.4 12.0 41.7
Other Loans1 - - -
Shareholders Funds 2,773.6 1,034.8 3,825.6
(a) Paidup Capital 205.2 76.6 269.3
(b) Reserve 2,568.4 958.2 3,556.3
Other Liabilities 1,518.3 543.6 1,897.0
TOTAL LIABILITIES 12,014.7 4,884.4 15,463.5

Number of Reporting Banks 881 747 769


Loans to Deposit Ratio2 49.8 42.0 46.7
Liquidity Ratio3 61.4 59.3 63.1
Source: Central Bank of Nigeria
Notes: 1Other Loans consists of donations/grants/subventions
2
Loans to Deposit ratio= (Loans and advances+Bills discounted)*100/(deposits+money at call Takings +balances held for banks)
3
Liquidity 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
4
Revised
5
Provisional
Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)

ITEM 2003 2004 2005 2006 2007 2008


ASSETS :
Cash in hand 3,884.7 4,762.5 11,972.0 1,029.3 1,410.1 2,292.6
Balance with other banks 5,435.6 6,663.9 16,751.6 8,614.1 11,801.3 43,705.7
Money at call 530.2 650.0 1,634.1 16,381.5 21,381.5 -
Bills Discounted 346.9 425.3 1,069.1 - - -
Loans & Advances: 9,954.8 11,353.8 28,504.8 16,450.2 22,850.2 42,753.1
(a) Agriculture & forestry 3,389.3 3,865.6 9,704.9 505.2 701.8 3,354.3
(b) Mining & Quarrying 90.9 103.6 260.2 449.3 624.1 412.4
(c) Manufacturing & Food Processing 987.6 1,126.4 2,828.0 492.0 683.4 2,006.3
(d) Real Estate & Construction 241.9 275.9 692.8 2,554.4 3,548.2 2,139.2
(e) Transport/Commerce 4,871.9 5,556.6 13,950.3 5,078.3 7,054.1 23,962.5
(f) Others 373.2 425.6 1,068.6 7,370.9 10,238.6 10,878.4
Short Term Investments (TBs) - - - - - -
Long Term Investments 2,261.0 2,612.7 3,594.1 2,712.2 3,715.7 7,295.3
Equipment on Lease 223.4 273.9 688.5 - - -
Fixed Assets 3,022.5 3,705.5 9,314.9 6,316.7 6,249.1 12,237.3
Other Assets 3,030.0 3,714.7 9,338.0 3,641.9 8,141.9 14,469.8
TOTAL ASSETS 28,689.2 34,162.3 82,866.9 55,145.8 75,549.8 122,753.8
- - - - - -
LIABILITIES: - - - - - -
Deposits 18,075.0 21,407.9 47,523.7 34,017.7 41,217.7 61,568.1
(a) Demand 5,079.1 6,015.6 13,354.2 34,017.7 41,217.7 61,568.1
(b) Savings 10,537.7 12,480.8 27,706.3 - - -
(c) Time 2,458.2 2,911.5 6,463.2 - - -
Money at Call Takings - - - 280.9 290.5 -
Balances held for Banks - - - - - 2,081.7
Matching Loans 77.5 98.9 370.8 - - -
Other Loans1 - - - 384.3 497.9 3,034.0
Shareholders Funds 7,011.1 8,156.4 18,107.3 12,829.8 21,810.7 37,021.8
(a) Paidup Capital 518.8 603.6 1,340.0 8,298.6 11,203.1 28,340.3
(b) Reserve 6,492.3 7,552.8 16,767.3 4,531.2 10,607.6 8,681.5
Other Liabilities 3,525.6 4,499.1 16,865.1 7,633.1 11,733.1 19,048.2
TOTAL LIABILITIES 28,689.2 34,162.3 82,866.9 55,145.8 75,549.9 122,753.7

Number of Reporting Banks 774 753 757 750 709 733


Loans to Deposit Ratio2 57.0 55.0 62.2 48.0 55.0 67.2
Liquidity Ratio3 54.5 56.4 63.9 75.9 83.3 72.3
Source: Central Bank of Nigeria
Notes: 1Other Loans consists of donations/grants/subventions
2
Loans to Deposit ratio= (Loans and advances+Bills discounted)*100/(deposits+money at call Takings +balances held for banks)
3
Liquidity 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
4
Revised
5
Provisional
Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)

ITEM 2009 2010 2011 2012 2013 2014 4


ASSETS :
Cash in hand 2,763.5 2,594.4 1,717.1 2,854.2 3,219.6 3,158.4
Balance with other banks 48,404.9 72,315.0 36,047.5 32,925.0 53,516.5 53,826.7
Money at call - - - - -
Bills Discounted - - - - -
Loans & Advances: 58,215.7 52,867.5 50,928.3 80,127.9 94,055.6 82,421.1
(a) Agriculture & forestry 4,736.9 5,102.9 4,679.2 5,056.8 4,803.1 7,735.7
(b) Mining & Quarrying 569.7 520.4 329.4 524.0 603.3 187.1
(c) Manufacturing & Food Processing 2,275.7 2,172.9 1,728.9 2,482.6 2,937.3 3,156.5
(d) Real Estate & Construction 2,421.1 2,257.4 1,725.5 4,222.3 2,616.0 5,486.5
(e) Transport/Commerce 28,314.2 25,975.9 36,114.9 59,774.3 53,409.5 58,821.8
(f) Others 19,898.1 16,956.9 6,350.5 8,067.9 29,686.5 7,033.5
Short Term Investments (TBs) - - - 9,794.2 11,621.0 10,754.0
Long Term Investments 8,025.0 8,674.2 8,959.8 4,284.1 3,355.5 4,144.4
Equipment on Lease - - - - -
Fixed Assets 15,793.5 16,203.3 9,606.6 12,680.0 12,615.0 12,584.9
Other Assets 18,407.4 17,684.5 10,612.8 20,438.8 13,498.8 14,094.1
TOTAL ASSETS 151,610.0 170,338.9 117,872.1 189,293.4 237,837.6 221,652.3
- - - - -
LIABILITIES: - - - - -
Deposits 76,662.0 75,739.6 59,375.9 98,789.1 121,787.6 110,688.4
(a) Demand 76,662.0 75,739.6 59,375.9 98,789.1 121,787.6 110,688.4
(b) Savings - - - - -
(c) Time - - - - -
Money at Call Takings - - - - -
Balances held for Banks 2,238.6 23,969.6 4,962.0 4,680.5 4,491.2 3,295.1
Matching Loans - - - - -
Other Loans1 3,591.0 3,522.9 4,591.9 7,839.6 10,272.6 9,946.3
Shareholders Funds 45,166.0 43,997.5 29,094.8 42,829.1 64,939.0 53,039.0
(a) Paidup Capital 37,078.0 41,540.2 30,890.2 44,945.4 48,804.0 54,517.5
(b) Reserve 8,088.0 2,457.3 (1,795.4) (2,116.3) 16,135.1 (1,478.5)
Other Liabilities 23,952.4 23,109.3 19,847.5 35,155.2 36,347.2 44,683.5
TOTAL LIABILITIES 151,610.0 170,338.9 117,872.1 189,293.4 237,837.6 221,652.3

Number of Reporting Banks 828 801 821 883 825 891


Loans to Deposit Ratio2 73.8 53.0 79.2 77.4 74.5 72.3
Liquidity Ratio3 64.9 75.1 58.7 59.9 44.9 50.0
Source: Central Bank of Nigeria
Notes: 1Other Loans consists of donations/grants/subventions
2
Loans to Deposit ratio= (Loans and advances+Bills discounted)*100/(deposits+money at call Takings +balances held for banks)
3
Liquidity 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
4
Revised
5
Provisional
Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)

ITEM 2015 5
ASSETS :
Cash in hand 3,360.4
Balance with other banks 72,357.1
Money at call -
Bills Discounted
Loans & Advances: 149,325.5
(a) Agriculture & forestry 11,761.5
(b) Mining & Quarrying 390.9
(c) Manufacturing & Food Processing 3,372.8
(d) Real Estate & Construction 5,218.3
(e) Transport/Commerce 117,759.4
(f) Others 10,822.6
Short Term Investments (TBs) 12,404.3
Long Term Investments 5,333.5
Equipment on Lease
Fixed Assets 17,669.0
Other Assets 23,595.8
TOTAL ASSETS 343,883.1

LIABILITIES:
Deposits 159,453.5
(a) Demand 159,453.5
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks 5,822.0
Matching Loans
Other Loans1 29,749.3
Shareholders Funds 91,376.5
(a) Paidup Capital 79,698.7
(b) Reserve 11,677.8
Other Liabilities 57,481.8
TOTAL LIABILITIES 343,883.1

Number of Reporting Banks 948


Loans to Deposit Ratio2 90.3
Liquidity Ratio3 45.8
Source: Central Bank of Nigeria
Notes: 1Other Loans consists of donations/grants/subventions
2
Loans to Deposit ratio= (Loans and advances+Bills discounted)*100/(deposits+money at call Takings +balances held for banks)
3
Liquidity 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
4
Revised
5
Provisional
Return to Menu
Table A.3.6: Summary of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM 1992 1993 1994 1995 1996 1997 1998 1999
ASSETS
1. Liquid Assets 286.0 4,446.5 3,655.3 3,634.2 1,672.0 4,886.8 2,680.8 1,571.4
Cash in Hand 40.0 239.2 271.2 232.3 153.9 418.5 367.6 178.5
Balances with Banks 246.0 1,469.4 1,665.9 1,427.0 945.5 2,570.6 2,258.2 1,096.5
Placements with Other Finance Companies - 2,737.9 1,718.2 1,974.9 572.6 1,897.7 55.0 296.4
2. Domestic Credit 1,512.8 5,634.0 4,787.7 5,079.1 3,967.5 5,517.1 4,114.9 4,347.5
Investments 380.7 1,298.5 1,333.8 1,232.6 1,519.7 1,516.7 643.3 1,608.2
Net Loans & Advances 1,132.1 4,335.5 3,453.9 3,846.5 2,447.8 4,000.4 3,471.6 2,739.3
Equipment on Lease - - - - - - - -
3. Other Assets 403.1 1,798.1 1,636.8 1,240.0 2,271.7 1,114.1 401.5 1,134.3
4. Fixed Assets 244.0 1,507.2 1,581.1 1,312.6 1,029.1 541.6 1,016.4 1,888.5
Total Assets 2,445.9 13,385.8 11,660.9 11,265.9 8,940.3 12,059.6 8,213.6 8,941.7

LIABILITIES
1. Shareholder' Fund 576.6 2,668.2 2,111.6 1,178.8 2,137.1 2,688.5 1,951.1 1,249.5
Paid - Up Capital 554.9 2,668.2 2,111.6 1,178.8 2,137.1 2,688.5 1,951.1 1,249.5
Reserves 21.7 - - - - - - -
Published Current Year Profit/Loss - - - - - - - -
2. Taking from Other Finance Companies - 1,592.2 1,434.7 1,239.0 351.4 98.9 159.2 251.3
3. Long Term Liabilities - - - - - - - -
4. Total Borrowings 1,292.0 6,969.9 5,449.8 6,819.0 4,846.7 7,744.4 5,172.2 5,111.2
5. Other Liabilities 577.3 2,155.5 2,664.8 2,029.1 1,605.1 1,527.8 931.1 2,329.7
Total Liabilities 2,445.9 13,385.8 11,660.9 11,265.9 8,940.3 12,059.6 8,213.6 8,941.7
Source: Central Bank of Nigeria
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Table A.3.6: Summary of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM 2000 2001 2002
ASSETS
1. Liquid Assets 1,464.3 2,156.6 2,838.8
Cash in Hand 203.3 265.9 237.5
Balances with Banks 1,248.6 1,633.6 1,458.6
Placements with Other Finance Companies 12.4 257.1 1,142.7
2. Domestic Credit 5,270.9 8,608.6 6,291.4
Investments 606.5 1,693.0 2,189.9
Net Loans & Advances 4,664.4 6,915.6 4,101.5
Equipment on Lease - - -
3. Other Assets 337.9 1,548.0 1,178.2
4. Fixed Assets 798.2 590.3 1,376.5
Total Assets 7,871.3 12,903.5 11,684.9

LIABILITIES
1. Shareholder' Fund 1,830.6 2,677.2 2,388.8
Paid - Up Capital 1,830.6 2,677.2 2,391.2
Reserves - - (2.4)
Published Current Year Profit/Loss - - -
2. Taking from Other Finance Companies 130.8 51.9 69.9
3. Long Term Liabilities - - -
4. Total Borrowings 4,856.1 8,195.9 7,403.4
5. Other Liabilities 1,053.8 1,978.5 1,822.8
Total Liabilities 7,871.3 12,903.5 11,684.9
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Table A.3.6: Summary of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM 2003 2004 2005 2006 2007 2008 2009
ASSETS
1. Liquid Assets 4,627.5 7,146.9 8,576.1 13,514.1 15,279.0 27,757.3 33,012.3
Cash in Hand 373.4 656.8 160.3 590.9 98.2 94.3 109.9
Balances with Banks 2,293.6 4,034.7 984.8 3,629.8 3,721.9 5,871.0 5,254.3
Placements with Other Finance Companies 1,960.5 2,455.4 7,431.0 9,293.4 11,458.9 21,792.0 27,648.1
2. Domestic Credit 19,111.7 20,050.4 22,007.7 32,601.9 39,535.1 84,830.1 61,088.2
Investments 4,313.3 5,488.9 5,756.4 8,756.1 12,756.0 34,442.3 28,742.6
Net Loans & Advances 14,798.4 14,561.5 16,251.3 23,845.8 26,779.1 50,387.8 32,345.6
Equipment on Lease - - - - - - -
3. Other Assets 3,495.6 4,618.4 4,075.4 3,881.8 7,302.9 14,711.5 16,442.5
4. Fixed Assets 2,371.2 2,689.0 2,801.4 4,341.3 3,687.6 6,881.2 7,593.4
Total Assets 29,606.0 34,504.7 37,460.6 54,339.1 65,804.7 134,180.1 118,136.4

LIABILITIES
1. Shareholder' Fund 6,361.4 7,758.2 9,567.6 11,371.4 14,856.8 25,201.5 11,984.8
Paid - Up Capital 6,361.4 7,920.0 8,390.4 11,185.6 7,435.8 13,253.6 17,093.6
Reserves - (161.8) 1,177.2 185.8 7,132.6 11,947.9 (5,108.8)
Published Current Year Profit/Loss - - - - 288.4 - -
2. Taking from Other Finance Companies 25.2 145.1 - 127.4 - - -
3. Long Term Liabilities - - - - 156.7 7,108.9 8,197.8
4. Total Borrowings 19,616.6 21,394.2 22,797.5 34,647.1 39,948.5 83,132.9 87,698.7
5. Other Liabilities 3,602.8 5,207.2 5,095.5 8,193.2 10,842.7 18,736.8 10,255.1
Total Liabilities 29,606.0 34,504.7 37,460.6 54,339.1 65,804.7 134,180.1 118,136.4
Return to Menu
Table A.3.6: Summary of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM 2010 2011 2012 2013 2014 2015
ASSETS
1. Liquid Assets 27,865.6 25,123.2 13,631.2 14,177.5 11,200.9 8,763.5
Cash in Hand 14.0 14.1 21.1 26.3 99.4 849.5
Balances with Banks 5,807.6 12,785.0 2,648.1 2,579.3 3,089.1 2,320.1
Placements with Other Finance Companies 22,044.0 12,324.1 10,961.9 11,571.9 8,012.3 5,593.8
2. Domestic Credit 57,769.6 60,163.5 40,640.5 66,128.6 68,967.3 60,767.9
Investments 27,123.3 26,806.8 16,868.3 19,448.8 20,158.6 11,144.0
Net Loans & Advances 30,646.3 33,356.7 23,772.2 46,679.8 48,808.7 49,623.9
Equipment on Lease - - - - -
3. Other Assets 19,099.9 19,819.3 15,451.0 15,197.7 27,845.0 26,931.7
4. Fixed Assets 9,046.5 9,814.7 8,584.8 7,548.6 11,576.4 10,893.1
Total Assets 113,781.6 114,920.7 78,307.5 103,052.3 119,589.6 107,356.2

LIABILITIES
1. Shareholder' Fund 10,216.1 10,996.0 13,008.7 18,276.2 18,453.1 21,655.9
Paid - Up Capital 19,542.4 20,002.3 13,763.0 14,688.0 16,116.4 14,052.2
Reserves (9,326.3) (9,006.3) (754.4) 3,588.2 2,336.8 7,603.7
Published Current Year Profit/Loss - - - - -
2. Taking from Other Finance Companies - - - - -
3. Long Term Liabilities 8,351.3 8,330.3 574.4 742.6 3,627.7 1,553.1
4. Total Borrowings 81,232.1 78,552.1 47,578.8 59,220.8 68,420.2 62,028.9
5. Other Liabilities 13,982.1 17,042.3 17,145.6 24,812.7 29,088.6 22,118.3
Total Liabilities 113,781.6 114,920.7 78,307.5 103,052.3 119,589.6 107,356.2
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Table A.3.7: Number of Development & Specialised
Banks/Institutions
BANKS / INSTITUTIONS 1990 1991 1992 1993 1994 1995 1996 1997 1998
DEVELOPMENT BANKS 1 2 2 2 3 4 4 4 4
Educational Bank - - - - - 1 1 1 1
Urban Development Bank - - - - 1 1 1 1 1
Nigerian Export and Import Bank - 1 1 1 1 1 1 1 1
Bank of Industry - - - - - - - - -
Nigeria Agric. Credit Dev. Bank - - - - - - - - -
Federal Mortgage Bank 1 1 1 1 1 1 1 1 1
SPECIALISED BANKS: 169 287 629 1150 1245 1630 1646 1293 1293
Community Banks (Microfinance Banks) 0 66 401 879 970 1355 1368 1015 1015
Peoples Bank ( Branches ) 169 221 228 271 275 275 278 278 278
SPECIALISED FINANCIAL INSTITUTIONS: 84 127 872 674 680 657 564 478 540
Finance Houses 618 310 290 279 279 270 279
Insurance Companies (Reporting) 80 100 105 105 103 90 90 83 57
Discount Houses - - - 3 4 4 5 5 5
Primary Mortgage Institutions - 23 145 252 279 280 186 115 194
National Economic Reconstruction Fund (NERFUND) 1 1 1 1 1 1 1 1 1
National Social Insurance Trust Fund (NSITF) 1 1 1 1 1 1 1 1 1
Nigeria Deposit Insurance Company (NDIC) 1 1 1 1 1 1 1 1 1
Securities and Exchange Commission (NSE) 1 1 1 1 1 1 1 1 1
National Insurance Commission (NAICOM) 1 1
National Pension Commission (PENCOM)
Pension Fund Administrators
Pension Fund Custodians
Closed Pension Fund Administrators
Source: Central Bank of Nigeria
Note: Community Banks transformed to Microfinance Banks in December 2006
1999
4
1
1
1
-
-
1
1292
1014
278
541
280
57
5
194
1
1
1
1
1
Table A.3.7: Number of Development & Specialised
Banks/Institutions
BANKS / INSTITUTIONS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
DEVELOPMENT BANKS 4 4 4 6 6 6 6 5 5 5 5
Educational Bank 1 1 1 1 1 1 1 0 0 0 0
Urban Development Bank (The Infrastructure Bank) 1 1 1 1 1 1 1 1 1 1 1
Nigerian Export and Import Bank 1 1 1 1 1 1 1 1 1 1 1
Bank of Industry - - - 1 1 1 1 1 1 1 1
Nigeria Agric. Credit Dev. Bank (Bank of Agriculture) - - - 1 1 1 1 1 1 1 1
Federal Mortgage Bank 1 1 1 1 1 1 1 1 1 1 1
SPECIALISED BANKS: 1159 747 769 774 753 757 750 709 695 828 801
Community Banks (Microfinance Banks) 881 747 769 774 753 757 750 709 695 828 801
Peoples Bank ( Branches ) 278 0 0 0 0 0 0 0 0 0 0
SPECIALISED FINANCIAL INSTITUTIONS: 541 244 249 252 304 316 338 315 298 310 311
Finance Houses /1 280 98 102 104 107 112 112 112 114 114 114
Insurance Companies (Reporting) 57 57 57 57 103 103 103 77 54 49 49
Discount Houses 5 5 5 5 5 5 5 5 5 5 5
Primary Mortgage Banks /2 194 79 80 81 83 90 91 93 81 98 102
National Economic Reconstruction Fund (NERFUND) 1 1 1 1 1 1 1 1 1 1 1
National Social Insurance Trust Fund (NSITF) 1 1 1 1 1 1 1 1 1 1 1
Nigeria Deposit Insurance Company (NDIC) 1 1 1 1 1 1 1 1 1 1 1
Securities and Exchange Commission (NSE) 1 1 1 1 1 1 1 1 1 1 1
National Insurance Commission (NAICOM) 1 1 1 1 1 1 1 1 1 1 1
National Pension Commission (PENCOM) - - - - 1 1 1 1 1 1 1
Pension Fund Administrators - - - - - - 13 12 26 26 24
Pension Fund Custodians - - - - - - 4 4 5 5 4
Closed Pension Fund Administrators - - - - - - 4 6 7 7 7
Source: Central Bank of Nigeria
Note: Community Banks transformed to Microfinance Banks in December 2006
Nigeria Agric. Credit Dev. Bank changed to Bank of Agriculture, December 2010
Urban Development Bank changed to The Infrastructure Bank. December 2011
PENCOM was established in 2004 through Pension Reform Act, 2004
/1 Operational lisences of 49Finance Houses were revoked in Q4 2012
/2 Operational lisences of 20 Primary Mortgage Banks were revoked in Q4 2012
2011 2012 2013 2014 2015
5 5 5 5 5
0 0 0 0 0
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
821 883 825 891 948
821 883 825 891 948
0 0 0 0 0
323 249 247 239 236
114 65 67 69 66
61 60 53 48 49
5 5 2 2 1
102 82 82 82 82
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
24 20 26 21 21
4 4 4 4 4
7 7 7 7 7
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Table A.4.1: Value of Money Market Instruments Outstanding as at End-Period (N' Billion) 1
Period Treasury Treasury Development Certificates Commercial
Bills Certificates Stocks Of Deposits Papers
1981 5.8 2.3 3.4 0.2 0.1
1982 9.8 1.7 3.6 0.3 0.1
1983 13.5 4.9 3.9 0.4 0.2
1984 15.5 6.4 3.8 0.3 0.2
1985 17.0 6.7 4.3 0.2 0.1
1986 17.0 6.7 4.8 0.3 0.3
1987 25.2 6.7 4.9 1.3 0.5
1988 35.5 6.8 4.8 1.9 0.7
1989 24.1 6.9 4.6 1.2 0.6
1990 25.5 34.2 4.4 1.9 0.8
1991 56.7 34.2 4.2 1.1 0.8
1992 103.3 35.2 4.0 0.5 1.6
1993 103.3 36.6 3.7 0.1 3.4
1994 103.3 37.3 3.4 0.0 5.3
1995 103.3 23.6 3.2 0.0 10.0
1996 103.3 0.0 3.0 0.1 8.0
1997 221.8 0.0 2.8 0.0 13.4
1998 221.8 0.0 2.7 0.0 7.3
1999 361.8 0.0 2.4 0.0 20.5
2000 465.5 0.0 2.1 0.0 19.0
2001 584.5 0.0 1.8 0.0 35.3
2002 733.8 0.0 1.6 0.0 37.0
2003 825.1 0.0 1.5 0.0 47.6
2004 871.6 0.0 1.3 0.0 80.1
2005 854.8 0.0 1.0 0.0 194.6
2006 701.4 0.0 0.7 0.0 193.5
2007 574.9 0.0 0.6 2.5 363.4
2008 471.9 39.7 0.5 0.0 822.7
2009 797.5 0.0 0.5 50.5 509.1
2010 1,277.1 0.0 0.2 0.0 189.2
2011 1,727.9 0.0 0.0 0.0 203.0
2012 2,122.9 0.0 0.0 34.0 1.1
2013 2,581.6 0.0 0.0 20.5 9.3
2014 1
Q1 2,735.7 0.0 0.0 9.0 10.76
Q2 2,735.9 0.0 0.0 51.5 10.63
Q3 2,735.9 0.0 0.0 30.6 10.67
Q4 2,815.5 0.0 0.0 51.0 9.85
2015 2
Q1 2,865.5 0.0 0.0 27.9 9.11
Q2 2,825.0 0.0 0.0 38.7 6.68
Q3 2,772.9 0.0 0.0 63.7 4.86
Q4 2,772.9 0.0 0.0 75.7 6.29
Source: Central Bank of Nigeria
Note: 1Revised
2
Provisional
End-Period (N' Billion) 1
Bankers FGN Bonds Total
Acceptances
0.0 0.0 11.7
0.0 0.0 15.5
0.0 0.0 22.8
0.0 0.0 26.1
0.0 0.0 28.3
0.0 0.0 29.0
0.0 0.0 38.6
0.1 0.0 49.7
0.1 0.0 37.7
0.1 0.0 66.9
0.2 0.0 97.3
0.1 0.0 144.8
1.9 0.0 149.0
4.7 0.0 153.9
8.1 0.0 148.3
12.2 0.0 126.6
11.7 0.0 249.7
17.5 0.0 249.2
12.0 0.0 396.6
31.8 0.0 518.4
30.8 0.0 652.5
32.2 0.0 804.6
33.9 72.6 980.6
24.0 72.6 1,049.5
41.1 250.8 1,342.4
45.7 643.9 1,585.3
81.8 1,186.2 2,209.4
66.4 1,445.6 2,846.9
62.2 1,974.9 3,394.8
79.2 2,901.6 4,447.3
73.4 3,541.2 5,545.5
9.9 4,080.0 6,247.9
20.5 4,222.0 6,853.9

30.66 4,132.0 6,890.3


28.15 4,369.8 7,174.6
29.38 4,599.8 7,382.9
36.64 4,792.3 7,677.3

20.79 5,370.8 8,294.1


8.60 5,300.4 8,179.3
6.75 5,568.1 8,416.3
28.42 5,808.1 8,691.4
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Table A.4.2: Treasury Bills Issues and Subscriptions (N' Billion)
S u b s c r i p t i o n s
Period Issues Central Commercial Merchant Savings Type Statutory Board/ Individuals/ Others2 Development Total
Bank Banks Banks Institutions1 Corporations Brokers/MMD Banks/ DHs Subscriptions
1981 12.0 5.9 5.4 0.0 0.1 0.1 0.2 0.2 0.0 12.0
1982 26.5 18.3 7.5 0.0 0.1 0.0 0.5 0.1 - 26.5
1983 45.8 28.4 15.8 0.0 0.1 0.0 1.3 0.1 - 45.8
1984 55.9 28.1 24.8 0.0 0.1 0.0 2.6 0.2 - 55.9
1985 6.9 4.4 2.1 0.0 0.0 0.0 0.3 0.1 - 6.9
1986 65.9 40.6 22.4 0.1 0.2 0.0 2.2 0.4 - 65.9
1987 88.7 70.8 16.6 0.0 0.2 0.0 0.8 0.2 - 88.7
1988 111.2 89.0 20.9 0.0 0.4 0.2 0.5 0.1 - 111.2
1989 130.6 106.6 13.9 0.0 4.0 4.1 0.5 1.5 - 130.6
1990 91.9 33.0 17.1 0.0 3.9 16.1 1.0 20.8 - 91.9
1991 133.2 77.7 25.6 2.5 1.2 7.6 0.0 18.5 - 133.2
1992 136.0 123.2 4.5 0.4 0.8 1.9 - 5.2 - 136.0
1993 112.3 98.0 7.5 0.4 0.8 2.7 - 2.9 - 112.3
1994 103.3 92.3 5.3 0.8 0.0 0.1 - 4.8 - 103.3
1995 103.3 86.9 9.1 0.2 0.6 2.5 - 4.0 - 103.3
1996 103.3 33.9 32.0 0.7 - - - 36.7 - 103.3
1997 72.9 54.3 11.1 0.5 - - - 7.0 - 72.9
1998 88.9 61.8 12.9 0.2 - - - 14.1 - 88.9
1999 80.9 17.4 38.6 2.0 - - - 31.0 - 88.9
2000 86.9 0.0 58.3 0.4 - - - 25.0 - 83.7
2001 1,985.5 1,065.7 686.2 - - - - 233.6 - 1,985.5
2002 2,421.1 929.1 998.9 - - - - 493.1 - 2,421.1
2003 3,026.3 789.2 1.4 - - - - 842.3 - 1,632.9
2004 3,467.7 811.9 1,403.1 - - - - 1,252.7 - 3,467.7
2005 2,521.7 996.1 1,257.2 - - - 56.2 124.5 - 2,434.0
2006 1,509.1 643.2 771.6 - - - 6.0 24.5 - 1,445.3
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.
2
Others include Federal, State and Local governments, Discount Houses and other companies
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Table A.4.2.1: Treasury Bills Issues, Subscriptions and Allotments 1 (N' Billion)
Allotments
Period Issues Total Central Commercial Discount Non-Bank Total
Subscriptions Bank Banks Houses Public 2 Allotments
2007 1,304.2 3,141.2 25.1 587.3 133.8 558.0 1,304.2
Q1 343.1 850.5 0.0 170.5 40.3 132.3 343.1
Q2 360.9 923.3 0.0 151.7 46.1 163.2 360.9
Q3 328.2 502.5 19.6 144.2 23.3 141.1 328.2
Q4 271.9 864.9 5.5 120.9 24.1 121.4 271.9
2008 916.3 2,787.8 7.6 383.7 69.1 455.9 916.3
Q1 253.2 594.5 6.4 112.1 16.1 118.7 253.2
Q2 241.3 977.6 1.2 68.2 19.1 152.7 241.3
Q3 165.2 432.6 0.0 61.3 11.7 92.3 165.2
Q4 256.6 783.1 0.0 142.1 22.2 92.3 256.6
2009 1,392.4 2,541.1 0.0 876.4 161.6 354.4 1,392.4
Q1 275.6 679.0 0.0 175.6 13.1 86.9 275.6
Q2 341.6 560.0 0.0 177.9 44.4 119.3 341.6
Q3 322.2 493.7 0.0 216.3 35.6 70.3 322.2
Q4 453.0 808.4 0.0 306.7 68.5 77.9 453.0
2010 2,004.0 4,324.9 0.0 1,478.7 201.2 324.1 2,004.0
Q1 315.1 981.9 0.0 274.4 19.1 21.6 315.1
Q2 419.4 857.2 0.0 320.5 16.6 82.3 419.4
Q3 598.6 1,310.6 0.0 391.9 89.8 117.0 598.6
Q4 670.9 1,175.2 0.0 492.0 75.7 103.2 670.9
2011 3,048.5 6,512.7 0.0 2,001.3 344.7 702.6 3,048.5
Q1 706.6 1,724.2 0.0 541.8 76.2 88.6 706.6
Q2 759.9 1,938.9 0.0 483.9 121.6 154.4 759.9
Q3 709.2 1,373.6 0.0 497.0 46.6 165.6 709.2
Q4 872.8 1,476.0 0.0 478.5 100.3 293.9 872.8
2012 3,609.7 8,750.5 163.9 2,142.0 231.3 1,072.5 3,609.7
Q1 947.5 1,948.0 163.9 485.5 104.1 194.0 947.5
Q2 970.8 2,518.6 0.0 653.6 94.2 223.1 970.8
Q3 822.1 2,215.2 0.0 546.1 22.7 253.3 822.1
Q4 869.3 2,068.7 0.0 456.8 10.3 402.2 869.3
2013 3,650.9 7,573.4 33.5 1,836.8 69.2 1,711.4 3,650.9
Q1 1,084.5 2,515.7 8.2 638.5 39.9 398.0 1,084.5
Q2 1,000.5 1,753.0 7.5 532.4 12.9 447.6 1,000.5
Q3 739.4 1,867.0 8.9 301.9 8.0 420.5 739.4
Q4 826.5 1,437.7 8.8 363.9 8.4 445.3 826.5
2014 3,879.5 8,043.6 93.3 1,985.0 228.9 1,483.9 3,879.5
Q1 1,176.2 2,037.5 11.2 889.3 40.6 235.2 1,176.2
Q2 1,053.5 3,571.9 10.4 588.8 35.0 419.4 1,053.5
Q3 725.6 1,375.5 62.8 288.8 30.3 343.7 725.6
Q4 924.1 1,058.7 9.0 218.2 123.0 573.9 924.1
2015 3,845.3 9,302.3 0.0 2686.5 0.0 1,158.9 3,845.3
Q1 1,239.1 2,852.2 0.0 909.0 0.0 330.2 1,239.1
Q2 994.7 2,361.0 0.0 637.0 0.0 357.7 994.7
Q3 751.3 1,293.9 0.0 408.4 0.0 343.0 751.3
Q4 860.2 2,795.3 0.0 732.1 0.0 128.1 860.2
Source: Central Bank of Nigeria
Notes: 1 Table presents revised template and data.
2
Comprises allotments to Money Market Dealers (MMDs), Mandate/ Internal Accounts and Brokers.
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Table A.4.3: Holdings of Treasury Bills Outstanding (N' Billion)
Holders
Total
Period Outstanding1 Central Bank Merchant Commercial
including Rediscounts Banks4 Banks2
1981 5.8 3.4 0.1 0.9
1982 9.8 5.5 0.2 2.2
1983 13.5 6.0 0.4 4.4
1984 15.5 4.9 0.9 7.3
1985 17.0 6.2 1.0 8.0
1986 17.0 11.6 0.1 3.1
1987 25.2 14.2 0.3 5.3
1988 35.5 22.6 0.2 5.3
1989 24.1 11.2 0.1 2.5
1990 25.5 3.4 0.3 7.7
1991 56.7 34.8 0.7 6.3
1992 103.3 81.1 1.0 5.2
1993 103.3 47.4 9.4 28.9
1994 103.3 30.2 28.3 8.6
1995 103.3 42.0 2.1 17.7
1996 103.3 9.5 8.9 46.8
1997 221.8 141.7 6.4 38.1
1998 221.8 132.5 8.2 40.8
1999 361.8 79.9 12.7 186.1
2000 465.5 87.4 12.4 275.8
2001 584.5 325.3 - 199.3
2002 733.8 147.8 - 460.2
2003 825.1 255.7 - 430.8
2004 871.6 60.8 - 595.8
2005 854.8 82.7 - 585.0
2006 701.4 24.5 21.6 499.0
2007 574.9 5.9 25.7 525.8
2008 471.9 0.4 26.5 325.9
2009 797.5 1.9 59.3 585.4
2010 1,277.1 24.5 327.3 925.3
2011 1,727.9 69.3 200.4 1,458.3
2012 2,122.9 62.3 31.7 1,419.6
2013 2,581.6 59.0 20.4 1,317.9
2014 2,815.5 1.8 41.4 1,927.7
Q1 2,735.7 3.4 54.2 1,937.9
Q2 2,735.9 1.6 31.0 1,495.3
Q3 2,735.9 1.6 38.4 1,928.3
Q4 2,815.5 1.8 41.4 1,927.7
2015 2,772.9 232.8 19.5 1,027.4
Q1 2,865.5 242.8 22.5 1,038.4
Q2 2,825.0 242.8 24.2 1,020.1
Q3 2,772.9 759.6 11.1 1,095.5
Q4 2,772.9 232.8 19.5 1,027.4
Source: Central Bank of Nigeria
Notes: 1Nominal value
2
Since the Adoption of Universal Banking Practice in 2001, Merchant Banks and Commercial Banks figures are aggregated
3
Includes statutory boards, corporations, savings-type institutions, local governments, companies,individuals and public a
4
The figures from 2007 are that of Discount Houses
ers
Parastatals & State
Governments Others3
0.0 1.4
0.0 2.0
0.0 2.7
0.0 2.4
0.0 1.8
0.0 2.2
0.0 5.5
0.0 7.5
0.0 10.3
0.0 14.0
0.1 14.9
0.1 15.9
0.0 17.7
0.0 36.2
0.0 41.5
0.0 38.1
0.0 35.7
- 40.3
- 83.0
- 90.0
- 59.9
- 125.7
- 138.6
- 215.0
- 187.1
155.5 0.8
17.6 0.0
119.1 0.0
150.8 0.0
0.0 0.0
0.0 0.0
609.3 0.0
1,184.2 0.0
844.6 0.0
740.3 0.0
1,208.0 0.0
767.6 0.0
844.6 0.0
1,493.2 0.0
1,561.8 0.0
1,537.8 0.0
906.7 0.0
1,493.2 0.0

nks figures are aggregated under Commercial Banks


s,individuals and public accounts with CBN from 1989
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Table A.4.4: Holdings of Treasury Certificates Outstanding (N' Million)
Holders
Total
Period Outstanding1 Central Commercial Merchant Federal and Others2
Bank Banks Banks State Govts
1981 2,301.6 1,112.6 850.4 18.3 - 320.3
1982 1,665.6 900.3 625.8 2.9 - 136.6
1983 4,914.4 3,560.7 798.7 11.0 - 544.0
1984 6,413.1 4,304.2 1,429.5 17.5 - 661.9
1985 8,354.1 3,724.4 2,264.0 105.0 - 2,260.7
1986 6,654.7 4,518.3 1,360.8 50.2 - 725.4
1987 6,654.1 3,431.6 2,322.2 24.8 - 875.5
1988 6,794.6 3,670.4 2,035.7 8.8 - 1,079.7
1989 6,944.6 4,483.5 1,095.9 - - 1,365.2
1990 3 34,214.6 31,847.1 1,036.5 5.0 - 1,326.0
1991 34,214.6 32,813.3 559.3 - - 842.0
1992 34,214.6 22,896.6 324.6 - - 10,993.4
1993 36,584.3 35,307.7 673.7 51.3 - 551.6
1994 37,342.7 22,365.9 614.3 - - 14,362.5
1995 35,687.1 30,079.0 280.8 - - 5,327.3
1996 4 37,342.7 31,142.9 415.6 9.4 - 5,774.8
Source: Central Bank of Nigeria
Note: 1Nominal Value
2
Includes Statutory Boards/Corporations, Savings - type Institutions, Local Government, Companies and Individuals
3
Includes new issues of TC of N27.3 billion
4
Total outstanding Treasury Certificates were converted into treasury bonds with effect from 16th March, 1996
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Table.4.5: Holdings of Development Stocks (N' Million)
Period Central Commercial Merchant Insurance Savings-type State and Statutory Other Agric. Bureau Special CBN Sales
Bank1 Banks Bank2 Individuals Companies Institutions Local Boards and Corporations Credit de Federal Funds Not Yet Total
Governments Corporations & Companies Guarantee Change Government with CBN Classified
1981 1,529.1 361.9 1.5 4.8 103.0 1,108.2 3.4 8.0 28.2 23.3 - - 181.6 - 3,353.0
1982 1,658.6 328.8 1.9 3.6 99.4 1,250.3 3.1 7.8 62.9 98.9 - - 41.6 0.1 3,557.0
1983 1,768.6 301.6 3.3 5.2 104.4 1,406.3 2.6 9.4 66.4 106.7 - - 39.8 36.5 3,850.8
1984 1,536.6 272.1 1.1 5.2 100.9 1,586.2 2.6 9.4 57.6 112.0 - - 40.4 58.9 3,783.0
1985 1,613.4 395.7 33.0 8.0 152.5 1,833.2 2.2 7.0 109.5 119.7 - - 42.5 2.3 4,319.0
1986 1,618.3 545.7 11.7 10.5 190.4 2,021.9 6.2 7.4 270.9 135.5 - - 45.6 -55.10 4,809.0
1987 1,550.3 537.2 5.1 44.6 194.7 2,225.2 5.7 18.3 135.2 43.0 - - 8.6 141.1 4,909.0
1988 1,450.5 404.9 13.6 8.3 216.8 2,337.5 13.7 14.5 160.9 154.5 - - 37.4 -53.60 4,759.0
1989 1,484.9 39.5 6.1 8.0 228.1 2,390.3 8.0 38.8 192.3 167.6 - - 36.0 29.4 4,629.0
1990 1,497.8 156.8 6.7 6.9 157.6 2,342.1 33.9 22.1 145.1 48.8 - - 40.9 -82.00 4,376.7
1991 807.9 33.5 6.4 6.7 163.2 2,418.3 37.2 21.9 156.7 4.6 28.1 - 47.1 489.4 4,221.0
1992 121.6 29.5 3.6 6.1 152.8 2,323.2 37.2 21.3 130.8 4.6 34.6 - 47.7 1,048.0 3,961.0
1993 1,506.2 159.0 - 5.9 119.3 2,125.2 37.2 20.6 132.4 3.0 39.3 - 69.3 -486.60 3,730.8
1994 1,207.5 - - 5.2 110.6 1,658.2 32.1 5.8 125.8 2.6 45.4 - 118.4 38.4 3,350.0
1995 918.1 14.7 - 4.5 75.6 1,623.8 1.1 4.6 35.2 2.6 77.2 - 413.3 -0.70 3,170.0
1996 789.0 471.1 - 5.1 101.8 1,623.8 23.5 10.3 97.8 2.7 54.0 - 200.3 - 3,379.4
1997 1,193.3 14.0 - 4.2 75.0 214.7 - 70.5 10.0 - - - 1,258.3 - 2,840.0
1998 494.4 13.0 157.8 4.4 74.2 1,479.7 - 51.8 42.5 - - 428.9 107.4 - 2,854.1
1999 671.6 4.0 - 3.8 109.6 132.2 - 51.8 50.8 - - 1,446.6 0.0 - 2,470.4
2000 251.3 - - 58.0 1,460.0 250.8 - 2.0 13.0 - - 115.7 167.5 - 2,318.3
2001 251.3 - - 58.0 1,460.0 164.0 - 2.0 13.0 - - 115.7 167.5 - 2,231.5
2002 6,903.4 2,692.7 - 63.0 1,473.0 276.4 - 2.0 13.0 - - 115.7 167.5 - 11,706.7
2003 415.0 32,504.9 - - - - - - - 1,470.0 - - - - 34,389.9
2004 230.0 32,758.7 - - - - - - - - - - - - 32,988.7
2005 158.6 - - 1.9 20.7 58.9 - 80.7 31.3 - - 5.6 622.4 - 980.0
2006 102.5 - - 1.8 16.8 37.3 - 50.8 43.1 - - 3.9 463.8 - 720.0
2007 143.9 - - 1.6 16.2 35.9 - 39.8 1.8 - - 3.9 376.8 - 620.0
2008 129.2 - - 1.6 16.0 35.4 - 39.6 1.8 - - 3.8 292.6 - 520.0
2009 24.6 - - 1.6 16.0 35.4 - 39.6 1.8 - - 3.8 397.2 - 520.0
2010 - - - 1.4 2.8 12.2 - 18.7 0.6 - - 3.2 181.1 - 220.0
2011 3 - - - - - - - - - - - - - - -
Source: Central Bank of Nigeria
Notes: 1Exclude 20 billion naira Treasury Bonds issued in March, 1990
2
Merchant Banks ceased after the adoption of universal banking practice in 2001.
3
The development stocks outstanding as at end-2010 were fully redeemed at end-March 2011.
Foreign holdings of Development Stocks are negligible
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Table A.4.6: Transactions at the Nigerian Stock Exchange
Number of Deals Value (N' Million)
Year
Second Second Tier
Tier Bond Equities Total Securities Bond Equities Total
Industrial Securities Industrial
Govt. Loan Govt. Loan
1981 118 10,081 - 10,199 298.7 6.1 - 304.8
1982 184 9,830 - 10,014 207.0 8.0 - 215.0
1983 292 11,633 - 11,925 384.8 13.1 - 397.9
1984 194 17,250 - 17,444 240.9 15.6 - 256.5
1985 340 23,231 - 23,571 295.3 21.3 - 316.6
1986 270 27,448 - 27,718 477.6 20.3 - 497.9
1987 294 42 20,189 20,525 340.0 42.4 - 382.4
1988 100 - 21,460 21,560 215.8 9.7 624.8 850.3
1989 171 - 33,273 33,444 582.4 0.0 27.9 610.3
1990 118 49 39,103 39,270 124.3 34.2 66.9 225.4
1991 45 9 41,716 41,770 92.7 6.0 143.4 242.1
1992 71 14 48,944 49,029 85.0 6.7 400.0 491.7
1993 39 28 40,331 40,398 84.7 263.5 456.2 804.4
1994 16 48 42,010 42,074 15.2 177.1 793.6 985.9
1995 - 15 49,549 49,564 - 50.8 1,788.0 1,838.8
1996 11 15 49,489 49,515 12.0 50.8 6,916.8 6,979.6
1997 6 5 78,078 78,089 72.6 35.3 10,222.6 10,330.5
1998 1 3 84,931 84,935 15.6 0.2 13,555.3 13,571.1
1999 4 - 123,505 123,509 0.8 - 14,071.2 14,072.0
2000 8 - 256,515 256,523 8.1 - 28,145.0 28,153.1
2001 14 - 426,149 426,163 35.6 - 57,648.2 57,683.8
2002 3 - 451,847 451,850 2.3 0.3 59,404.1 59,406.7
2003 1 19 621,697 621,717 3.0 6,517.1 113,882.5 120,402.6
2004 3 13 973,510 973,526 317.5 1,730.0 223,772.5 225,820.0
2005 4 19 1,021,943 1,021,967 7,319.9 932.8 254,683.1 262,935.8
2006 5 1 1,367,948 1,367,954 1,593.0 72.0 468,588.4 470,253.4
2007 - 37 2,614,983 2,615,020 - 1,136.5 1,074,883.9 1,076,020.4
2008 - 138 3,535,493 3,535,631 1.0 3,528.9 1,675,613.8 1,679,143.7
2009 - 15 1,043 1 1,738,306 1,739,365 - 412.8 1,372.3 0.1 683,932.1 685,717.3
2010 5 - 1,182 2 1,924,125 1,925,314 14.1 - 702.5 - 799,194.3 799,911.0
2011 - 33 253 - 1,235,181 1,235,467 - 17.1 154.7 - 638,753.9 638,925.7
2012 44 - 196 2 1,146,932 1,147,174 7.2 - 4.6 1.0 808,420.6 808,991.4
2013 1,155 - 924 82 3,222,478 3,224,639 292.3 - 61.1 23.1 2,350,499.2 2,350,875.7
2014 200 - 0 0 1,211,069 1,211,269 307.0 - - - 1,334,476.1 1,334,783.1
2015 1 127 - 0 6 955,517 955,650 382.6 - - 58.5 960,780.4 961,221.5
Source: Nigerian Stock Exchange
Notes: Industrial loans figure for 1961-1986 includes equities
1
Provisional
Active Trading Started in June 1961
Exchange Trust Fund (ETF) is an investment instrument introduced in 2011
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Table A.4.7.1: All Share Index on the Nigerian Stock Exchange
Year January February March April May June July August September October November December
1985 111.3 112.2 113.4 115.6 116.5 116.3 117.2 117.0 116.9 119.1 124.6 127.3
1986 134.6 139.7 140.8 146.2 144.2 147.4 150.9 151.0 155.0 160.9 163.3 163.8
1987 166.9 166.2 161.7 157.5 154.2 196.1 193.4 193.0 194.9 154.8 193.4 190.9
1988 190.8 191.4 195.5 200.1 199.2 206.0 211.5 217.6 224.1 228.5 231.4 233.6
1989 239.7 251.0 256.9 257.5 257.1 259.2 269.2 281.0 279.9 298.4 311.2 325.3
1990 343.0 349.3 356.0 362.0 382.3 417.4 445.4 463.6 468.2 480.3 502.6 513.8
1991 528.7 557.0 601.0 625.0 649.0 651.8 688.0 712.1 737.3 757.5 769.0 783.0
1992 794.0 810.7 839.1 844.0 860.5 870.8 879.7 969.3 1,022.0 1,076.5 1,098.0 1,107.6
1993 1,113.4 1,119.9 1,130.5 1,147.3 1,186.9 1,187.5 1,180.8 1,195.5 1,217.3 1,310.9 1,414.5 1,543.8
1994 1,666.3 1,715.3 1,792.8 1,845.6 1,875.5 1,919.1 1,926.3 1,914.1 1,956.0 2,023.4 2,119.3 2,205.0
1995 2,285.3 2,379.8 2,551.1 2,785.5 3,100.8 3,586.5 4,314.3 4,664.6 4,858.1 5,068.0 5,095.2 5,092.2
1996 5,135.1 5,180.4 5,266.2 5,412.4 5,704.1 5,798.7 5,919.4 6,141.0 6,501.9 6,634.8 6,775.6 6,992.1
1997 7,268.3 7,699.3 8,561.4 8,729.8 8,592.3 8,459.3 8,148.8 7,682.0 7,130.8 6,554.8 6,395.8 6,440.5
1998 6,435.6 6,426.2 6,298.5 6,113.9 6,033.9 5,892.1 5,817.0 5,795.7 5,697.7 5,671.0 5,688.2 5,672.7
1999 5,494.8 5,376.5 5,456.2 5,315.7 5,315.7 5,977.9 4,964.4 4,946.2 4,890.8 5,032.5 5,133.2 5,266.4
2000 5,752.9 5,955.7 5,966.2 5,892.8 6,095.4 6,466.7 6,900.7 7,394.1 7,298.9 7,415.3 7,164.4 8,111.0
2001 8,794.2 9,180.5 9,159.8 9,591.6 10,153.8 10,937.3 10,576.4 10,329.0 10,274.2 11,091.4 11,169.6 10,963.1
2002 10,650.0 10,581.9 11,214.4 11,399.1 11,486.7 12,440.7 12,458.2 12,327.9 11,811.6 11,451.5 11,622.7 12,137.7
2003 13,298.8 13,668.8 13,531.1 13,488.0 14,086.3 14,565.5 13,962.0 15,426.0 16,500.5 18,743.5 19,319.3 20,128.9
2004 22,712.9 24,797.4 22,896.4 25,793.0 27,730.8 28,887.4 27,062.1 23,774.3 22,739.7 23,354.8 23,270.5 23,844.5
2005 23,078.3 21,953.5 20,682.4 21,961.7 21,482.1 21,564.8 21,911.0 22,935.4 24,635.9 25,873.8 24,355.9 24,085.8
2006 23,679.4 23,843.0 23,336.6 23,301.2 24,745.7 26,316.1 27,880.5 33,096.4 32,554.6 32,643.7 32,632.5 33,189.3
2007 36,784.5 40,730.7 43,456.1 47,124.0 49,930.2 51,330.5 53,021.7 50,291.1 50,229.0 50,201.8 54,189.9 57,990.2
2008 54,189.9 65,652.4 63,016.6 59,440.9 58,929.0 55,949.0 53,110.9 47,789.2 46,216.1 36,325.9 33,025.8 31,450.8
2009 21,813.8 23,377.1 19,851.9 21,491.1 29,700.2 26,861.6 25,286.6 23,009.1 22,065.0 21,804.7 21,010.3 20,827.2
2010 22,594.0 22,985.0 25,966.3 26,453.2 26,183.2 25,384.1 25,844.2 24,268.2 23,050.6 25,042.2 24,764.7 24,770.5
2011 26,830.7 26,016.8 24,621.2 25,041.7 25,866.6 24,980.2 23,827.0 21,497.6 20,373.0 20,935.0 20,003.4 20,730.6
2012 20,875.8 20,123.5 20,652.5 22,045.7 22,066.4 21,599.6 23,061.4 23,750.8 26,011.6 26,430.9 26,494.4 28,078.8
2013 31,853.2 33,075.1 33,536.3 33,440.6 37,794.8 36,164.3 37,914.3 36,248.5 36,585.1 37,622.7 38,920.9 41,329.2
2014 40,571.6 39,558.9 38,748.0 38,492.1 41,474.4 42,482.5 42,097.5 41,532.3 41,210.1 37,550.2 34,543.1 34,657.2
2015 29,562.1 30,103.8 31,744.8 34,708.1 34,310.4 33,456.8 30,180.3 29,684.8 31,217.8 29,177.7 27,617.5 28,642.3
Source: Nigerian Stock Exchange
Note: 1All Share Index started in January, 1985
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Table A.4.7.2: Total Annual Market Capitalization on The Nigerian Stock Exchange (N' Billion)
Government
Year Stocks/Securities Debt/Bonds ETF Equities Total
1981 3.1 - 1.9 5.0
1982 3.0 1.0 1.0 5.0
1983 3.5 - 2.2 5.7
1984 2.9 0.2 2.4 5.5
1985 3.5 0.4 2.7 6.6
1986 2.7 0.4 3.7 6.8
1987 4.2 - 4.0 8.2
1988 4.5 0.4 5.1 10.0
1989 4.2 0.6 8.0 12.8
1990 3.4 0.8 12.1 16.3
1991 3.3 1.4 18.4 23.1
1992 3.2 1.8 26.2 31.2
1993 3.6 2.1 41.8 47.5
1994 3.2 2.1 61.0 66.3
1995 3.2 2.1 175.1 180.4
1996 3.0 3.0 279.8 285.8
1997 2.8 2.8 276.3 281.9
1998 2.7 3.1 256.8 262.6
1999 2.4 3.1 294.5 300.0
2000 2.1 4.1 466.1 472.3
2001 8.3 5.8 648.4 662.5
2002 12.7 3.5 748.7 764.9
2003 25.2 8.4 1,325.7 1,359.3
2004 178.1 7.9 1,926.5 2,112.5
2005 365.5 9.8 2,523.5 2,900.1
2006 903.0 3.5 4,227.1 5,120.9
2007 2,976.6 17.0 10,180.3 13,181.7
2008 2,559.0 16.4 6,957.5 9,563.0
2009 2,030.8 10.1 4,989.4 7,030.8
2010 1,939.3 56.4 7,913.8 9,918.2
2011 2,400.5 1,341.3 1.0 6,532.6 10,275.3
2012 4,425.0 1,400.4 1.0 8,974.4 14,800.9
2013 4,456.9 1,394.0 0.3 13,226.0 19,077.4
2014 5,248.0 145.0 4.5 11,477.7 16,875.1
2015 6,942.9 205.9 4.0 9,850.6 17,003.4
Note: Exchange Trust Fund (ETF) is an investment instrument introduced in 2011
Source: Nigerian Stock Exchange
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Table A.4.7.3: Nigerian Stock Exchange Market Capitalization - Equities Only (N' Billion)
Year January February March April May June July August September October November December
1985 4.8 4.9 4.9 5.0 5.0 5.0 5.1 5.1 5.1 5.2 5.4 5.5
1986 5.8 6.0 6.1 6.3 6.2 6.4 6.5 6.5 6.7 7.0 7.1 7.1
1987 7.2 7.2 7.0 6.8 6.7 8.5 8.4 8.4 8.4 6.7 8.4 8.3
1988 8.3 8.3 8.5 8.7 8.6 8.9 9.2 9.4 9.7 9.9 10.0 10.1
1989 10.4 10.9 11.1 11.1 11.1 11.2 11.6 12.2 12.1 12.9 13.5 14.1
1990 14.8 15.1 15.4 15.7 16.5 18.1 19.3 20.1 20.3 20.8 21.7 22.2
1991 22.9 24.1 26.0 27.0 28.1 28.2 29.8 30.8 31.9 32.8 33.3 33.9
1992 34.4 35.1 36.3 36.5 37.2 37.7 38.1 41.9 44.2 46.6 47.5 47.9
1993 48.2 48.5 48.9 49.6 51.4 51.4 51.1 51.7 52.7 56.7 61.2 66.8
1994 72.1 74.2 77.6 79.9 81.2 83.0 83.4 82.8 84.6 87.6 91.7 95.4
1995 98.9 103.0 110.4 120.5 134.2 155.2 186.7 201.9 210.2 219.3 220.5 220.4
1996 222.2 224.2 227.9 234.2 246.8 250.9 256.2 265.8 281.4 287.1 293.2 302.6
1997 314.5 333.2 370.5 377.8 371.8 366.1 352.6 332.4 308.6 283.7 276.8 278.7
1998 278.5 278.2 272.6 264.6 261.2 255.3 252.2 255.1 251.9 251.7 256.4 256.9
1999 247.6 242.7 246.3 240.1 222.1 280.9 236.7 236.1 233.4 243.7 280.2 294.1
2000 321.3 332.6 333.2 329.1 340.4 361.1 394.9 423.1 417.6 425.8 411.4 466.1
2001 506.1 542.8 541.5 567.1 600.3 646.6 625.3 610.7 607.4 655.7 660.7 648.4
2002 629.9 625.9 663.3 680.9 679.4 742.0 751.9 754.8 723.2 706.4 716.9 748.7
2003 841.2 864.6 846.9 840.1 877.3 896.9 859.7 949.9 1,028.5 1,168.3 1,250.3 1,324.9
2004 1,534.9 1,740.2 1,635.0 1,833.0 1,977.4 2,066.0 1,919.3 1,686.1 1,688.0 1,824.0 1,872.0 1,925.9
2005 1,863.7 1,783.2 1,680.0 1,798.7 1,844.6 1,886.2 1,951.3 2,076.6 2,362.9 2,578.5 2,452.4 2,523.5
2006 2,566.4 2,574.1 2,510.8 2,611.4 2,803.6 2,958.6 3,170.7 3,829.2 4,083.7 4,027.0 3,937.8 4,227.1
2007 4,976.3 5,510.2 6,150.0 6,745.5 7,383.1 7,817.9 8,262.8 7,819.7 8,020.6 8,047.4 8,990.8 10,180.3
2008 10,692.7 12,503.2 12,125.9 11,491.3 11,614.5 10,920.3 10,640.6 9,744.5 9,836.9 7,969.1 7,305.9 6,957.5
2009 4,879.1 5,231.9 4,483.5 4,883.3 6,759.6 5,986.3 5,796.5 5,274.4 5,130.3 5,144.0 4,998.1 4,989.4
2010 5,441.6 5,535.7 6,280.6 6,398.4 6,368.8 6,174.4 6,320.6 5,946.8 5,648.3 7,982.5 7,908.3 7,913.8
2011 8,744.2 8,315.6 7,866.6 8,000.9 8,270.5 7,987.1 7,621.7 6,876.6 6,496.7 6,626.8 6,294.9 6,532.6
2012 6,579.1 6,342.0 6,549.8 7,030.6 7,042.8 6,895.3 7,340.1 7,560.1 8,282.3 8,422.7 8,465.6 8,974.4
2013 10,191.3 10,583.8 10,733.3 10,691.7 12,075.2 11,426.3 12,007.2 11,496.6 11,652.9 12,020.9 12,448.9 13,226.0
2014 13,005.5 12,706.8 12,445.7 12,671.6 13,694.7 14,027.7 13,900.5 13,713.9 13,607.4 12,437.0 11,404.3 11,477.7
2015 9,846.6 10,044.6 10,717.5 11,787.0 11,658.8 11,421.0 10,344.4 10,336.9 10,728.9 10,027.8 9,495.5 9,850.6
Source: Nigerian Stock Exchange
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Table A.5.1: Savings Statistics - Cumulative (N' Billion)
Savings and Premium Total Savings
National Federal Federal Time Deposits Life Other GDP at
Period Time Deposit Bonds, Savings Total as Ratio of GDP
with Comm. Provident Savings Mortgage with Merchant Cert. & Savings Insurance Deposit Savings Current at Current
Fund Bank Bank Banks Funds Institutions1 Basic Prices
Bank Stamps Basic Prices
1981 5.80 0.38 0.01 0.06 0.33 0.00 - - 6.56 94.33 6.96
1982 6.34 0.41 0.00 0.07 0.69 0.00 - - 7.51 101.01 7.44
1983 8.08 0.47 0.01 0.09 0.79 0.00 - - 9.44 110.06 8.58
1984 9.39 0.50 0.01 0.11 0.97 0.00 - - 10.99 116.27 9.45
1985 10.55 0.54 0.01 0.10 1.32 0.00 - - 12.52 134.59 9.30
1986 11.49 0.58 0.01 0.12 1.74 0.00 - - 13.93 134.60 10.35
1987 15.09 0.61 0.02 0.13 2.82 0.00 - - 18.68 193.13 9.67
1988 18.40 0.65 0.02 0.20 3.98 0.00 - - 23.25 263.29 8.83
1989 17.81 0.70 0.04 0.21 3.97 0.00 1.07 - 23.80 382.26 6.23
1990 23.14 0.72 - 0.30 4.35 - 1.14 - 29.65 472.65 6.27
1991 30.36 0.65 - 0.43 5.01 - 1.24 0.05 37.74 545.67 6.92
1992 43.44 0.72 - 0.73 8.34 - 1.41 0.48 55.12 875.34 6.30
1993 60.90 0.77 - 0.82 19.30 - 1.57 1.68 85.03 1,089.68 7.80
1994 76.13 0.76 - 0.82 11.32 - 19.44 2.51 110.97 1,399.70 7.93
1995 93.33 0.73 - 0.44 11.10 - 2.89 - 108.49 2,907.36 3.73
1996 115.35 - - - 15.51 - 1.95 1.70 134.50 4,032.30 3.34
1997 154.06 - - - 19.76 - 3.83 0.00 177.65 4,189.25 4.24
1998 161.93 1.37 - 0.44 30.30 - 4.62 1.41 200.07 3,989.45 5.01
1999 241.60 1.37 - - 24.71 - 4.34 5.65 277.67 4,679.21 5.93
2000 343.17 1.37 - - 26.61 - 8.37 5.66 385.19 6,713.57 5.74
2001 451.96 1.37 - 22.30 - - 8.49 3.93 488.05 6,895.20 7.08
2002 556.01 1.37 - 22.30 - - 8.49 3.93 592.09 7,795.76 7.60
2003 655.74 - - - - - - - 655.74 9,913.52 6.61
2004 797.52 - - - - - - - 797.52 11,411.07 6.99
2005 1,316.96 - - - - - - - 1,316.96 14,610.88 9.01
2006 1,739.64 - - - - - - - 1,739.64 18,564.59 9.37
2007 2,693.55 - - - - - - - 2,693.55 20,657.32 13.04
2008 4,118.17 - - - - - - - 4,118.17 24,296.33 16.95
2009 5,763.51 - - - - - - - 5,763.51 24,794.24 23.25
2010 5,954.26 - - - - - - - 5,954.26 54,612.26 10.90
2011 6,531.91 - - - - - - - 6,531.91 62,980.40 10.37
2012 8,062.10 - - - - - - 0.80 8,062.90 71,713.94 11.24
2013 8,606.61 - - - 36.05 - - 13.47 8,656.12 80,092.56 10.81
2014 11,936.90 - - - 71.31 - - - 12,008.21 89,043.62 13.49
2015 /2 11,363.49 - - - 54.91 - - - 11,418.41 94,144.96 12.13
Source: Central Bank of Nigeria
Note: 1Consists Peoples Bank, Community Banks and Non Interest Banks
/2 Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.
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Table A.6.1: Income and Expenditure of Insurance Companies in Nigeria (N' Million)
Income Expenditure
Wholly Joint Foreign1 All Wholly Joint Foreign1 All
Year Nigerian Companies Nigerian Companies
1981 151.2 89.5 0.0 240.7 105.7 69.0 0.0 174.7
1982 159.6 100.0 0.0 259.5 109.3 80.2 0.0 189.5
1983 172.0 56.7 0.0 228.6 164.3 49.1 0.0 213.3
1984 140.6 97.0 0.0 237.6 111.8 76.2 0.0 188.1
1985 118.6 86.5 0.0 205.1 123.2 73.6 0.0 196.7
1986 148.8 114.9 0.0 263.7 128.3 93.9 0.0 222.2
1987 259.7 160.3 0.0 420.0 163.8 106.9 0.0 270.7
1988 300.4 206.3 0.0 506.7 223.7 133.8 0.0 357.5
1989 507.5 194.3 0.0 701.8 420.5 156.9 0.0 577.4
1990 657.2 391.3 0.0 1,048.4 439.6 259.0 0.0 698.6
1991 842.4 491.9 0.0 1,334.2 605.6 352.1 0.0 957.8
1992 1,501.2 1,016.7 0.0 2,517.9 1,459.8 1,022.7 0.0 2,482.5
1993 5,087.3 813.9 0.0 5,901.3 5,308.9 666.9 0.0 5,975.7
1994 13,649.5 1,022.2 0.0 14,671.7 2,934.9 863.9 0.0 3,798.9
1995 13,520.9 1,066.7 0.0 14,587.6 4,306.0 1,059.1 0.0 5,365.1
1996 11,202.5 1,948.1 0.0 13,150.6 4,533.9 1,382.2 0.0 5,916.1
1997 13,405.8 3,113.2 0.0 16,519.0 4,870.7 1,628.7 0.0 6,499.4
1998 14,756.8 3,089.7 0.0 17,846.5 5,450.0 1,724.3 0.0 7,174.3
1999 2 8,996.1 1,883.5 0.0 10,879.6 4,499.6 1,423.6 0.0 5,923.2
2000 11,615.5 2,432.0 0.0 14,047.5 4,276.5 1,353.0 0.0 5,629.5
2001 15,248.1 3,192.6 0.0 18,440.7 4,641.9 1,468.6 0.0 6,110.5
2002 18,131.4 3,796.2 0.0 21,927.6 5,955.5 1,884.2 0.0 7,839.7
2003 30,435.3 6,372.3 0.0 36,807.7 7,152.3 2,262.9 0.0 9,415.2
2004 34,258.4 7,172.8 0.0 41,431.2 9,179.7 2,904.3 0.0 12,084.0
2005 41,631.7 8,716.6 0.0 50,348.3 9,421.6 2,980.8 0.0 12,402.4
2006 42,880.6 8,978.1 0.0 51,858.7 9,704.2 3,070.2 0.0 12,774.5
2007 N/A N/A N/A 105,379.3 N/A N/A N/A 25,133.2
2008 N/A N/A N/A 157,206.0 N/A N/A N/A 37,412.6
2009 N/A N/A N/A 189,960.5 N/A N/A N/A 61,969.2
2010 N/A N/A N/A 200,376.0 N/A N/A N/A 53,815.4
2011 N/A N/A N/A 233,752.9 N/A N/A N/A 60,204.8
Sources: Central Bank of Nigeria Annual Survey and National Insurance Commission (NAICOM) Annual Reports
Notes: CBN had not conducted Insurance Annual Survey since 1999
1
Wholly Foreign owned insurance companies ceased to exist in Nigeria since the promulgation of the Nigerian Enterprises Promotion Decree of 1977
2
The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.
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Table A.6.2: Sources of Income of Insurance Companies in Nigeria - All Companies 1 (N' Million)
General (Non Life) Life
Sub Total Motor Employers Other Income Interest Sub Total
Total
Premiums Fire Accident Vehicle Liabilities Marine Oil & Gas Misce- Sub Total Dividend Other Income
Year (A) llaneous (B) & Rents Receipts ( C ) (A + B + C)
1981 234.1 22.1 27.9 116.4 10.0 42.1 0.0 15.5 6.6 3.2 3.4 0.0 240.7
1982 248.8 27.5 28.4 121.4 11.0 43.2 0.0 17.2 10.7 4.0 6.8 0.0 259.5
1983 191.8 26.4 24.9 115.7 6.7 -2.9 0.0 21.0 36.8 4.1 32.8 0.0 228.6
1984 205.7 28.3 28.7 94.2 6.1 24.6 0.0 23.7 31.9 4.8 27.2 0.0 237.6
1985 195.3 35.6 29.4 99.3 6.1 12.2 0.0 12.6 9.8 4.6 5.2 0.0 205.1
1986 254.2 41.6 30.2 104.7 5.8 34.7 0.0 37.1 9.5 5.1 4.4 0.0 263.7
1987 406.5 75.1 47.8 126.8 6.6 95.1 0.0 55.1 13.5 6.9 6.5 0.0 420.0
1988 486.6 82.7 58.4 151.5 10.8 103.5 0.0 79.7 20.0 11.3 8.7 0.0 506.7
1989 673.1 154.9 111.3 161.9 13.1 149.5 0.0 82.4 28.7 15.2 13.4 0.0 701.8
1990 1,013.7 194.4 124.2 343.9 11.7 188.6 0.0 150.9 34.8 23.8 11.0 0.0 1,048.4
1991 1,296.2 233.4 176.3 501.8 38.2 213.2 0.0 133.4 38.0 20.9 17.1 0.0 1,334.2
1992 2,445.7 839.2 249.8 906.3 24.2 363.5 0.0 62.7 72.2 58.3 13.9 0.0 2,517.9
1993 4,931.9 543.5 605.5 1,908.0 95.7 566.6 0.0 1,212.7 969.3 877.3 92.0 0.0 5,901.3
1994 14,519.1 535.5 602.8 2,284.9 62.1 10,703.5 0.0 330.3 152.5 70.5 82.0 0.0 14,671.7
1995 13,525.1 782.0 763.1 2,346.8 99.5 9,083.4 0.0 450.4 1,062.5 884.8 177.8 0.0 14,587.6
1996 11,091.3 1,822.2 1,832.6 3,384.7 160.4 2,772.0 0.0 1,119.5 2,059.2 566.2 1,493.1 0.0 13,150.6
1997 10,941.6 2,068.1 1,286.3 3,771.2 565.6 1,786.4 0.0 1,463.9 5,577.4 159.6 5,417.8 0.0 16,519.0
1998 11,688.3 2,385.1 1,717.8 3,616.4 514.3 1,624.0 0.0 1,830.6 6,158.2 173.0 5,985.3 0.0 17,846.5
1999 2 14,597.3 2,920.5 2,351.9 6,293.1 244.3 2,349.7 0.0 437.8 46.6 46.6 0.0 0.0 14,643.9
2000 22,531.5 3,449.8 2,872.6 7,404.0 260.7 3,103.4 0.0 5,441.1 0.0 0.0 0.0 0.0 22,531.5
2001 28,981.3 3,807.9 3,888.0 10,101.8 384.2 3,997.1 0.0 6,802.3 0.0 0.0 0.0 0.0 28,981.3
2002 37,765.9 4,908.3 4,918.7 11,715.5 402.3 4,269.5 0.0 11,551.6 0.0 0.0 0.0 0.0 37,765.9
2003 43,441.8 5,940.7 5,812.7 12,871.6 512.6 7,219.7 0.0 11,084.6 502.9 502.9 0.0 0.0 43,944.7
2004 50,100.8 6,965.1 8,370.9 15,482.4 682.9 7,959.8 0.0 10,639.7 395.1 395.1 0.0 0.0 50,495.9
2005 67,465.6 12,252.6 11,050.1 16,322.6 758.5 10,983.4 0.0 16,098.4 280.8 280.8 0.0 0.0 67,746.3
2006 81,583.8 11,970.6 15,239.8 20,735.0 912.7 10,493.4 0.0 22,232.3 778.1 778.1 0.0 0.0 82,361.9
2007 89,104.9 11,458.4 16,566.7 25,771.4 992.3 10,757.8 0.0 23,558.2 0.0 0.0 0.0 16,274.4 105,379.3
2008 126,470.3 17,454.9 23,208.4 38,701.2 1,005.2 16,510.3 19,249.0 10,341.4 0.0 0.0 0.0 30,735.7 157,206.0
2009 153,127.1 19,535.0 25,918.9 43,784.2 895.6 17,191.1 35,064.8 10,737.6 0.0 0.0 0.0 36,833.3 189,960.5
2010 157,336.8 24,250.0 27,816.2 43,925.7 1,437.5 21,264.6 30,509.3 8,133.7 0.0 0.0 0.0 43,039.2 200,376.0
2011 175,756.8 24,990.0 30,706.7 45,421.8 1,008.9 22,558.8 37,289.4 13,781.2 0.0 0.0 0.0 57,996.1 233,752.9
Sources: Central Bank of Nigeria Annual Survey and National Insurance Commission (NAICOM) Annual Reports
Notes: CBN had not conducted Insurance Annual Survey since 1999
All Companies comprises Nigerian, Foreign and Jointly owned companies
1
Wholly Foreign owned insurance companies ceased to exist in Nigeria since the promulgation of the Nigerian Enterprises Promotion Decree of 1977
2
The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.
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Table A.6.3: Breakdown of Total Expenditure of Insurance Business - All Companies 1 (N' Million)
General (Non-Life) Life
Motor Other Total
Claims Fire Accident Employers Marine Oil and Gas Misce- Expenditure Management Net Other
Expenditure
Year (A) Vehicle Liabilities llaneous (B) Expenses Commission Expenses (C) (A+B+C)
1981 74.2 6.3 3.7 47.0 1.3 10.0 0.0 6.0 100.5 86.4 5.6 8.5 0.0 174.7
1982 79.2 6.8 5.5 44.7 1.5 10.4 0.0 10.4 110.4 99.7 10.4 0.3 0.0 189.5
1983 78.6 6.0 5.6 55.6 1.2 5.4 0.0 4.8 134.8 106.2 21.5 7.1 0.0 213.3
1984 77.7 5.3 6.3 53.7 1.2 8.0 0.0 3.2 110.3 84.5 22.7 3.2 0.0 188.1
1985 64.0 (0.0) 6.4 54.2 0.9 (0.0) 0.0 2.6 132.7 114.3 13.2 5.3 0.0 196.7
1986 86.4 6.9 5.9 54.2 0.8 11.4 0.0 7.2 135.8 127.9 3.9 4.0 0.0 222.2
1987 109.4 16.4 8.4 55.6 8.0 3.3 0.0 17.7 158.5 150.6 6.9 1.0 0.0 267.9
1988 151.1 16.5 11.2 67.8 0.8 30.2 0.0 24.6 206.4 184.2 13.0 9.2 0.0 357.5
1989 278.9 47.0 28.8 73.1 2.0 110.0 0.0 18.0 298.5 267.0 23.9 7.5 0.0 577.4
1990 306.5 61.5 30.8 114.5 2.3 37.3 0.0 60.1 388.6 336.5 49.6 2.6 0.0 695.1
1991 386.9 80.4 42.8 164.8 5.6 58.0 0.0 35.2 570.9 522.2 40.6 8.1 0.0 957.8
1992 613.9 114.8 66.8 267.4 8.3 81.2 0.0 75.4 1,157.6 863.6 267.9 26.2 0.0 1,771.5
1993 2,684.1 1,161.0 448.7 607.3 12.8 119.5 0.0 334.7 3,291.6 1,483.0 1,012.8 795.7 0.0 5,975.7
1994 1,315.3 267.4 193.8 605.2 22.0 132.4 0.0 94.5 2,483.6 1,896.2 407.2 180.2 0.0 3,798.9
1995 1,508.9 194.5 207.1 563.6 9.6 184.4 0.0 349.6 3,856.2 2,399.7 1,410.4 46.0 0.0 5,365.1
1996 1,654.1 342.7 276.9 712.3 54.5 191.8 0.0 75.8 4,262.1 3,913.3 112.1 236.7 0.0 5,916.1
1997 1,677.3 349.1 376.6 780.9 42.0 106.1 0.0 22.6 4,822.1 3,573.5 853.6 395.0 0.0 6,499.4
1998 1,956.2 388.1 396.7 832.9 39.8 129.5 0.0 169.2 5,218.1 3,820.2 969.8 428.1 0.0 7,174.3
1999 2 5,923.2 891.0 1,649.0 1,824.7 93.8 1,068.9 0.0 395.8 0.0 0.0 0.0 0.0 0.0 5,923.2
2000 5,629.5 1,107.7 806.3 1,804.2 112.4 440.8 0.0 1,358.1 0.0 0.0 0.0 0.0 0.0 5,629.5
2001 6,110.5 1,164.7 957.8 2,315.9 132.4 790.7 0.0 749.0 0.0 0.0 0.0 0.0 0.0 6,110.5
2002 6,856.1 1,857.9 109.3 2,818.7 110.8 900.9 0.0 1,058.7 0.0 0.0 0.0 0.0 0.0 6,856.1
2003 9,415.2 1,681.7 2,266.8 3,040.2 126.8 1,240.6 0.0 1,059.2 0.0 0.0 0.0 0.0 0.0 9,415.2
2004 12,084.0 2,724.4 2,852.9 3,476.2 189.5 1,361.4 0.0 1,479.6 0.0 0.0 0.0 0.0 0.0 12,084.0
2005 12,402.4 2,766.7 3,138.2 3,733.4 153.6 1,266.2 0.0 1,344.4 0.0 0.0 0.0 0.0 0.0 12,402.4
2006 76,276.1 6,663.0 15,239.8 20,735.0 912.7 10,493.4 0.0 22,232.3 0.0 0.0 0.0 0.0 0.0 76,276.1
2007 15,843.7 1,793.4 3,829.1 6,196.1 207.5 1,904.2 0.0 1,913.4 0.0 0.0 0.0 0.0 9,289.5 25,133.2
2008 25,864.9 6,076.6 4,467.5 9,935.5 319.2 3,185.0 235.0 1,646.1 0.0 0.0 0.0 0.0 11,547.7 37,412.6
2009 49,498.9 15,124.7 6,567.5 13,040.3 337.4 4,556.6 7,373.0 2,499.5 0.0 0.0 0.0 0.0 12,470.2 61,969.2
2010 37,589.6 7,794.1 6,444.5 13,219.0 281.0 2,965.2 3,713.6 3,172.2 0.0 0.0 0.0 0.0 16,225.8 53,815.4
2011 39,389.2 8,520.5 6,820.6 13,205.6 271.1 2,889.6 4,651.6 3,030.3 0.0 0.0 0.0 0.0 20,815.6 60,204.8
Sources: Central Bank of Nigeria Annual Survey and National Insurance Commission (NAICOM) Annual Reports
Notes: CBN had not conducted Insurance Annual Survey since 1999
1
1970 - 1998 data were sourced from Central Bank of Nigeria Annual Survey
2
The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.
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Table A.6.4: Breakdown of Total Assets of Insurance Companies (N' Million)
Year General Business Life Total

1996 21,332.8 7,602.1 28,934.9

1997 29,312.5 8,615.7 37,928.2

1998 30,847.8 10,603.5 41,451.2

1999 34,616.8 15,514.9 50,131.7

2000 41,495.5 20,104.5 61,600.0

2001 51,674.0 26,386.5 78,060.5

2002 51,933.7 33,322.0 85,255.7

2003 74,386.4 49,881.0 124,267.4

2004 77,730.1 63,491.9 141,222.0

2005 130,402.5 72,710.6 203,113.1

2006 219,086.7 88,455.9 307,542.6

2007 302,262.8 125,234.3 427,497.2

2008 386,016.4 187,138.1 573,154.5

2009 388,350.7 198,108.9 586,459.5

2010 391,741.6 193,274.2 585,015.8

2011 407,432.2 213,662.9 621,095.1


Source: NAICOM Reports
Note: The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.
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Table A.6.5: Total Insurance Business Investments (N' Million)
Year Government Stocks Real Estate Policy & Cash at Hand Bills of Total
Securities & Bonds & Mortgage Other Loans & Deposit Exchange Investment
1996 1,546.2 4,047.8 2,523.2 795.9 3,347.1 119.3 12,379.5
1997 2,012.0 4,095.4 2,683.5 842.1 3,815.9 164.2 13,613.1
1998 4,145.9 3,633.2 212.0 2,301.2 1,993.2 3,371.5 15,656.9
1999 2,987.2 4,174.0 332.7 4,124.5 4,184.2 5,780.9 21,583.5
2000 3,559.0 4,992.9 282.3 5,212.1 3,844.4 7,302.0 25,192.6
2001 3,842.7 6,786.3 359.3 6,706.4 4,284.6 10,178.0 32,157.3
2002 3,752.1 8,350.9 960.3 7,901.0 4,095.4 11,881.2 36,940.9
2003 4,489.2 11,490.3 14,272.8 3,767.0 6,722.3 13,901.2 54,642.8
2004 4,169.1 20,071.9 21,832.2 6,769.1 5,461.4 16,287.1 74,590.8
2005 4,178.1 61,800.8 33,788.2 5,590.7 10,185.4 6,301.1 121,844.2
2006 4,858.1 121,813.1 45,186.8 7,884.7 30,314.2 6,303.0 216,359.9
2007 20,914.8 222,278.9 45,331.9 12,945.8 22,508.7 5,267.8 329,247.9
2008 1 21,374.9 227,169.1 46,329.2 13,230.6 23,003.9 5,383.7 336,491.4
2009 1 21,845.2 232,166.8 47,348.5 13,521.7 23,510.0 5,502.1 343,894.2
2010 1 22,325.8 237,274.4 48,390.1 13,819.2 24,027.2 5,623.2 351,459.9
2011 1 22,816.9 242,494.5 49,454.7 14,123.2 24,555.8 5,746.9 359,192.0
Source: NAICOM Reports
Note: 1Provisional
The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.
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Table A.7.1: Selected Financial Deepening Indicators
Money Supply2 Credit to Private GDP at Current Financial Deepening
Year (M2) Sector2 (CPS) Basic Prices (M2/GDP) (%)
(N' Billion) (N' Billion) (N' Billion) (CPS/GDP) (%)
1981 14.47 8.57 94.33 15.3 9.1
1982 15.79 10.67 101.01 15.6 10.6
1983 17.69 11.67 110.06 16.1 10.6
1984 20.11 12.46 116.27 17.3 10.7
1985 22.30 13.07 134.59 16.6 9.7
1986 23.81 15.25 134.60 17.7 11.3
1987 27.57 21.08 193.13 14.3 10.9
1988 38.36 27.33 263.29 14.6 10.4
1989 45.90 30.40 382.26 12.0 8.0
1990 52.86 33.55 472.65 11.2 7.1
1991 75.40 41.35 545.67 13.8 7.6
1992 111.11 58.12 875.34 12.7 6.6
1993 165.34 127.12 1,089.68 15.2 11.7
1994 230.29 143.42 1,399.70 16.5 10.2
1995 289.09 180.00 2,907.36 9.9 6.2
1996 345.85 238.60 4,032.30 8.6 5.9
1997 413.28 316.21 4,189.25 9.9 7.5
1998 488.15 351.96 3,989.45 12.2 8.8
1999 628.95 431.17 4,679.21 13.4 9.2
2000 878.46 530.37 6,713.57 13.1 7.9
2001 1,269.32 764.96 6,895.20 18.4 11.1
2002 1,505.96 930.49 7,795.76 19.3 11.9
2003 1,952.92 1,096.54 9,913.52 19.7 11.1
2004 2,131.82 1,421.66 11,411.07 18.7 12.5
2005 2,637.91 1,838.39 14,610.88 18.1 12.6
2006 3,797.91 2,290.62 18,564.59 20.5 12.3
2007 5,127.40 3,680.09 20,657.32 24.8 17.8
2008 8,008.20 6,941.38 24,296.33 33.0 28.6
2009 9,411.11 9,147.42 24,794.24 38.0 36.9
2010 11,034.94 10,157.02 54,612.26 20.2 18.6
2011 12,172.49 10,660.07 62,980.40 19.3 16.9
2012 13,895.39 14,649.28 71,713.94 19.4 20.4
2013 15,160.29 15,751.84 80,092.56 18.9 19.7
2014 1 17,679.29 17,129.68 89,043.62 19.9 19.2
2015 18,901.30 18,674.15 94,144.96 20.1 19.8
Sources: Central Bank of Nigeria and National Bureau of Statistics
Notes: 1Revised
2
Figures are annual averages