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A.1.

1
A.1.2
A.1.3
A.1.3.1
A.1.3.2
A.1.4
A.2.1.1
A.2.1.2
A.2.2.1
A.2.2.2
A.2.3.1
A.2.3.2
A.2.4
A.2.5.1
A.2.5.2
A.2.5.3
A.2.6
A.2.7.1
A.2.7.2
A.2.8
A.3.1

A.3.2
A.3.3
A.3.4
A.3.5
A.3.6
A.3.7
A.4.1
A.4.2
A.4.2.1
A.4.3
A.4.4
A.4.5
A.4.6
A.4.7.1
A.4.7.2
A.4.7.3
A.5.1
A.6.1
A.6.2
A.6.3
A.6.4
A.6.5
A.7.1

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Monetary Survey
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Summary of Assets/Liabilities of Discount Houses - Liabilities
Selected Financial Ratios of Discount Houses
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Selected Financial Deepening Indicators

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Table A.1.1: Monetary Survey (N' Billion)
MONETARY ASSETS/LIABILITIES
FOREIGN ASSETS (NET)
By Central Bank
By Commercial Banks
By Merchant Banks2

DOMESTIC CREDIT (NET)


Claims on Federal Govt (Net):
By Central Bank
By Commercial Banks
By Merchant Banks2

Claims on Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks2
Claims on State and Local Govts:
By Central Bank
By Commercial Banks
By Merchant Banks2
Claims on Non-Financial Public Enterprises:
By Central Bank

1981

1982

1983

1984

2.6
2.4
0.1
0.0

0.9
0.8
0.0
0.1

0.5
0.4
0.1
0.1

1.1
0.7
0.3
0.1

16.2
6.5
4.7
1.8
0.1

22.3
10.7
7.7
2.8
0.2

28.7
16.5
10.9
5.1
0.4

32.0
19.1
9.5
8.7
0.9

9.7
0.3
8.8
0.6

11.6
0.3
10.5
0.9

12.2
0.3
10.8
1.1

12.9
0.3
11.3
1.2

By Commercial Banks
By Merchant Banks

Claims on Other Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks2

OTHER ASSETS (NET)


TOTAL MONETARY ASSETS
MONEY SUPPLY (M1)
Currency Outside Banks:
Currency in Circulation
Vault cash: currency held by commercial banks
Vault cash: currency held by merchant banks
Demand Deposits1
Private Sector Deposits at CBN
Private Sector Deposits at Commercial Banks
QUASI MONEY1
Time, Savings & Foreign Currency Deposits of:
Commercial Banks
Merchant Banks
Other Private Sector Deposits at Merchant Banks

TOTAL MONETARY LIABILITIES (M2)

9.7

11.6

12.2

12.9

0.3
8.8
0.6

0.3
10.5
0.9

0.3
10.8
1.1

0.3
11.3
1.2

(2.6)

(5.1)

(8.3)

(9.8)

16.2

18.1

20.9

23.4

9.9
3.9
4.3
(0.5)
-

10.3
4.2
4.7
(0.5)
-

11.5
4.8
5.3
(0.5)
-

12.5
4.9
5.3
(0.5)
-

6.1
1.2
4.9

6.1
0.9
5.2

6.7
0.8
5.9

7.6
1.3
6.3

6.2
6.1
5.8

7.8
7.5
6.8

9.4
8.9
8.1

10.9
10.4
9.4

0.3
0.1

0.7
0.3

0.8
0.5

1.0
0.5

16.2

18.1

20.9

23.4

Source : Central Bank of Nigeria


Note: 1excludes takings from discount houses
2

Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.

1985

1986

1987

1988

1989

1990

1.4
1.1
0.2
0.1

5.4
2.8
1.4
1.1

3.7
0.4
2.1
1.2

9.5
2.5
4.5
2.5

22.5
12.7
6.6
3.2

43.9
34.2
6.3
3.4

34.5
20.3
8.9
10.3
1.1

37.9
19.6
15.0
4.4
0.1

44.1
22.2
14.4
7.6
0.3

54.8
29.3
21.9
7.3
0.2

37.0
7.4
3.7
3.6
0.1

58.2
22.8
13.7
8.7
0.4

14.1
0.4
12.3
1.5

18.3
0.4
15.6
2.3

21.9
0.5
17.7
3.7

25.5
0.6
19.7
5.1

29.6
0.6
22.3
6.7

35.4
0.7
26.6
8.2

14.1

18.3

21.9

25.5

29.6

35.4

0.4
12.3
1.5

0.4
15.6
2.3

0.5
17.7
3.7

0.6
19.7
5.1

0.6
22.3
6.7

0.7
26.6
8.2

(9.6)

(15.8)

(14.2)

(18.9)

(12.5)

(33.5)

26.3

27.4

33.7

45.4

47.1

68.7

13.9
4.9
5.4
(0.5)
-

13.6
5.2
5.7
(0.5)
-

15.2
6.3
6.9
(0.6)
-

22.2
9.4
10.2
(0.8)
-

26.3
9.8
10.7
(1.0)
-

39.2
15.0
16.2
(1.3)
-

9.0
1.9
7.0

8.4
1.7
6.6

8.9
0.9
8.0

12.8
2.2
10.7

16.5
6.3
10.2

24.2
8.6
15.6

12.4
11.9
10.6

13.8
13.2
11.5

18.5
17.9
15.1

23.2
22.4
18.4

20.8
19.5
17.0

29.5
27.1
23.2

1.3
0.5

1.7
0.6

2.8
0.6

4.0
0.8

2.5
1.3

4.0
2.4

26.3

27.4

33.7

45.4

47.1

68.7

).
anks re-emerged in 2013.

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


MONETARY ASSETS/LIABILITIES
FOREIGN ASSETS (NET)
By Central Bank
By Commercial Banks
By Merchant Banks2

DOMESTIC CREDIT (NET)


Claims on Federal Govt (Net):
By Central Bank
By Commercial Banks
By Merchant Banks2

Claims on Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks2
Claims on State and Local Govts:
By Central Bank
By Commercial Banks
By Merchant Banks2
Claims on Non-Financial Public Enterprises:
By Central Bank

1991

1992

1993

56.0
41.5
9.5
5.0

35.8
10.2
18.1
7.4

63.6
31.3
24.3
8.0

81.7
39.6
32.1
6.8
0.7

171.1
91.1
85.6
4.9
0.7

280.7
185.2
147.9
27.9
9.3

42.1
0.7
30.5
10.8

80.0
4.5
53.5
21.9

95.5
6.7
63.6
25.3

1.5
0.1
1.3
0.2

1.5
0.0
1.5
0.0

2.3
2.3

2.7
2.7

By Commercial Banks
By Merchant Banks

42.1

76.1

91.2

0.7
30.5
10.8

2.1
52.3
21.8

4.0
62.1
25.2

(50.3)

(77.8)

(145.7)

TOTAL MONETARY ASSETS

87.5

129.1

198.5

MONEY SUPPLY (M1)

50.1
23.1
25.3
(2.2)
-

76.0
36.8
39.7
(2.9)
(0.0)

118.8
57.8
62.6
(4.7)
(0.0)

27.0
4.9
22.0

39.2
6.0
33.3

60.9
11.0
49.9

37.4
35.4
30.4

53.1
49.8
41.8

79.7
74.1
60.5

5.0
2.0

8.0
3.3

13.5
5.7

87.5

129.1

198.5

Claims on Other Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks2

OTHER ASSETS (NET)

Currency Outside Banks:


Currency in Circulation
Vault cash: currency held by commercial banks
Vault cash: currency held by merchant banks
Demand Deposits1
Private Sector Deposits at CBN
Private Sector Deposits at Commercial Banks
QUASI MONEY1
Time, Savings & Foreign Currency Deposits of:
Commercial Banks
Merchant Banks
Other Private Sector Deposits at Merchant Banks

TOTAL MONETARY LIABILITIES (M2)

Source : Central Bank of Nigeria


Note: 1excludes takings from discount houses
2

Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.

1994

1995

1996

1997

1998

1999

2000

56.2
33.6
17.3
5.3

108.7
35.3
56.6
16.8

238.0
177.8
47.3
12.9

234.0
167.4
52.5
14.1

247.0
157.4
73.1
16.6

666.3
510.0
130.0
26.3

1,275.0
1,067.1
179.7
28.2

439.1
288.1
242.1
37.6
8.4

474.4
263.0
243.9
17.4
1.8

371.1
110.5
60.1
41.5
8.8

365.9
46.4
11.3
29.3
5.7

512.5
139.9
94.6
36.5
8.9

632.0
176.8
15.3
148.2
13.3

472.0
(124.0)
(343.0)
204.3
14.7

151.0
7.5
111.9
31.6

211.4
7.3
164.1
40.0

260.6
5.8
201.7
53.1

319.5
8.2
255.3
56.1

372.6
6.0
300.2
66.4

455.2
6.2
392.6
56.5

596.0
8.0
527.9
60.1

2.2
0.1
1.9
0.2

2.9
0.0
2.7
0.3

3.5
0.0
3.3
0.2

1.5
0.0
1.4
0.1

0.9
0.0
0.8
0.1

2.1
0.0
2.1
0.0

7.6
0.0
7.5
0.1

3.7
3.7

3.5
3.5

1.5
1.5

1.5
1.5

0.9
0.9

0.7
0.7

1.0
1.0

145.1

204.9

255.6

316.6

370.7

452.4

587.5

3.7
110.0
31.4

3.8
161.4
39.8

4.2
198.4
52.9

6.7
253.9
56.0

5.1
299.3
66.3

5.5
390.5
56.5

7.0
520.4
60.0

(228.4)

(264.3)

(238.7)

(170.2)

(233.9)

(598.5)

(710.9)

266.9

318.8

370.3

429.7

525.6

699.7

169.4
90.6
96.2
(5.5)
(0.0)

201.4
106.8
113.9
(7.1)
(0.0)

227.5
116.1
126.0
(9.9)
(0.0)

268.6
130.7
144.8
(14.1)
(0.1)

318.6
156.7
172.4
(15.5)
(0.1)

393.1
186.5
208.6
(21.9)
(0.2)

637.7
274.0
310.5
(35.0)
(1.5)

78.8
13.4
65.3

94.6
15.1
79.5

111.3
15.4
95.9

138.0
12.5
125.4

161.9
19.6
142.3

206.6
4.5
202.2

363.7
18.7
345.0

97.6
88.5
77.2

117.3
111.3
99.5

142.9
134.8
118.5

161.1
154.6
135.8

207.1
198.3
172.1

306.7
298.9
274.2

398.3
386.4
357.1

11.3
9.0

11.8
6.1

16.3
8.1

18.8
6.5

26.3
8.7

24.7
7.7

29.3
12.0

266.9

318.8

370.3

429.7

525.6

699.7

1,036.1

1,036.1

nks (DMBs).
Merchant Banks re-emerged in 2013.

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


MONETARY ASSETS/LIABILITIES
FOREIGN ASSETS (NET)
By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks2
DOMESTIC CREDIT (NET)
Claims on Federal Govt (Net):
By Central Bank
By Commercial Banks
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:


By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks2
Claims on State and Local Govts:
By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks2
Claims on Non-Financial Public Enterprises:

2001

1,347.6
1,059.7
287.8
849.0
(6.0)
(185.9)
179.9
855.0
10.5
844.5
26.8
26.8
1.1

2002

2003

1,282.2
903.0
379.3
-

1,388.2
971.7
416.6
-

1,329.4
373.6
(41.2)
414.9
-

1,803.9
591.9
293.5
298.4
-

955.8
7.3
948.5
17.3
17.3
0.2

g
i

A1
.

1
.

T
:

1,212.0
8.8
1,203.2
20.2
20.2
0.2

a
t

Cu
l

e
r

n
i

Ci
c
r

a
l

o
i
t

By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks2
Claims on Other Private Sector:
By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks2
OTHER ASSETS (NET)
TOTAL MONETARY ASSETS
MONEY SUPPLY (M1)
Currency Outside Banks:
Currency in Circulation
Vault cash: currency held by commercial banks
Vault cash: currency held by merchant banks
Vault cash: currency held by Non Interest banks
Demand Deposits1
Private Sector Deposits at CBN
Private Sector Deposits at Commercial Banks
Private Sector Deposits at Merchant Banks
Private Sector Deposits at Non Interest Banks
QUASI MONEY1
Time, Savings & Foreign Currency Deposits of:
Commercial Banks
Of which Foreign Currency Deposit

Merchant Banks
Of which Foreign Currency Deposit

Other Private Sector Deposits at Non Interest Banks


Of which Foreign Currency Deposit

1.1
-

0.2
-

0.2
-

827.1
9.4
817.7
-

938.3
7.1
931.1
-

1,191.5
8.6
1,183.0
-

(880.7)

(1,012.1)

(1,207.0)

1,599.5

1,985.2

1,315.9
816.7
338.7
403.5
(64.8)
478.0
30.0
448.0
499.2
499.2
499.2
47.2
-

946.3
386.9
463.2
(76.2)
559.3
55.4
503.9
653.2
653.2
653.2
109.0
-

1,225.6
412.2
502.3
(90.1)
813.4
235.7
577.7
759.6
759.6
759.6
122.6
-

TOTAL MONETARY LIABILITIES (M2)

1,315.9

1,599.5

1,985.2
F i
g

A
.
1

2
.

M
:
o n

u p

p l
y

n
i

N
g e
i

a
i
r

Source : Central Bank of Nigeria


Note: 1excludes takings from discount houses
2

Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.
4

Provisional

2004

g
i

A1
.

1
.

T
:

a
t

Cu
l

e
r

n
i

Ci
c
r

a
l

o
i
t

2005

2006

2007

2008

2009

2010

2011

2,644.7
2,182.3
462.4
-

4,098.5
3,658.5
440.0
-

6,307.9
5,603.4
704.5
-

7,266.5
6,570.3
696.2
-

8,550.4
7,270.8
1,279.6
-

7,593.3
6,522.2
1,071.1
-

6,506.6
5,372.3
1,134.3
-

7,138.7
5,823.8
1,314.9
-

2,020.2
485.7
(6.1)
491.8
-

2,313.4
306.0
(205.7)
511.8
-

714.2
(1,936.6)
(2,796.0)
859.4
-

2,688.2
(2,368.5)
(4,074.4)
1,705.9
-

4,951.9
(3,107.7)
(4,532.1)
1,424.4
-

7,862.6
(2,356.7)
(3,731.6)
1,374.9
770.0
(3,126.7)
(604.9)

8,498.6
(1,331.7)
(2,884.0)
1,552.3
1,412.7
(2,744.4)
(139.6)

13,152.9
(1,030.7)
(3,514.4)
2,483.7
2,205.4
(3,236.1)
(278.3)

1,534.4
15.2
1,519.2
24.6
24.6
1.9

2,007.4
16.2
1,991.1
54.5
54.5
2.4

2,650.8
41.5
2,609.3
80.7
80.7
13.2

5,056.7
236.0
4,820.7
87.8
87.8
-

8,059.5
260.1
7,799.4
149.8
149.8
-

10,219.3
551.5
9,667.9
310.3
310.3
13.2

9,830.3
632.2
9,198.2
369.8
369.8
-

14,183.6
4,569.1
9,614.4
513.2
513.2
-

1.9
-

2.4
-

13.2
-

13.2
-

1,507.9
13.3
1,494.6
-

1,950.4
13.8
1,936.6
-

2,556.9
28.3
2,528.6
-

4,969.0
236.0
4,732.9
-

7,909.8
260.1
7,649.6
-

9,895.8
538.2
9,357.6
-

9,460.5
632.2
8,828.4
-

13,670.4
4,569.1
9,101.2
-

(2,401.3)

(3,597.0)

(2,994.2)

(4,144.9)

(4,335.5)

(4,675.3)

(3,479.7)

(6,988.0)

2,263.6

2,814.8

4,027.9

5,809.8

9,166.8

10,780.6

11,525.5

13,303.5

1,330.7
458.6
545.8
(87.2)
872.1
143.5
728.6
932.9
932.9
932.9
172.5
-

1,725.4
563.2
642.4
(79.2)
1,162.2
215.5
946.6
1,089.5
1,089.5
1,089.5
188.5
-

2,280.6
650.9
779.3
(128.3)
1,629.7
131.8
1,497.9
1,747.3
1,747.3
1,747.3
302.4
-

3,116.3
737.9
960.8
(222.9)
2,378.4
70.5
2,307.9
2,693.6
2,693.6
2,693.6
474.4
-

4,857.3
892.7
1,155.3
(262.7)
3,964.6
314.0
3,650.6
4,309.5
4,309.5
4,309.5
924.1
-

5,017.1
927.2
1,181.5
(254.3)
4,089.9
703.4
3,386.5
5,763.5
5,763.5
5,763.5
1,444.3
-

5,571.3
1,082.3
1,378.1
(295.8)
4,489.0
658.7
3,830.3
5,954.3
5,954.3
5,954.3
1,506.3
-

6,771.6
1,245.1
1,566.0
(320.9)
5,526.4
605.6
4,920.9
6,531.9
6,531.9
6,531.9
1,965.5
-

2,263.6
F

g .
i
A
1

2
.

M
:
o

n e

Su

p p l
y

n N
i
g
i

a
i
r

s (DMBs).
rchant Banks re-emerged in 2013.

2,814.8

4,027.9

5,809.8

9,166.8

10,780.6

11,525.5

13,303.5

2012

9,043.7
7,393.6
1,647.9
2.2
12,698.2
(2,453.6)
(3,574.4)
1,120.5
0.3
483.0
(2,936.6)
(637.8)
15,151.8
4,708.3
10,441.0
2.5
665.9
665.9
-

14,485.9
4,708.3
9,775.1
2.5
(6,258.0)
15,483.8
7,420.9
1,301.2
1,631.7
(330.2)
(0.4)
6,119.8
1,046.8
5,070.0
3.0
8,062.9
8,062.1
8,062.1
2,727.0
0.8
-

15,483.8

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


MONETARY ASSETS/LIABILITIES
FOREIGN ASSETS (NET)
By Central Bank
By Commercial Banks
By Merchant Banks

By Non Interest Banks2


DOMESTIC CREDIT (NET)
Claims on Federal Govt (Net):
By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks

Memo: Claims on Federal Government (net) less FMA


Memo: Federation and Mirror Accounts (FMA)
MA:Claims on Federal Government

Claims on Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks

By Non Interest Banks2


Claims on State and Local Govts:
By Central Bank

March
6,609.1

7,673.1

7,043.9

5,094.9

6,344.0

1,611.7

1,505.2

1,317.9

1.1

6.4

8.4

1.9

2.5

2.8

14,535.2

18,100.7

16,689.5

(1,656.3)

1,649.4

(236.1)

(2,289.1)

(1,281.8)

(2,913.9)

597.0

2,873.0

2,629.1

36.6

57.2

46.3

1.0

2.4

2,533.0

2,095.2

(0.8)
174.4
(1,830.7)

(883.5)

(2,331.3)

(458.4)

(398.3)

(582.6)

16,191.5

16,451.3

16,925.6

4,599.4

4,636.0

4,702.3

11,543.6

11,764.5

12,168.8

37.9

39.5

40.7

10.5

11.3

13.7

779.1

577.9

486.9

776.7

By Merchant Banks2
2

Claims on Non-Financial Public Enterprises:

June

8,658.6

By Commercial Banks
By Non Interest Banks

2014

2013

577.9

486.9

1.4

1.0

23.6

23.6

23.6

By Central Bank
By Commercial Banks
By Merchant Banks2
By Non Interest Banks

Claims on Other Private Sector:


By Central Bank
By Commercial Banks
By Merchant Banks

By Non Interest Banks2


OTHER ASSETS (NET)
TOTAL MONETARY ASSETS
MONEY SUPPLY (M1)
Currency Outside Banks:
Currency in Circulation
Vault cash: currency held by commercial banks

23.6

23.6

23.6

15,388.8

15,849.8

16,415.1

4,575.8

4,612.4

4,678.7

10,767.0

11,186.6

11,681.8

36.5

39.5

40.7

9.5

11.3

13.7

(7,504.9)

(6,976.9)

(6,785.9)

15,689.0

17,732.9

17,576.6

7,032.8

7,617.9

7,096.4

1,446.7

1,285.8

1,211.6

1,776.4

1,574.0

1,496.7

(328.8)

(287.0)

(284.3)

Vault cash: currency held by merchant banks

(0.0)

(0.0)

(0.0)

Vault cash: currency held by Non Interest banks

(0.9)

(1.1)

(0.9)

Demand Deposits
Private Sector Deposits at CBN
Private Sector Deposits at Commercial Banks
Private Sector Deposits at Merchant Banks
Private Sector Deposits at Non Interest Banks
1

QUASI MONEY1
Time, Savings & Foreign Currency Deposits of:
Commercial Banks
Of which Foreign Currency Deposit

Merchant Banks
Of which Foreign Currency Deposit

Other Private Sector Deposits at Non Interest Banks


Of which Foreign Currency Deposit

5,586.2
417.1
5,160.8
0.5
7.7

6,332.1
627.9
5,667.8
13.3
23.0

5,884.9
532.4
5,325.5
3.5
23.5

8,656.1
8,642.7
8,606.6
3,402.2
36.0
0.8
13.5
0.3

10,115.0
10,113.8
10,032.7
3,039.6
81.1
3.4
1.2
-

10,480.2
10,480.2
10,430.6
3,191.2
49.6
2.5
-

TOTAL MONETARY LIABILITIES (M2)

15,689.0

17,732.9

17,576.6

Source : Central Bank of Nigeria


Note: 1Excludes takings from discount houses
2

3
4

Universal Banking was adopted in 2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs).
Universal Banking model lasted until end 2012; Non-Interest Banking came into operation in 2012 while Merchant Banks re-emerged in 2013.

Revised
Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.

2014

2015

September

December

March

June

September

December

7,578.8

6,954.2

6,787.8

5,951.5

5,083.1

5,653.3

6,436.3

6,244.7

6,157.0

5,796.0

5,242.6

5,545.3

1,147.2

712.6

640.6

159.9

(8.9)

(6.4)

(11.3)

4.2

3.3

1.5

17,968.4

19,273.8

20,635.8

276.7

1,150.1

1,986.8

(2,579.4)

(2,141.7)

(1,563.1)

2,790.2

3,214.4

3,453.5

63.5

75.0

95.0

2.4

2.4

1.4

2,449.5

3,171.5

3,639.2

(2,172.9)

(2,021.4)

(1,652.4)

(406.6)

(120.3)

(159.6)

125.4

(5.9)

(1.3)

###

1.4

1.4

21,409.8

21,519.8

21,612.5

2,512.5

2,787.6

2,893.2

(1,042.2)

(1,653.1)

3,219.3

3,747.7

4,470.3

61.3

80.9

74.7

1.3

1.2

4,134.0

4,224.4

4,475.2

(1,621.5)

(1,436.7)

(1,582.0)

(769.5)

###

89.3

852.0

394.6

(18.8)

(71.0)

17,691.7

18,123.6

18,649.0

18,897.3

18,732.2

18,719.3

4,697.8

4,859.9

4,918.9

5,093.1

5,275.2

5,061.6

12,933.8

13,179.6

13,631.1

13,713.0

13,362.9

13,568.5

42.2

62.6

76.2

68.5

69.1

62.8

17.9

21.5

22.7

###

24.9

26.3

484.5

536.4

543.2

397.0

583.8

484.5

536.4

543.2

471.4
###
471.4

397.0

583.8

###

###

23.6

25.6

25.6

51.0

192.9

25.6

23.6

25.6

25.6

51.0

192.9

25.6

###

###

###

17,183.6

17,561.7

18,080.2

18,374.8

18,142.3

18,109.9

4,674.2

4,834.3

4,893.3

5,042.0

5,082.3

5,036.0

12,449.3

12,643.2

13,087.9

13,241.5

12,965.9

12,984.7

42.2

62.6

76.2

68.5

69.1

62.8

17.9

21.5

22.7

###

24.9

26.3

(7,347.0)

(7,314.9)

(8,291.2)

(8,549.8)

(7,884.9)

(7,235.9)

18,200.2

18,913.0

19,132.4

18,811.4

18,718.0

20,029.8

7,352.6

6,904.8

6,983.9

6,542.4

7,148.6

8,571.7

1,299.5

1,437.4

1,471.1

1,184.0

1,219.0

1,456.1

1,547.9

1,798.0

1,818.4

1,562.3

1,637.5

1,857.9

(247.7)

(359.4)

(346.0)

(377.1)

(416.7)

(399.9)

(0.0)

(0.0)

(0.0)

(0.0)

(0.0)

(0.0)

(0.7)

(1.2)

(1.3)

###

(1.8)

(1.9)

6,053.1
546.1
5,471.5
8.5
27.0

5,467.4
217.0
5,221.3
1.5
27.5

5,512.8
135.7
5,369.7
7.4
-

10,847.6
10,847.6
10,803.8
3,509.6
43.8
4.7
-

12,008.2
12,008.2
11,936.9
3,961.9
71.3
5.2
-

12,148.4
12,134.6
12,077.6
4,248.5
56.9

2.2
13.9
0.9

5,358.4
228.1
5,121.4
8.8
###
12,269.0
12,255.2
12,209.0
4,132.3
46.2
1.3
13.9

###

5,929.6
544.3
5,379.4
5.9
-

7,115.6
1,229.7
5,873.5
12.4
-

11,569.4
11,531.1
11,449.9
3,760.0
81.2
7.1
38.3

11,458.1
11,418.4
11,363.5
3,392.5

1.2

54.9
13.4
39.7
1.2

18,200.2

Banks (DMBs).
le Merchant Banks re-emerged in 2013.

18,913.0

19,132.4

18,811.4

18,718.0

20,029.8

Return to Menu
Table A.1.2: Monetary Authorities' Analytical Accounts - Assets (N' Billion)
Item
FOREIGN ASSETS
Gold
IMF Gold Tranche
Foreign Currencies
Demand Deposits at Foreign Banks
Treasury Bills of Foreign Governments
SDR Holdings
Attached Assets
Regional Monetary Cooperation Funds
Other Foreign Assets
CLAIMS ON FEDERAL GOVERNMENT
Treasury Bills & TB Rediscounts
Treasury Bills
Treasury Bills Rediscounts
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
Other Claims on Federal Government
Claims on Federal Government (Branch Position)
CLAIMS ON STATE AND LOCAL GOVERNMENT
Overdrafts to States & Local Governments:
Overdrafts to State Governments

1981

1982

1983

2.4
1.0
0.4
0.0
- ###
###
###

0.8
0.1
-

1.9
0.1

###
###
###
0.0

0.7
0.0

6.1
3.4
3.4
0.0
1.1
1.6

8.2
5.6
5.5
0.1
###
###
###
###
###
###
###
###
###
###
###
0.9
1.7

12.3
6.5
6.0
0.5
3.9
1.8

1.0

###

###
###

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


(Overdrafts to) Commercial Banks
(Overdrafts to) Merchant Banks1
Other Claims on DMBs
Claims on Deposit Money Banks (Branch Position)
CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's)
Development Banks
Other Claims on OFI's:
Loans to OFI's1
Investment in OFI's
Miscellaneous Claims on OFIs
UNCLASSIFIED ASSETS
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

0.6
###
0.6
-

0.6
###
0.6
###

0.7
###
0.7
-

0.3
0.3

0.3
###
0.3

0.3
0.3

0.3
-

###
0.3

0.3
-

0.6
###
###
###
###
###
###
###
###
###
###
###
###
###
###

0.6
###
-

0.3
###
-

###

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
Source : Central Bank of Nigeria
Notes: 1These items were reclassified from the last quarter of 2006

###

9.7

10.7

###
14.6

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

43.4
0.0
- ###
1.0
34.3

32.2
0.0

1.2
1.6
0.1
0.0
- ###
###
###

3.6
4.6
0.0
0.0
- ###
###
###

3.3
13.4
0.0
0.0
- ###
###
###

35.0
44.2
0.0
0.0
- ###
###
###

1.1
0.0

3.6
4.6
###
###
###
- ###

3.3
13.4
###
###
###
- ###

34.9
0.0

44.2
###
###
###
0.0

4.9
0.2
0.0
3.0

48.9
3.4
1.7
1.7
24.0
21.5

83.1
34.8
32.4
2.4
###
###
###
###
###
###
###
###
###
###
###
27.5
20.8

139.8
85.5
83.7
1.8
19.0
17.4
1.6
0.1
0.0
0.1
1.1
1.1
33.1
1.1

11.1
5.2
4.9
0.3
4.3
1.6

1.6
###
###
###
0.0
11.6
6.2
5.9
0.3
###
###
###
###
###
###
###
###
###
###
###
3.7
1.7

###

###
###

17.8
11.6
8.4
3.2
4.5
1.7

19.3
14.2
13.3
0.9
###
###
###
###
###
###
###
###
###
###
###
3.4
1.6

###

###
###

28.2
22.8
22.4
0.5
3.8
1.5

28.5
11.2
6.8
4.4
###
###
###
###
###
###
###
###
###
###
###
4.5
12.8

###

###
###

###

###
###

0.1
0.1
0.1

0.4
26.7
2.8

###
0.2
2.1
211.4
47.3
47.1
0.2
117.1
15.6
1.6
1.2
0.0
1.2
1.5
1.5
35.3
9.0
###
0.0
0.0
0.0

###
###

###
###
###
###

###
###

###
###
###
###

###
###

###
###
###
###

###
###

###
###
###
###

2.3
2.0
2.0
0.0
0.3

2.7
2.0
2.0
0.0
0.8

0.6

0.9

2.6
###
###
2.6
###

0.7
0.7
-

1.5
###
###
1.5
###

3.9
1.8
0.1
1.9
-

7.8
5.3
1.3
1.2
###

0.7
###

0.7
###
-

1.5
0.5
1.0

3.1
0.5
25.7

###

0.1
0.9
0.0

0.1
1.1
1.4

78.1
30.8
30.8
0.6
30.2

98.2
38.3
38.2
0.6
37.6

###
###
###

0.3
0.3

0.4
###
0.4

0.4
0.4

0.5
###
0.5

0.6
0.6

0.6
###
-

0.3
-

###

###

0.6
-

###

###

0.4
-

0.8
-

2.2
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

4.9
-

8.7
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

###
###
###
###

0.5
###

29.4
-

0.6
###
42.5
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

0.0
-

0.9
0.9
-

0.4

0.7
48.1
-

0.7
###
53.6
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

0.0

0.0
-

0.0
0.0
0.0
36.5
1.5
0.2
0.1
0.1

0.0
0.0
0.0
51.0
1.5
0.3
0.2

###
###
###
###

###
###
###
###

###
###
###
###

###
###
###
###

###
###
###
###

###
###
###
###

###
###
###
###

###
###
###
###

5.8
1.2
1.2

###
###
###
###
###

###
###
###
###
###

###
###
###
###
###

###
###
###
###
###

1.0
0.4
0.6

14.3

15.7

26.7

33.2

61.5

87.7

133.4

183.3

0.0
0.0
34.8
-

0.1
0.0
49.2
-

3.5
###
0.7
0.7

0.8
0.8
0.0
-

2.9

4.0

269.7

356.4

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


Item
FOREIGN ASSETS
Gold
IMF Gold Tranche
Foreign Currencies
Demand Deposits at Foreign Banks
Treasury Bills of Foreign Governments
SDR Holdings
Attached Assets
Regional Monetary Cooperation Funds
Other Foreign Assets
CLAIMS ON FEDERAL GOVERNMENT
Treasury Bills & TB Rediscounts
Treasury Bills
Treasury Bills Rediscounts
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
Other Claims on Federal Government
Claims on Federal Government (Branch Position)
CLAIMS ON STATE AND LOCAL GOVERNMENT
Overdrafts to States & Local Governments:
Overdrafts to State Governments

1994

1995

33.8
0.0
0.4
27.7

42.3
0.0
0.9
35.6

1.6
0.2
0.1
3.7

0.4
0.1
5.3

308.9
30.6
28.1
2.6
197.8
196.3
1.5
0.8
0.1
0.7
1.2
1.2
27.6
0.4

438.5
42.0
36.5
5.5
271.0
269.5
1.5
1.2
0.0
1.1
0.9
0.9
29.6
24.2

50.4

69.7

0.1
0.1
0.1

0.0
0.0
0.0

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)

3.7
2.3
2.3
0.0
1.3

3.5
3.2
3.2
0.0
0.3

CLAIMS ON (NON-FINANCIAL) PRIVATE SECTOR

0.8

0.6

13.0
9.7
1.6
1.8
-

24.2
18.8
2.9
2.6
-

2.9
0.6
2.4

3.2
0.6
2.6

0.0
2.4
0.0

0.0
2.5
0.0

105.7
38.2
38.2
0.6
37.6
0.0
0.0
0.0
58.8
6.6
0.2
0.0
0.1

140.5
42.7
42.7
0.6
42.0
0.0
0.0
0.0
0.0
54.4
8.5
0.8
0.4
0.1

CLAIMS ON DEPOSIT MONEY BANKS


(Overdrafts to) Commercial Banks
(Overdrafts to) Merchant Banks1
Other Claims on DMBs
Claims on Deposit Money Banks (Branch Position)
CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's)
Development Banks
Other Claims on OFI's:
Loans to OFI's1
Investment in OFI's
Miscellaneous Claims on OFIs
UNCLASSIFIED ASSETS
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

0.1
0.0
52.0
-

0.2
0.0
45.0
-

Claims on Branches
Non-Monetary Precious Metals
Miscellanoues unclassified Assets
Other Miscellaneous Assets

3.4
0.0
0.3
0.3

3.9
0.0
31.4
31.4

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

0.2
0.2
0.0
4.8

2.7
2.7
0.0
5.5

468.9

652.8

TOTAL ASSETS
Source : Central Bank of Nigeria
Notes: 1These items were reclassified from the last quarter of 2006

1996

1997

1998

1999

2000

2001

181.4
0.0
0.6
163.5

179.2
0.0
5.5
166.7

161.4
0.0
12.1
143.7

510.6
0.0
3.8
462.7

774.7
###
###
2.4
569.0

1,181.7
0.0
745.9
391.5

5.4
0.0
11.9

2.5
0.0
4.4

1.3
0.0
4.2

29.9
0.0
14.1

57.3
###
###
0.0
145.9

37.7
0.1
6.5

313.8
9.5
3.1
6.4
224.7
223.3
1.4
17.8
0.0
17.8
0.8
0.8
1.0

406.1
141.7
134.2
7.4
122.0
120.6
1.4
36.9
0.0
36.9
0.6
0.6
2.8

457.0
121.9
120.3
1.6
162.9
145.5
17.4
24.9
9.8
15.2
0.4
0.4
0.0
0.0
2.1

532.3
79.9
50.1
29.7
406.9
390.0
16.9
42.5
38.7
3.9
0.3
0.3
1.9

513.0
87.4
58.6
28.7
396.6
380.3
###
16.3
25.9
17.4
8.5
0.7
0.7
###
###
###
1.6

738.6
354.6
353.2
1.4
383.4
367.7
15.7
0.6
0.6
-

60.0

102.2

144.8

0.8

0.9

0.0
0.0
0.0

0.0
-

0.0
-

0.0
-

###
###
###

2002
1,013.5
0.0
0.0
562.5
339.4

2003

2004

1,065.1
0.0
0.0
448.2
517.7

2,478.6
0.0
###
1,451.6
710.5

86.0
0.0
###
25.6

66.1
0.0
33.0

298.6
0.1
###
0.5
17.3

532.5
160.3
157.7
2.6
371.7
248.0
###
123.6
###
###
###
0.5
0.5
###
###
###
###

592.2
215.5
94.8
120.6
361.6
240.9
120.7
14.8
14.8
0.4
0.4
-

441.6
98.9
32.0
67.0
342.4
236.5
###
105.9
###
0.2
0.0
###
0.2
###
###

###

0.0

###
###
###

###
###
###

0.0

0.0

0.0

###
###

###
###

###
###

1.5
1.0
0.9
0.0
0.6

1.5
0.9
0.9
0.0
0.5

0.9
0.3
0.3
0.0
0.6

0.7
0.2
0.2
0.0
0.5

1.0
0.2
0.2
0.0
0.8

1.1
0.2
0.2
0.0
0.9

0.2
0.1
0.1
0.1

0.2
0.2
0.2
0.0

1.9
1.9
1.9
###
-

1.0

0.8

0.5

0.9

2.2

3.1

1.6

1.7

1.9

27.7
18.3
3.0
6.4
-

21.3
16.7
2.9
1.6
0.0

21.8
17.6
2.9
1.4
0.0

22.1
17.7
2.8
1.6
-

15.6
9.2
5.5
0.8

92.0
42.6
8.1
41.3
-

3.3
0.6
2.7

5.9
0.6
5.3

4.6
0.7
3.9

4.6
0.7
3.8

4.9
0.9
4.0

6.3
1.9
4.4

5.5
3.7
1.8

6.9
6.9
-

11.3
9.5
1.8

0.0
2.7
0.0

2.0
3.2
0.1

0.0
3.8
0.0

0.0
3.8
0.0

4.0
0.0

4.4
0.0

1.8
-

115.7
39.2
39.2
0.6
38.6
0.0
0.0
0.0
0.0
51.7
6.0
0.3
0.0

207.6
36.8
36.8
0.6
36.2
0.0
0.0
0.0
0.0
36.5
2.6
0.3
0.1

191.6
36.3
36.3
0.6
35.7
0.0
0.0
0.0
0.0
34.9
2.7
0.2
0.0

296.8
196.7
196.5
0.6
195.9
0.2
0.0
0.2
0.0
35.3
18.3
0.2
0.0

36.2
29.2
2.8
4.2
###

374.2
200.0
200.0
###
199.4
###
0.0
###
0.0
0.0
###
145.6
24.8
1.3
###
1.1

20.6
10.4
5.6
4.6
-

124.0
68.1
68.0
0.6
67.4
0.1
0.0
0.1
0.0
12.9
1.0
0.2
0.0

5.6
2.1
3.4
0.0
###

151.2
138.3
138.3
0.6
137.7
###
###
11.9
5.5
4.2
0.4
3.4

182.7
307.9
307.9
0.6
307.3
114.0
4.8
109.2
0.5
1.2

1.8
###
0.0
374.9
337.6
337.6
0.6
337.0
###
###
###
###
###
0.0
75.9
7.7
0.9
0.5

0.3
45.3
0.1

0.2
0.0
33.5
0.1

0.2
31.8
0.2

0.2
0.0
16.5
0.2

13.6
0.0
1.3
1.3

5.8
0.0
104.1
104.1

9.3
0.0
85.6
85.6

1.1
0.0
29.4
29.4

6.8
1.3
5.5
3.0

19.9
0.8
19.1
4.5

22.0
1.1
20.9
3.5

25.4
0.2
25.2
8.8

644.4

822.3

837.8

1,367.8

0.2
0.0
119.1
0.4

0.2
0.0
10.5
1.1

0.5
2.1
-

0.2
107.3
-

0.2
0.3
67.3
###

10.5
###
2.2
2.2

1.9
0.0
0.0
0.0

0.1
0.0
0.0

23.2
23.2

###
###
240.4
240.4

10.8
3.8
7.0
###
5.1

36.5
25.6
10.6
0.3
4.6

0.1
0.1
0.0
0.8

44.2
42.0
2.2
0.7

58.5
55.9
2.7
###
-

2,075.4

1,710.0

1,864.4

1,706.2

3,402.3

2005
3,715.2
0.0
0.0
1,354.4
2,157.3
182.3
0.1
0.4
20.7
188.3
90.5
72.3
18.2
93.8
92.8
92.4
3.9
3.9
0.1
0.1
-

2.4
2.4
2.4
2.1
60.9
57.1
3.8
11.6
9.5
2.1
2.1
426.1
381.2
381.2
0.6
380.6
8.4
4.9
3.4
3.1

0.2
0.1
0.9
29.7
29.7

5.8
5.8
4,406.7

Table A.1.2: Monetary Authorities' Analytical Accounts - Assets (N' Billion) - Continued
Item
FOREIGN ASSETS
Gold
IMF Gold Tranche
Foreign Currencies
Demand Deposits at Foreign Banks
Of which: Domicillary Accounts
Treasury Bills of Foreign Governments
SDR Holdings
Attached Assets
Regional Monetary Cooperation Funds
Other Foreign Assets
CLAIMS ON FEDERAL GOVERNMENT
Treasury Bills & TB Rediscounts
Treasury Bills
Treasury Bills Rediscounts
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
Other Claims on Federal Government
Claims on Federation & Mirror Accounts
CLAIMS ON STATE AND LOCAL GOVERNMENT
Overdrafts to States & Local Governments:
Overdrafts to State Governments
Overdrafts to Local Governments

2006

2007

5,617.3
0.0
0.0
304.9
5,220.2
92.0
0.1
-

6,570.3
0.0
0.0
681.8
5,816.4
587.1
71.9
0.1
###
###
###

652.5
23.3
23.3
0.0
142.9
99.9
43.0
486.2
486.2
0.1
0.1
0.1
-

97.0
6.1
5.6
0.5
90.8
78.5
12.3
###
###
0.1
0.1
0.1
###
###
###

###
###
###
###

Claims on State & Local Govt.(Branch Position)


Domicilliary Mirror Accounts
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
(Overdrafts to) Commercial Banks
(Overdrafts to) Merchant Banks1
Other Claims on DMBs
CBN Securities
CLAIMS ON OTHER FINANCIAL INSTITUTIONS (OFI's)
Development Banks
Other Claims on OFI's:
of which AMCON Bonds
Loans to OFI's1
Investment in OFI's
Miscellaneous Claims on OFIs
UNCLASSIFIED ASSETS
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

13.2
13.2
13.2
2.8

###

###
###
7.4

130.2
130.2
-

224.6
10.0
###
214.6
###

25.4
25.4
-

228.6
###
228.6
###
###
###
###

3,593.0
325.0
325.0
0.0
442.9
425.2
2,264.4

1,561.1
337.6
337.6
###
###
###
###
###
###
###
130.1
###
22.4
###
38.3

Interest Receivables1
Other Income Receivable
Exchange Difference on Promisory Notes
SME Revaluation Accounts
Fixed Assets Revaluation
Claims on Branches
Non-Monetary Precious Metals
Miscellanoues unclassified Assets
Other Miscellaneous Assets
Of which:
Restricted Claims on DMBs
Claims on DMBs in Liquidation
Expenses
Head Office Expenses
Branch Expenses1
Zonal Office Expenses
Unclassified Assets (Branch Position)
TOTAL ASSETS
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.

17.7
300.3
4.7
103.5
103.5
152.2
152.2
10,034.5

###
###
###
107.7
###
563.7
172.5
122.8
122.8
###
32.0
10.9
196.1
196.1
###
###
###
8,689.0

2014
2008

2009

2010

2011

2012

2013

March

June

7,341.5
0.0
0.0
2,045.9
5,282.2
393.5
13.1
0.2
-

6,547.8
###
###
74.5
6,031.9
568.2
88.9
352.5
###
###
###

5,411.3
0.0
0.0
121.6
4,904.9
469.8
0.0
384.8
-

5,829.8
0.0
0.0
59.1
5,368.9
308.0
0.0
401.7
-

7,395.3
0.0
0.0
97.7
6,897.8
560.3
0.0
399.8
-

7,048.7
0.0
0.0
34.5
6,613.8
0.0
400.4
-

6,129.4
0.0
0.0
38.5
5,688.9
0.0
401.9
-

6,724.3
0.0
0.0
57.9
6,264.4
0.1
402.0
-

637.0
364.5
364.3
0.2
272.4
271.9
0.4
0.1
0.1
0.1
0.0
-

401.5
1.9
0.6
1.3
253.7
253.3
0.4
###
###
###
###
0.0
0.0
0.0
###
145.8
###

664.8
307.7
304.1
3.7
297.0
296.8
0.1
0.0
0.0
0.0
60.1
-

680.6
138.8
69.8
69.0
276.2
274.7
1.5
0.0
0.0
0.0
265.6
-

733.4
224.8
215.2
9.6
338.3
336.7
1.6
134.8
134.8
0.0
0.0
0.0
33.1
2.3

678.1
56.0
38.4
17.6
347.7
346.3
1.5
239.1
239.1
0.0
0.0
0.0
35.2
0.0

1,588.5
55.7
26.5
29.2
209.1
207.6
1.5
276.2
276.2
34.5
1,013.1

541.8
39.2
36.4
2.8
268.2
266.6
1.6
200.0
200.0
34.4
0.0

###
###
###
###

###
-

13.2
###
###
###
13.2

7.4

1.7

23.6
23.6
23.6
0.0

23.6
23.6
23.6
-

23.6
23.6
23.6
-

40.5

29.7

29.3

5.5

5.2

5.6

67.2
10.0
57.2
-

684.8
675.0
###
9.8
###

765.5
735.9
29.6
-

793.0
708.1
84.9
-

1,052.6
773.5
279.1
-

806.5
792.0
10.9
3.7

2,448.0
2,291.1
156.9
-

993.9
770.5
223.4
-

252.7
252.7
-

536.5
###
536.5
###
###
###
###

591.7
591.7
-

4,539.5
4,539.5
3,476.8
-

4,679.0
4,679.0
3,596.4
-

4,570.3
4,570.3
3,818.8
-

4,607.2
4,607.2
3,818.8
-

4,673.2
4,673.2
4,024.8
-

1,898.2
331.4
331.4
15.4
15.4
38.1

872.3
382.4
382.4
###
###
###
###
###
###
###
###
16.6
###
16.6
###
22.7

1,294.0
402.7
402.7
12.5
12.5
7.0

4,878.1
433.7
433.7
11.7
11.7
46.3

6,790.9
421.9
421.9
658.3
658.3
52.7

1,929.9
412.0
412.0
924.2
924.2
31.0

1,244.5
412.0
412.0
162.0
162.0
108.8

1,543.5
421.7
421.7
514.7
514.7
24.8

1,252.3
166.1
91.7
91.7
32.3
8.5
3.2
3.2
10,204.0

###
###
###
###
###
63.8
195.8
190.8
190.8
###
15.8
1.4
0.3
0.3
###
###
###
9,057.8

529.6
238.3
56.2
56.2
11.9
37.1
47.6
47.6
-

3,920.5
297.4
168.5
168.5
20.9
42.5
-

5,176.4
348.7
132.9
132.9
28.5
42.9
-

0.0
402.2
160.5
160.5
28.3
47.7
-

2.8
412.0
146.7
146.7
28.3
47.9
-

2.2
430.9
149.1
149.1
28.3
47.9
-

8,767.7

16,750.7

20,680.5

15,062.6

16,046.4

14,505.8

2014 2
September

December

March

2015 3
June
September

December

6,436.4
0.0
0.0
48.1
6,002.6
0.1
385.7
-

6,244.7
0.0
0.0
35.9
5,474.2
328.2
406.4
-

6,249.8
###
###
37.9
5,757.0
###
0.7
454.2
###
###
###

7,646.7
0.0
0.0
50.1
7,133.0
0.7
462.8
-

5,576.3
0.0
0.0
15.7
5,097.9
0.8
461.9
-

5,624.7
0.0
0.0
56.5
5,111.2
0.4
456.5
-

594.1
37.3
35.0
2.2
250.5
248.9
1.6
271.4
271.4
34.8
0.1

922.4
48.8
21.4
27.5
246.7
246.7
0.0
592.0
592.0
34.9
0.0

1,263.7
137.4
52.2
85.1
474.8
474.8
0.0
###
550.4
###
550.4
###
###
###
###
###
35.1
65.9

1,527.4
173.9
21.4
152.5
667.3
667.3
0.0
648.3
648.3
35.2
2.7

1,581.5
108.3
21.4
86.9
637.6
637.6
0.0
792.9
792.9
40.4
2.3

2,514.0
100.7
94.6
6.1
612.6
612.6
0.0
1,759.7
856.3
903.4
37.8
3.2

###
###
###
###

23.6
23.6
23.6
-

25.6
25.6
25.6
0.0

6.0

5.9

986.7
769.8
216.9
-

774.2
774.2
-

4,668.3
4,668.3
4,025.7
1,776.8
421.7
421.7
675.6
648.8
82.7

###
###
25.6
###
###
###
-

51.0
51.0
51.0
-

192.9
192.9
192.9
-

25.6
25.6
25.6
-

9.2

10.1

11.0

825.2
825.2
###
###
###

1,400.1
1,400.1
-

1,146.5
1,146.5
-

1,225.2
1,225.2
-

4,828.4
4,828.4
4,028.0
-

4,886.4
###
4,886.4
###
###
###
###

5,032.8
5,032.8
4,147.8
-

5,072.2
5,072.2
4,188.9
-

5,025.0
5,025.0
4,136.6
-

1,782.1
421.7
421.7
743.7
743.7
32.6

1,356.0
###
###
###
###
###
###
###
###
###
###
208.3
###
208.3
###
32.6

1,641.3
484.5
484.5
405.6
405.6
8.0

1,934.0
484.5
484.5
624.9
624.9
99.4

2,066.8
484.5
484.5
895.7
895.7
1.1

7.0

26.8
3.8
440.8
152.3
152.3
28.3
47.9
-

2.5
449.9
131.6
131.6
28.3
47.7
-

14,491.8

14,583.4

###
###
###
###
###
45.9
470.8
176.8
176.8
###
###
47.7
###
###
###
###
###
14,613.7

3.4
491.5
248.3
248.3
28.3
47.7
-

1.6
512.2
211.4
211.4
28.3
47.8
-

1.8
531.1
152.6
152.6
28.3
47.8
-

17,308.5

15,513.5

16,492.3

Return to Menu

Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billio


Item1
RESERVE MONEY
Currency in Circulation
Head Office
Branches
Deposit Money Banks' Deposits:
Commercial Banks
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
Non-Financial Public Enterprises (Parastatals):
Federal Government Parastatals
Private Sector Corporations Deposit
State and Local Government Deposits and Parastatals
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
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
Other Foreign Liabilities

LONG-TERM FOREIGN LIABILITIES


Long-Term Liabilities
Trade Debt Promissory Notes A/C
FEDERAL GOVERNMENT DEPOSITS
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
Capital
Reserves
Provisions
Undisbursed Profits
Revaluation Accounts
Foreign Assets Revaluation A/C
Fixed Assets Revaluation
UNCLASSIFIED LIABILITIES
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
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006

abilities (N' Billion)


1981
5.0
4.3
0.7
0.7
1.2
1.0
0.1
-

1982
5.8
4.7
1.1
1.1
0.9
0.8
0.0
-

1983
6.1
5.3
0.8
0.8
0.8
0.7
0.1
-

1984
5.9
5.3
0.6
0.6
1.3
1.2
0.1
-

1985
5.7
5.4
0.3
0.3
1.9
1.9
0.1
-

1986
6.7
5.7
1.0
1.0
1.7
1.7
0.1
-

0.0
0.0
-

0.3
0.3
-

0.4
0.4
-

0.5
0.5
-

0.5
0.5
-

0.8
0.8
-

1.4
-

0.6
-

1.3
-

1.6
-

2.7
-

2.8
-

0.1
0.1
1.9
-

0.1
0.1
3.1
-

0.1
0.1
5.8
-

0.2
0.2
4.9
-

0.2
0.2
4.8
-

9.7

10.7

14.6

14.3

15.7

0.2
0.2
14.4
-

26.7

1987
8.5
6.9
1.6
1.6
0.9
0.7
0.2
-

1988
11.7
10.2
1.5
1.5
2.2
2.1
0.1
-

1989
11.8
10.7
1.1
1.1
6.3
5.5
0.9
-

1990
18.3
16.2
2.1
2.1
8.6
6.7
1.9
-

4.2
4.2
-

0.8
0.8
-

0.7
0.7
-

0.7
0.7
-

4.9
-

6.3
-

24.8
-

35.2
-

0.3
0.3
14.4
-

0.3
0.3
40.2
-

0.3
0.3
43.6
-

0.6
0.6
69.8
-

33.2

61.5

87.7

133.4

Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billio


Item
RESERVE MONEY
Currency in Circulation
Head Office
Branches
Deposit Money Banks' Deposits:
Commercial Banks
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
Non-Financial Public Enterprises (Parastatals):
Federal Government Parastatals
Private Sector Corporations Deposit
State and Local Government Deposits and Parastatals
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
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
Other Foreign Liabilities

LONG-TERM FOREIGN LIABILITIES


Long-Term Liabilities
Trade Debt Promissory Notes A/C
FEDERAL GOVERNMENT DEPOSITS
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
Capital
Reserves
Provisions
Undisbursed Profits
Revaluation Accounts
Foreign Assets Revaluation A/C
Fixed Assets Revaluation
UNCLASSIFIED LIABILITIES
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
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006

ties (N' Billion)


1991
29.9
25.3
4.5
4.5
4.9
3.5
1.4
-

1992
71.4
39.7
39.5
0.2
31.6
29.1
6.8
0.2
22.1
1.5
0.9
0.1
0.6
0.0
1.1
6.0
2.4
2.4
0.0
0.8
0.2
0.6
0.1
1.3
0.0
1.3
1.4

2.7
2.7
-

33.2
27.6
26.4
1.1
0.0
5.6

0.9
0.4
0.0
0.4
0.5

0.2
0.1
0.0
0.0
0.0
0.0
0.1

7.1
7.0
3.2
3.9
0.0
0.0
0.0

3.7
3.6
1.0
2.7
0.0
0.0
0.0

25.7
25.7
25.7

54.6
54.6
54.6

60.2
60.2
60.2

46.6
46.6
46.6

43.7
43.7
43.7

54.3
31.5
0.0
0.0

63.5
39.2
0.0
0.0

66.7
45.2
0.0
0.0

194.6
176.0
0.0
0.0

253.8
214.6
0.0
0.0

51.0
-

1993
104.6
62.6
60.9
1.7
42.0
39.5
3.6
0.4
35.5
1.8
0.5
0.1
1.2
0.2
0.6
11.0
6.5
6.5
0.1
0.4
0.2
0.2
0.0
2.2
0.3
2.0
1.7

1994
138.3
96.2
95.9
0.3
42.1
39.8
5.9
0.6
33.3
2.0
0.3
0.2
1.5
0.0
0.3
13.4
6.3
6.3
0.1
0.5
0.2
0.3
0.0
4.0
0.6
3.3
2.6

1995
167.7
113.9
113.5
0.4
53.8
51.5
6.7
0.5
44.3
1.6
0.2
0.3
1.2
0.0
0.6
15.1
7.2
7.2
0.2
0.7
0.3
0.3
0.1
3.5
0.5
3.0
3.6

1996
178.5
126.0
118.9
7.1
52.5
51.6
8.3
0.0
43.2
0.3
0.3
0.0
0.0
0.6
15.4
6.5
6.5
0.0
0.8
0.2
0.6
0.0
5.1
0.6
4.5
3.0

12.8

9.9

5.9

3.9

6.7

10.0
30.3
0.3
3.3
13.2
5.9
7.6
7.6
48.9
0.1
0.0
8.4

14.3
61.5
0.3
5.6
20.8
8.5
26.2
26.2
60.3
0.3
0.0
10.6

15.7
72.5
0.3
6.6
30.0
10.1
25.5
25.5
117.5
0.7
0.0
16.6

14.7
71.4
0.3
7.1
36.9
5.0
22.2
22.2
150.3
0.6
0.0
26.0

32.4
64.7
0.3
7.2
34.6
1.6
21.0
21.0
84.7
0.7
0.0
21.3

32.5
1.1

40.0
1.1

41.5
1.1

44.3
1.1

40.9
1.1

2.6
2.6
4.2

2.5
2.5
5.7

3.4
3.4
54.2

4.2
4.2
74.1

6.4
6.4
14.2

269.7

356.4

468.9

652.8

644.4

2.0
2.0
92.8
-

183.3

1997
190.1
144.8
137.8
7.0
45.3
41.0
5.9
0.0
35.1
0.1
0.1
0.0
0.0
4.2
12.5
2.1
2.1
0.1
0.5
0.2
0.3
0.0
3.9
0.2
3.7
6.0

1998
216.9
172.4
164.2
8.2
44.5
38.7
10.7
0.0
28.0
0.2
0.2
0.0
0.0
5.5
19.6
1.1
1.1
0.1
0.7
0.2
0.5
0.0
3.1
0.4
2.7
14.6

1999
283.4
208.6
193.5
15.0
74.9
67.8
3.8
0.0
64.0
0.8
0.7
0.0
0.5
5.8
4.5
0.7
0.7
0.0
0.0
0.0
0.0
0.0
2.7
0.1
2.7
0.9

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

11.8
11.7
11.4
0.3
0.0
0.0
0.0

4.0
3.9
3.8
0.1
0.0
0.0
0.0

0.6
0.5
0.5
0.0
0.0
0.1

0.1
0.0
0.0
0.0
0.0
0.1

38.9
38.9
38.9

31.7
31.7
31.7

16.3
16.3
16.3

120.3
120.3
120.3

394.7
273.7
2.1
0.0

362.4
207.3
2.4
0.0

517.0
467.8
2.1
0.0

856.0
706.9
14.1
0.0

0.8

3.3

1.1

1.7

118.1
68.4
0.5
7.5
36.0
24.4
24.4
105.8
0.6
0.0
28.8

149.5
80.4
0.5
9.6
41.5
28.7
28.7
122.8
0.3
0.0
46.8

45.9
238.4
0.5
11.4
39.6
34.4
152.5
152.5
307.7
0.0
0.0
49.4

133.2
195.5
0.5
20.7
39.5
134.8
134.8
323.8
0.3
0.0
79.2

38.7
1.1

38.1
1.1

201.7
1.1

201.8
1.1

17.0
17.0
19.6

16.1
16.1
20.4

32.5
32.5
22.9

36.8
36.8
4.6

822.3

837.8

1,367.8

1,861.9

Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billio


Item1
RESERVE MONEY
Currency in Circulation
Head Office
Currency in Circulation(Branch Position)
Deposit Money Banks' Deposits:
Commercial Banks
Commercial Banks Demand deposits
Commercial Banks Special deposits
Commercial Banks Required Reserves
Merchant Banks1
Merchant Banks Demand deposits
Merchant Banks Special deposits
Merchant Banks Required Reserves
Other Deposits Of DMBs
Deposit Money Banks' deposits (branch position)
Private Sector Deposits
Non-Financial Public Enterprises (Parastatals):
Federal Government Parastatals
Private Sector Corporations Deposit
State and Local Government Deposits and Parastatals
State Government Parastatals
State Government Deposits
Local Government Deposits
Other Financial Institutions Deposits
Development Banks
Other Financial Institutions
Private Sector deposits (branch position)
SHORT-TERM FOREIGN LIABILITIES
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
LONG-TERM FOREIGN LIABILITIES
Long-Term Liabilities
Trade Debt Promissory Notes A/C
FEDERAL GOVERNMENT DEPOSITS
Budgetary Accounts
Deposits on Nigerian Converted Bonds
Deposits on Development Stocks

Deposits on Treasury Certificates


Other Federal Govt Deposit
Federation & Mirror Accounts
Government (Excess Crude)
Subnationals Government (Excess Crude)
Federal Govt Deposit (Branch Position)
CAPITAL ACCOUNTS
Capital
Reserves
Provisions
Undisbursed Profits
Revaluation Accounts
Foreign Assets Revaluation A/C
Fixed Assets Revaluation
UNCLASSIFIED LIABILITIES
Intra-Branch Accounts (Uncleared Effects)
Govt Lending Fund
Expense
Impersonal Accounts
Liabilities to IMF
IMF Account Adjustments
SDR Allocation (CBN Rec)
Other Unclassified Liabilities
Other Miscellanoues unclassified Liabilities
Unclassified Liabilties (Branch Position)
Restricted DMBs Deposits
Deposits of DMBs in Liquidation
Miscellenoues Excess Crude savings
Federal Government
Subnationals Government
TOTAL LIABILITIES
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006

(N' Billion)
2001
545.9
403.5
366.2
37.3
142.4
133.4
14.7
0.0
118.7
8.4
1.6
0.0
6.8
0.0
0.6
30.0
15.8
15.8
0.0
0.0
0.0
0.0
0.0
8.3
0.4
7.9
5.8
11.4
11.3
11.3
0.0
0.0
0.1

2002
591.4
463.2
449.9
13.2
128.3
107.2
9.2
0.0
98.0
11.8
2.3
0.0
9.5
0.1
9.1
55.4
51.6
51.6
0.1
0.0
0.0
3.1
0.0
3.0
0.7
5.6
5.6
5.6
###
###
###
###
###
0.0

2003
688.7
502.3
503.0
(0.8)
186.4
159.9
20.0
0.0
139.9
15.7
3.5
0.0
12.2
0.1
10.7
235.7
235.3
235.3
0.0
0.0
0.0
0.1
0.1
0.0
0.3

2004

2005

732.3
545.8
545.8
186.5
171.1
26.4
0.0
144.7
15.4
2.1
0.0
13.3
0.0
143.5
143.1
143.1
0.1
0.0
0.0
0.0
0.3
0.0
0.3
-

762.8
642.4
642.4
120.4
114.8
15.4
0.0
99.4
5.6
3.9
0.0
1.7
215.5
211.1
211.1
4.1
0.0
0.0
0.0
0.3
0.1
0.2
-

6.0
5.0
4.1
0.9
1.0
1.0
0.0

228.6
108.4
54.8
47.0
6.6
120.2
4.0
111.7
4.5
0.0

43.8
30.9
30.8
0.1
12.9
8.0
4.7
0.2
-

110.5
110.5
110.5

105.0
105.0
105.0

87.5
87.5
87.5

67.7
67.7
67.7

12.9
12.9
12.9

924.5
661.0
37.7
0.0

573.7
425.4
0.8
-

298.7
292.8
-

447.7
374.9
-

394.0
338.2
-

1.4
-

###
0.1
###
###
###

0.0
-

0.0
72.8
362.8
428.5

55.8
-

224.5
170.7
3.0
34.5
49.0
3.8
80.4
80.4
282.4
1.1
0.3
15.6
252.4
1.1
0.0
0.0
11.8
2,075.4

147.4
70.6
###
40.5
27.1
###
308.4
4.2
1.2
50.2
###
252.1
###
0.4
0.4
0.3
###
###
###
###
###
1,710.0

5.9
353.2
3.0
40.5
31.0
278.7
278.7
194.6
2.3
108.8
307.3
50.5
50.5
4.2
28.8
13.2
15.6
1,864.4

553.4
3.0
46.2
41.1
463.1
463.1
1,229.0
1.1
0.1
3.3
337.0
212.3
212.3
675.1
312.6
362.5
3,402.3

710.1
3.0
46.2
63.4
597.6
597.6
2,267.6
349.5
12.3
382.9
543.7
543.7
979.2
516.0
463.2
4,406.7

2006

2007

974.9
779.3
779.3
195.6
87.0
108.6
###
###
###
###
###
131.8
113.7
113.7
###
###
###
###
18.1
2.6
15.5
-

1,195.3
960.8
960.8
###
234.5
###
93.0
###
141.5
###
70.5
23.0
23.0
###
47.5
1.7
45.9
###

###
###
###
###
###
###
###
###
-

###
###
###

13.9
13.9
3,448.5
841.7
59.4
0.1

###
4,171.5
532.9
99.9
0.1

2008
1,549.1
1,155.3
1,155.3
393.8
244.0
149.7
314.0
46.3
46.3
267.7
1.8
265.9
70.6
70.6
5,169.1
211.3
27.1
0.1

2,547.3
569.7
672.8
320.0
5.0
45.5
95.2
174.2
174.2
5,145.4
499.8
1,292.1
3,008.2
326.7
1.1
17.4
17.4
###
###
###
10,034.5

2.4
3,536.2
###
-

2.0
4,928.5
1,224.1
1,445.7

###
261.6
###
50.7
101.8
###
104.1
33.2
70.9
2,990.2
579.1
322.6
52.2
54.1
334.6
1.7
29.0
1,616.8
1,616.8
###
22.8
1.4
###
8,689.0

602.5
5.0
60.9
110.9
425.7
362.5
63.1
2,498.7
1,190.2
5.2
92.4
153.2
328.5
1.1
29.0
699.1
699.1
15.2
34.9
10,204.0

Table A.1.3: Monetary Authority's Analytical Accounts - Liabilities (N' Billio


Item1
RESERVE MONEY
Currency in Circulation
Head Office
Currency in Circulation(Branch Position)
Deposit Money Banks' Deposits:
Commercial Banks
Commercial Banks Demand deposits
Commercial Banks Special deposits
Commercial Banks Required Reserves
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
CBN Bills
Private Sector Deposits
Non-Financial Public Enterprises (Parastatals):
Federal Government Parastatals
Private Sector Corporations Deposit
State and Local Government Deposits and Parastatals
State Government Parastatals
State Government Deposits
Local Government Deposits
Other Financial Institutions Deposits
Development Banks
Other Financial Institutions
Private Sector deposits (branch position)
SHORT-TERM FOREIGN LIABILITIES
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


LONG-TERM FOREIGN LIABILITIES
Long-Term Liabilities
Trade Debt Promissory Notes A/C
FEDERAL GOVERNMENT DEPOSITS
Budgetary Accounts
Deposits on Nigerian Converted Bonds
Deposits on Development Stocks
Deposits on Treasury Certificates
Other Federal Govt Deposit
Federation & Mirror Accounts
Of which
Government (Excess Crude)
Subnationals Government (Excess Crude)
Sovereign Wealth Fund (SWF)
CAPITAL ACCOUNTS
Capital
Reserves
Provisions
Undisbursed Profits
Revaluation Accounts
Foreign Assets Revaluation A/C
Fixed Assets Revaluation
UNCLASSIFIED LIABILITIES
Intra-Branch Accounts (Uncleared Effects)
Govt Lending Fund
Expense
Impersonal Accounts
Liabilities to IMF
IMF Account Adjustments
SDR Allocation (CBN Rec)
Other Unclassified Liabilities
Other Miscellanoues unclassified Liabilities
Unclassified Liabilties (Branch Position)
Restricted DMBs Deposits
Deposits of DMBs in Liquidation
Miscellenoues Excess Crude savings
Federal Government
Subnationals Government
TOTAL LIABILITIES
Source : Central Bank of Nigeria
Note: 1These items were reclassified from the last quarter of 2006
2
Revised
3
Provisional

ties (N' Billion)


2009

2010

2011

2012

2013

1,653.9
1,181.5
1,181.5
472.3
388.2
84.1
-

1,845.7
1,378.1
1,378.1
467.6
375.0
92.6
-

2,784.1
1,566.0
1,566.0
1,218.0
446.3
771.7
-

3,704.5
1,631.7
1,631.7
2,072.8
559.4
1,339.5
171.4
2.2
0.3
-

5,090.2
1,776.4
1,776.4
3,313.8
1,112.4
2,176.1
9.4
0.7
12.1
3.2
-

50.8
50.8

104.8
104.8

1,537.3
1,537.3

2,635.9
2,635.9

3,849.8
3,849.8

703.4
198.3
198.3
505.1
18.3
486.8
-

658.7
108.2
108.2
550.5
55.9
494.6
-

605.6
117.8
117.8
487.8
14.2
473.6
-

1,046.8
60.3
60.3
0.0
3.8
3.3
0.5
982.7
9.5
973.2
-

417.1
24.0
24.0
0.1
5.2
3.0
2.2
387.8
89.2
298.6
-

0.3
-

39.0
-

6.0
-

1.5
-

0.0
-

0.3

39.0

25.2
25.2
-

0.0
0.0
-

4,133.1
972.4
32.1
0.1
1.8
3,126.7
528.5
624.2
-

3,548.8
786.4
14.9
0.2
2.8
2,744.4
186.3
220.1
-

642.9
5.0
71.9
122.9
443.1
380.0
63.1
1,848.3
10.6
45.6
120.9
608.4
379.5
1.2
358.3
323.7
323.7
13.8
47.8
-

1,092.6
5.0
129.8
886.7
71.1
14.0
57.1
1,478.1
531.6
41.4
1.1
85.0
399.7
0.2
384.9
34.3
34.3
13.0
8.9
-

9,057.8

8,767.7

6.0

1.5

0.0

0.3
0.3
-

4.8
4.8
-

4,195.0
928.9
28.6
0.1
1.3
3,236.1
262.8
310.3
157.0

4,307.7
545.5
190.1
0.1
0.1
633.1
2,938.9
711.3
840.1
156.2

2,967.2
256.9
307.2
0.0
7.8
564.5
1,830.7
199.0
235.1
0.0

1,030.3
5.0
95.6
774.0
155.7
94.1
61.6
6,592.4
3,910.1
145.4
1,676.6
433.1
0.1
401.8
25.2
25.2
19.4
0.3
-

954.0
5.0
114.7
751.5
82.9
21.3
61.6
8,029.8
5,185.0
817.6
928.1
421.9
0.1
399.8
277.3
277.3
28.7
0.4
-

537.9
5.0
115.8
337.9
79.2
38.5
40.8
2,195.6
23.3
1,209.3
31.9
412.0
0.1
400.4
118.6
118.6
103.8
0.4
-

16,750.7

20,680.5

15,062.6

March

2014 2
June
September

201
December

March

4,665.8
1,574.0
1,574.0
3,091.8
368.2
2,702.6
2.6
1.2
12.8
4.5
-

4,786.4
1,496.7
1,496.7
3,289.6
348.9
2,928.4
3.4
1.1
2.5
5.3
-

4,943.0
1,547.9
1,547.9
3,395.1
624.7
2,759.0
2.3
1.0
2.4
5.6
-

5,930.9
1,798.0
1,798.0
4,133.0
547.1
3,572.6
0.8
1.5
3.9
6.7
0.3
0.0

5,907.2
1,818.4
1,818.4
4,088.8
201.3
3,870.6
1.4
1.8
5.7
7.6
0.3
0.1

3,238.7
3,238.7

3,422.3
3,422.3

3,832.7
3,832.7

2,809.4
2,809.4

3,116.6
3,116.6

627.9
32.7
32.7
0.1
5.3
3.0
2.3
589.8
106.0
483.8
-

532.4
60.3
60.3
0.1
5.3
3.1
2.2
466.7
105.0
361.7
-

546.1
39.8
39.8
0.0
5.5
3.3
2.2
500.8
78.4
422.4
-

217.0
64.2
64.2
0.0
3.9
2.2
1.6
149.0
75.3
73.6
-

135.7
15.0
15.0
0.1
3.6
2.0
1.6
117.0
90.3
26.8
-

1,034.4
-

380.4
-

0.1
-

0.0
-

92.8
-

1,034.4
-

380.4
-

0.1

0.0

92.8

2,870.3
280.4
42.7
0.0
60.7
589.9
1,896.6
184.6
218.0
0.0

3,455.7
428.6
61.6
0.0
7.8
626.2
2,331.4
257.3
303.9
0.0

3,173.5
230.6
201.7
0.0
5.7
562.5
2,172.9
304.7
359.8
0.0

3,064.1
304.2
489.3
0.0
6.5
242.5
2,021.4
240.3
283.8
0.0

2,826.8
251.2
634.8
0.0
4.3
218.2
1,718.3
186.5
220.2
0.1

731.8
5.0
324.3
340.4
62.1
21.3
40.8
2,877.4
1,725.2
235.2
83.0
412.0
0.1
400.4
21.6
21.6
8.5
3.3
-

734.3
5.0
324.3
342.8
62.1
21.4
40.8
1,194.4
72.2
204.0
74.2
421.7
0.1
400.4
21.7
21.7
7.9
2.2
-

715.3
5.0
324.3
345.2
40.8
0.0
40.8
1,281.0
74.1
222.9
112.9
421.7
0.1
400.4
48.9
48.9
7.9
1.1
-

966.3
5.0
324.0
316.2
321.2
280.4
40.8
1,595.6
2.1
617.1
70.2
421.7
0.1
406.5
77.9
77.9
7.7
1.0
-

1,383.2
5.0
379.9
318.8
679.5
638.7
40.8
1,151.4
1.7
200.7
74.8
421.7
0.1
406.5
46.0
46.0
7.9
1.3
-

16,046.4

14,505.8

14,491.8

14,583.4

14,613.7

June

2015 3
September

December

5,945.8
1,562.3
1,562.3
4,383.4
303.1
4,060.1
1.8
1.2
4.8
11.9
0.4
0.1

5,788.3
1,637.5
1,637.5
4,150.8
211.7
3,919.8
0.7
1.2
5.0
11.9
0.4
0.2

5,812.7
1,857.9
1,857.9
###
3,954.8
###
1,115.6
###
2,818.4
###
1.8
###
1.9
###
9.1
###
7.2
###
0.6
###
0.2

3,549.0
3,549.0

3,267.0
3,267.0

2,313.0
2,313.0

228.1
17.3
17.3
0.1
3.4
1.8
1.6
207.4
101.0
106.4
-

544.3
143.7
143.7
0.1
16.4
15.2
1.2
384.2
124.6
259.6
-

1,229.7
872.2
872.2
0.0
33.3
###
32.2
1.1
324.2
148.6
175.6
###

1,850.7
-

333.7
-

79.4
###
###
###
###
###
###
###
###
###

1,850.7
-

333.7
-

79.4
###
###
###

2,296.9
219.3
201.0
0.0
4.4
248.0
1,624.2
186.8
220.6
0.1

2,623.7
267.9
290.3
0.0
4.6
621.8
1,439.1
202.9
239.7
0.1

4,167.0
322.7
589.2
0.0
5.7
1,664.2
1,585.2
###
203.1
239.8
0.1

1,413.5
5.0
379.2
321.4
707.9
667.1
40.8
2,024.5
584.9
371.1
131.3
484.5
0.1
406.5
46.3
46.3
7.9
2.7
-

1,395.3
5.0
380.0
323.7
686.6
645.9
40.8
1,561.2
101.5
441.2
75.8
484.5
0.1
406.5
51.7
51.7
7.7
5.2
-

1,200.3
###
212.7
325.9
###
656.8
616.0
###
1,690.0
2.1
###
611.2
116.1
###
###
###
69.6
69.6
###
10.5
13.9
###

17,308.5

15,513.5

###
###
16,492.3

Return to Menu
Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)
Period
1981
Q1
Q2
Q3
Q4
1982
Q1
Q2
Q3
Q4
1983
Q1
Q2
Q3
Q4
1984
Q1
Q2
Q3
Q4
1985
Q1
Q2
Q3
Q4
1986
Q1
Q2
Q3

NFA

NCG

CPS

CCP

CSLG

M1

RM

5.8
5.8
4.4
2.6

1.9
1.8
3.8
6.5

7.9
8.4
9.2
9.7

3.0
2.9
2.1
5.0

7.2
7.4
6.9
9.9

1.1
0.7
0.7
0.9

6.2
6.8
6.2
10.7

10.4
10.9
11.2
11.6

4.7
4.9
5.2
5.8

9.1
9.2
9.4
10.3

0.7
0.5
0.6
0.5

8.6
11.3
13.6
16.5

11.6
11.7
11.7
12.2

5.8
5.3
5.4
6.1

9.6
10.2
11.4
11.5

0.6
0.9
0.8
1.1

16.0
16.5
16.5
19.1

12.4
12.5
12.4
12.9

6.3
4.8
5.9
5.9

11.4
11.1
11.8
12.5

1.1
1.0
0.6
1.4

16.6
17.6
20.6
20.3

13.0
13.1
13.4
14.1

5.7
5.6
5.7
5.7

11.9
12.4
13.6
13.9

1.2
1.1
2.0

17.0
17.8
17.5

14.7
15.3
16.9

5.9
5.8
6.0

13.6
12.8
14.7

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
Q4
1987
Q1
Q2
Q3
Q4
1988
Q1
Q2
Q3
Q4
1989
Q1
Q2
Q3
Q4
1990
Q1
Q2
Q3
Q4
1991
Q1
Q2
Q3
Q4

NFA

NCG

CPS

CCP

CSLG

M1

RM

5.4

19.6

18.3

6.7

13.6

4.7
1.3
3.3
3.7

20.1
19.0
18.9
22.2

18.8
19.5
20.4
21.9

6.1
6.0
6.7
8.5

12.5
12.2
12.7
15.2

2.7
4.6
4.5
9.5

22.4
19.8
20.1
29.3

23.0
23.4
25.4
25.5

8.1
8.6
9.1
11.7

16.5
17.5
17.9
22.2

15.0
15.1
18.9
22.5

28.2
20.4
11.4
7.4

27.8
28.6
29.0
29.6

12.2
12.7
12.4
11.8

23.8
24.5
23.7
26.3

29.4
32.5
35.4
43.9

13.2
2.2
3.0
22.8

31.7
31.8
35.9
35.4

13.0
14.2
14.7
18.3

27.3
25.6
31.2
39.2

52.5
53.6
49.9
56.0

10.5
21.0
6.3
39.6

34.2
37.7
38.8
42.1

19.5
18.7
24.9
29.9

40.7
46.5
45.9
50.1

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
1992
Q1
Q2
Q3
Q4
1993
Q1
Q2
Q3
Q4
1994
Q1
Q2
Q3
Q4
1995
Q1
Q2
Q3
Q4
1996
Q1
Q2
Q3
Q4
1997
Q1
Q2
Q3
Q4

NFA

NCG

CPS

CCP

CSLG

M1

RM

84.0
85.3
81.3
35.8

45.4
22.3
31.4
91.1

80.0

43.8
55.0
48.7
76.1

1.5

27.5
30.7
35.9
77.3

59.9
70.6
73.5
76.0

46.4
64.1
61.7
63.6

84.0
71.2
87.3
185.2

99.5
134.3
155.0
95.5

94.7
129.2
149.8
91.2

1.7
1.9
1.8
1.5

95.2
103.5
109.8
115.5

82.4
91.4
100.9
118.8

55.0
52.3
35.0
56.2

196.5
200.4
202.0
288.1

137.5
143.8
145.0
151.0

132.6
138.4
139.2
145.1

1.6
1.9
2.0
2.2

154.7
137.1
139.4
151.7

118.6
131.6
142.8
169.4

105.3
121.3
111.0
108.7

183.8
175.1
167.3
263.0

147.1
180.3
193.5
211.4

141.1
173.1
187.5
204.9

2.3
2.5
2.4
2.9

146.9
167.3
187.0
182.8

158.2
177.1
181.0
201.4

119.1
122.2
131.9
238.0

180.3
216.4
179.4
110.5

218.0
234.8
252.0
260.6

212.3
228.9
247.2
255.6

2.1
4.6
3.2
3.5

178.1
185.9
180.3
194.0

203.3
213.3
209.3
227.5

204.9
226.0
237.4
234.0

67.5
75.6
38.8
46.4

284.9
321.4
339.5
319.5

279.8
314.6
334.6
316.6

3.6
5.0
3.0
1.5

178.2
171.5
176.7
202.7

242.4
243.1
244.3
268.6

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
1998
Q1
Q2
Q3
Q4
1999
Q1
Q2
Q3
Q4
2000
Q1
Q2
Q3
Q4
2001
Q1
Q2
Q3
Q4
2002
Q1
Q2
Q3
Q4

NFA

NCG

CPS

CCP

CSLG

RM

M1

254.5
275.3
285.1
247.0

34.8
47.2
34.2
139.9

327.9
353.9
357.8
372.6

325.1
351.2
355.5
370.7

1.1
1.2
0.9
0.9

195.1
207.3
224.2
236.5

273.0
277.3
302.4
318.6

634.9
608.4
624.0
666.3

(33.2)
142.8
91.3
176.8

401.4
427.4
441.0
455.2

395.4
425.2
437.4
452.4

4.3
1.4
2.8
2.1

286.3
252.7
235.3
287.9

367.6
364.9
353.9
393.1

774.8
888.7
920.4
1,275.0

20.3
(26.4)
48.2
(124.0)

478.2
522.3
564.2
596.0

470.1
511.6
552.1
587.5

3.4
6.2
8.6
7.6

300.4
305.2
366.3
426.6

474.4
505.1
542.3
637.7

1,263.2
1,398.4
1,440.5
1,347.6

25.8
(69.9)
(27.4)
(6.0)

713.6
758.6
832.6
855.0

690.4
729.4
810.5
827.1

22.5
28.5
19.5
26.8

479.4
490.2
521.5
545.9

759.0
751.1
773.7
816.7

1,326.2
1,248.9
1,191.6
1,282.2

112.0
126.6
211.6
373.6

892.9
939.4
968.6
955.8

871.7
925.3
944.6
938.3

16.5
12.2
21.9
17.3

644.2
596.2
628.8
591.6

835.9
872.1
933.6
946.3

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
2003
Q1
Q2
Q3
Q4
2004
Q1
Q2
Q3
Q4
2005
Q1
Q2
Q3
Q4
2006
Q1
Q2
Q3
Q4
2007
Q1
Q2
Q3
Q4
2008
Q1
Q2
Q3
Q4

NFA

NCG

CPS

CCP

CSLG

RM

M1

1,346.5
1,325.9
1,173.9
1,388.2

430.7
605.0
625.7
591.9

1,024.3
1,066.0
1,065.1
1,212.0

1,010.6
1,047.6
1,045.8
1,191.5

13.5
17.0
15.4
20.2

610.8
653.9
642.2
688.7

1,121.5
1,319.7
1,264.0
1,225.6

1,570.6
1,829.7
2,010.6
2,644.7

500.0
453.8
453.0
485.7

1,321.1
1,393.8
1,489.3
1,534.4

1,303.4
1,372.9
1,464.2
1,507.9

17.4
20.6
23.8
24.6

635.0
654.5
650.5
732.3

1,201.5
1,214.8
1,262.9
1,330.7

3,140.5
3,397.9
4,003.9
4,098.5

593.2
341.7
603.1
306.0

1,666.8
1,840.8
1,986.2
2,007.4

1,642.9
1,816.7
1,937.5
1,950.4

21.4
20.5
45.5
54.5

736.7
747.9
808.6
762.8

1,469.6
1,454.2
1,557.0
1,725.4

5,109.0
5,568.8
5,718.7
6,307.9

471.9
360.8
(235.1)
(1,936.6)

2,127.0
2,303.7
2,571.7
2,650.8

2,040.8
2,257.5
2,494.5
2,556.9

80.8
42.2
70.7
80.7

728.9
797.6
816.0
974.9

1,837.5
2,216.9
2,329.0
2,280.6

6,997.9
7,633.4
6,977.3
7,266.5

(2,508.6)
(2,615.0)
(2,462.9)
(2,368.5)

3,048.9
3,503.7
4,203.2
5,056.7

2,982.2
3,463.4
4,144.2
4,969.0

53.5
40.3
59.0
87.8

841.3
858.3
967.3
1,195.3

2,602.4
2,639.1
3,038.6
3,116.3

7,991.6
8,316.2
8,523.5
8,550.4

(2,502.0)
(2,716.4)
(3,230.0)
(3,107.7)

5,964.3
6,754.7
7,474.7
8,059.5

5,862.3
6,655.3
7,378.5
7,909.8

102.0
99.4
96.1
149.8

1,200.0
1,517.8
1,247.2
1,549.1

4,546.1
4,328.5
4,521.8
4,857.3

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
2009
Q1
Q2
Q3
Q4
2010
Q1
Q2
Q3
Q4
2011
Q1
Q2
Q3
Q4
2012
Q1
Q2
Q3
Q4
2013
Q1
Q2
Q3
Q4
2014 1
Q1
Q2
Q3
Q4
2015 2

NFA

NCG

CPS

CCP

CSLG

RM

M1

8,105.3
7,643.6
6,886.9
7,593.3

(3,605.9)
(3,150.0)
(2,957.1)
(2,356.7)

8,226.4
8,556.9
9,811.4
10,219.3

8,015.6
8,305.3
9,516.4
9,895.8

210.9
251.7
295.0
310.3

1,384.0
1,291.5
1,262.0
1,653.9

4,666.7
4,484.6
4,333.5
5,017.1

7,249.6
6,484.8
6,454.0
6,506.6

(1,782.2)
(1,585.9)
(1,324.0)
(1,331.7)

10,050.7
10,102.8
10,336.1
9,830.3

9,715.6
9,783.7
9,994.9
9,460.5

321.8
319.2
341.2
369.8

1,810.9
1,535.1
1,344.3
1,845.7

4,966.5
4,918.0
5,255.9
5,571.3

6,988.1
6,453.7
6,669.8
7,138.7

(1,450.5)
(1,262.2)
(1,215.9)
(1,030.7)

9,446.9
9,957.9
11,110.7
14,183.6

9,070.2
9,537.7
10,710.6
13,670.4

376.8
420.2
400.2
513.2

1,705.9
2,065.1
1,908.2
2,784.1

5,424.5
5,637.3
6,002.3
6,771.6

7,306.7
7,522.3
8,301.5
9,043.7

(855.0)
(1,681.6)
(1,867.4)
(2,453.6)

14,119.9
14,701.1
14,754.0
15,151.8

13,581.8
14,114.8
14,155.0
14,485.9

538.1
586.3
599.0
665.9

2,527.6
2,512.0
3,117.8
3,704.5

6,522.9
6,599.4
6,392.5
7,420.9

9,685.9
9,164.4
8,923.5
8,658.6

(2,521.0)
(2,542.7)
(3,191.4)
(1,656.3)

15,261.9
15,692.0
16,279.3
16,191.5

14,599.9
15,031.0
15,574.3
15,388.8

662.0
661.0
704.9
779.1

3,911.5
3,236.2
4,650.0
5,090.2

6,938.5
6,939.5
6,293.5
7,032.8

6,609.1
7,673.1
7,578.8
6,954.2

1,649.4
(236.1)
276.7
1,150.1

16,451.3
16,925.6
17,691.7
18,123.6

15,849.8
16,415.1
17,183.6
17,561.7

577.9
486.9
484.5
536.4

4,665.8
4,786.4
4,943.0
5,930.9

7,617.9
7,096.4
7,352.6
6,904.8

Table A.1.3.1: Quarterly Monetary Aggregates (N' Billion)


Period
Q1
Q2
Q3
Q4

NFA
6,787.8
5,951.5
5,083.1
5,653.3

NCG
1,986.8
2,512.5
2,787.6
2,893.2

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

CCP
18,080.2
18,374.8
18,142.3
18,109.9

CSLG
543.2
471.4
397.0
583.8

RM
5,907.2
5,945.8
5,788.3
5,812.7

M1
6,983.9
6,542.4
7,148.6
8,571.7

M1 = Narrow Money, M2 = Broad Money Supply, PSDD = Private Sector Demand Deposits, Reserves = DMBs' Deposits with CBN, CIC = Currency in Circulation
1
2

Revised

Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop gap.

M2

PSDD

Reserves

CIC

12.9
13.2
13.1
16.2

5.3
5.5
5.9
6.1

0.7
0.6
0.7
0.7

2.3
2.3
1.4
4.3

16.0
16.5
17.0
18.1

5.3
5.4
5.6
6.1

0.5
0.7
1.0
1.1

4.2
4.2
4.3
4.7

17.3
18.5
20.2
20.9

5.4
6.0
6.8
6.7

1.3
0.7
0.5
0.8

4.6
4.6
4.9
5.3

21.1
21.4
22.2
23.4

6.5
7.5
7.2
7.6

1.0
0.8
0.9
0.6

5.2
4.0
5.1
5.3

23.0
23.9
25.6
26.3

7.4
8.0
9.1
9.0

0.9
0.9
0.8
0.3

4.9
4.8
4.9
5.4

26.6
26.1
29.5

8.7
8.1
9.8

0.6
0.6
0.6

5.3
5.2
5.3

M2

PSDD

Reserves

CIC

27.4

8.4

1.0

5.7

26.6
27.5
29.1
33.7

7.6
7.4
7.5
8.9

0.8
0.7
1.0
1.6

5.3
5.3
5.6
6.9

36.7
39.2
40.2
45.4

9.9
10.6
10.3
12.8

1.1
1.1
0.9
1.5

7.0
7.5
8.2
10.2

49.4
48.1
44.2
47.1

13.8
14.1
12.8
16.5

1.3
1.5
0.7
1.1

10.8
11.2
11.6
10.7

50.2
49.0
56.9
68.7

17.0
14.2
19.4
24.2

1.2
1.7
1.6
2.1

11.8
12.6
13.0
16.2

71.0
80.1
81.2
87.5

25.1
29.8
27.9
27.0

2.8
0.9
5.5
4.5

16.7
17.8
19.4
25.3

M2

PSDD

Reserves

CIC

102.7
114.9
121.6
129.1

36.7
44.9
44.0
39.2

2.6
3.0
4.2
31.6

24.9
27.7
31.8
39.7

146.6
159.5
176.1
198.5

43.3
46.8
49.2
60.9

45.1
46.4
46.6
42.0

42.9
47.9
55.4
62.6

208.2
228.3
242.8
266.9

63.9
75.8
74.6
78.8

81.7
58.8
54.8
42.1

57.9
59.8
72.2
96.2

254.5
290.7
301.9
318.8

71.8
89.6
91.5
94.6

49.8
59.4
81.3
53.8

91.1
93.6
95.3
113.9

328.7
354.0
351.9
370.3

102.2
111.7
105.8
111.3

59.1
62.5
55.7
52.5

106.9
108.3
110.8
126.0

409.9
410.6
425.5
429.7

130.1
133.9
131.2
138.0

41.1
40.3
41.1
45.3

119.3
118.7
122.9
144.8

M2

PSDD

Reserves

CIC

468.0
477.3
527.0
525.6

147.7
152.5
173.3
161.9

42.6
46.6
51.3
44.5

137.7
141.7
143.9
172.4

609.0
634.9
655.6
699.7

217.3
218.0
204.1
206.6

64.2
73.2
65.3
74.9

170.9
169.9
165.9
208.6

795.5
904.2
962.7
1,036.1

298.6
325.4
337.5
363.7

88.6
96.1
120.4
97.4

197.8
204.0
234.2
310.5

1,274.0
1,263.2
1,327.6
1,315.9

477.2
461.4
488.5
478.0

136.7
133.6
150.6
142.4

320.3
340.9
344.2
403.5

1,423.3
1,502.1
1,605.4
1,599.5

519.8
582.0
626.8
559.3

273.0
241.9
256.8
128.4

371.1
354.4
372.0
463.2

M2

PSDD

Reserves

CIC

1,918.9
2,124.3
1,981.1
1,985.2

753.2
937.2
901.6
813.4

175.7
208.7
207.6
186.4

435.1
445.2
434.6
502.3

2,106.2
2,113.3
2,156.8
2,263.6

817.2
841.8
877.3
872.1

168.5
198.2
192.5
186.5

466.5
456.3
458.0
545.8

2,568.1
2,691.3
2,773.0
2,814.8

1,040.5
1,038.3
1,112.4
1,162.2

223.8
253.0
295.2
120.4

512.8
494.9
513.4
642.4

3,307.7
3,911.8
4,320.7
4,027.9

1,357.5
1,702.3
1,804.6
1,629.7

165.2
194.8
200.8
195.6

563.7
602.8
615.1
779.3

4,798.3
5,116.2
5,672.6
5,809.8

2,009.1
2,113.3
2,495.2
2,378.4

113.8
143.3
245.0
234.5

727.4
715.0
722.3
960.8

7,998.2
7,948.4
8,960.3
9,166.8

3,883.3
3,655.5
3,765.0
3,964.6

308.2
599.5
270.8
393.8

891.8
918.3
976.4
1,155.3

M2

PSDD

Reserves

CIC

8,997.8
9,077.0
9,458.5
10,780.6

3,862.6
3,738.2
3,554.8
4,089.9

346.3
284.9
230.1
472.3

1,037.8
1,006.6
1,031.9
1,181.5

11,023.3
10,845.5
11,224.8
11,525.5

4,132.9
4,122.6
4,375.0
4,489.0

724.4
471.5
218.9
467.6

1,086.5
1,063.6
1,125.4
1,378.1

11,653.6
12,172.1
12,618.1
13,303.5

4,311.8
4,620.8
4,990.5
5,526.4

289.5
711.1
565.9
1,218.0

1,416.4
1,354.0
1,342.4
1,566.0

13,271.0
13,483.1
14,065.3
15,483.8

5,381.6
5,511.1
5,322.3
6,119.8

1,094.8
1,148.2
1,769.0
2,072.8

1,432.8
1,363.7
1,348.8
1,631.7

15,669.2
15,593.2
14,362.5
15,689.0

5,695.9
5,811.7
5,125.3
5,586.2

2,403.0
1,810.6
3,175.9
3,313.8

1,508.5
1,425.5
1,474.0
1,776.4

17,732.9
17,576.6
18,200.2
18,913.0

6,332.1
5,884.9
6,053.1
5,467.4

3,091.8
3,289.6
3,395.1
4,133.0

1,574.0
1,496.7
1,547.9
1,798.0

M2
19,132.4
18,811.4
18,718.0
20,029.8

Currency in Circulation

PSDD
5,512.8
5,358.4
5,929.6
7,115.6

Reserves
4,088.8
4,383.4
4,150.8
3,954.8

CIC
1,818.4
1,562.3
1,637.5
1,857.9

Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

1985

1986

1987

1988

1989

1990

Actual

12.44

4.23

22.92

34.99

3.54

45.92

Target
M1

Actual

11.05

-2.29

12.06

46.31

18.16

49.06

Target

6.50

7.80

11.80

15.00

14.60

13.00

Actual

7.63

9.83

16.62

24.18

-32.49

57.30

Target

7.20

8.70

4.40

8.10

9.50

13.50

Actual

6.27

-3.80

13.79

31.88

-74.91

209.40

Target

7.10

5.90

1.50

2.50

8.30

10.90

Actual

9.64

29.43

19.63

16.35

16.38

19.54

Target

7.40

12.80

8.40

13.30

10.70

15.80

Actual

8.52

1.90

0.17

6.23

6.66

11.63

Target

1.00

**

**

**

**

**

Actual

1.0

13.7

9.7

61.2

44.7

3.6

Target

30.00

***

***

***

***

***

NDC

NCG

CPS

Real GDP1

Inflation

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

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
3

Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

1991

1992

1993

1994

1995

1996

Actual

27.43

47.53

53.76

34.50

19.41

16.18

Target
M1

19.80

26.80

18.00

14.80

10.10

16.80

Actual

27.88

51.72

56.32

42.64

18.90

12.93

Target

14.60

24.30

20.00

21.40

9.40

14.50

Actual

40.36

109.38

64.08

56.44

8.03

-21.77

Target

10.60

13.20

17.50

9.40

11.30

12.00

Actual

74.01

129.93

103.23

55.60

-8.72

-58.00

Target

0.00

7.70

14.50

0.00

5.60

0.00

Actual

18.74

90.02

19.47

58.07

39.97

23.30

Target

16.40

17.70

20.00

32.20

21.90

29.50

Actual

-0.55

2.19

1.57

0.26

1.87

4.05

Target

8.30

4.50

3.50

**

4.00

5.00

Actual

23.0

48.8

61.3

76.8

51.6

14.3

Target

13.00

5.00

25.00

***

15.00

30.00

NDC

NCG

CPS

Real GDP1

Inflation

Source: Central Bank of Nigeria & National Bureau of Statistics

1
sic prices. Notes:
The rebased
Real GDP
new growth
GDP classification
rates are re-computed
comprises 46
based
activity
on the
sectors.
2010 constant basic prices. The rebased new GDP classification comprises 46 activity sectors.
2

Revised

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
3

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Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

1997

1998

1999

Actual

16.04

22.32

33.12

Target
M1

15.00

15.60

10.00

Actual

18.09

18.60

23.39

Target

13.50

10.20

4.10

Actual

-1.40

40.07

23.32

Target

24.80

24.50

18.30

Actual

-58.03

201.81

26.36

Target

0.00

0.00

10.20

Actual

22.60

16.61

22.18

Target

45.40

33.90

19.90

Actual

2.89

2.50

0.52

Target

5.50

4.00

3.00

Actual

10.2

11.9

0.2

Target

15.00

9.00

9.0

NDC

NCG

CPS

Real GDP1

Inflation

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

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
3

Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

2000

2001

2002

2003

2004

2005

Actual

48.07

27.00

21.55

24.11

14.02

24.35

Target
M1

14.60

12.20

15.30

15.00

16.00

15.00

Actual

62.24

28.06

15.86

29.52

8.58

29.66

Target

9.80

4.30

12.40

13.80

13.40

11.40

Actual

-25.32

79.87

56.59

35.70

11.99

14.51

Target

27.80

15.80

57.90

25.70

22.50

22.50

Actual

-170.13

95.16

6,320.55

58.43

-17.94

-36.99

Target

37.80

2.60

96.60

-150.30

29.90

-10.90

Actual

30.93

43.46

11.79

26.81

26.61

30.82

Target

21.90

22.80

34.90

32.30

22.00

22.00

Actual

5.52

6.67

14.60

9.50

10.44

7.01

Target

3.00

5.00

5.00

5.00

5.00

5.00

Actual

14.5

16.5

12.2

23.8

10.0

11.6

Target

9.0

7.0

9.3

9.0

10.0

10.0

NDC

NCG

CPS

Real GDP1

Inflation

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

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
3

Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

2006

2007

2008

2009

2010

2011 2

Actual

43.09

44.24

57.78

17.60

6.91

15.43

Target
M1

27.00

24.10

35.00

20.80

29.25

13.75

Actual

32.18

36.64

55.87

3.29

11.05

21.54

Target

32.20

22.40

Actual

-69.12

279.44

84.20

59.88

8.09

54.76

Target

-72.30

-29.90

19.80

87.00

55.50

27.69

Actual

-732.74

-22.30

-31.21

25.92

43.49

22.60

Target

-54.57

21.90

51.36

29.29

Actual

32.06

91.62

59.49

26.80

-3.81

44.28

Target

30.00

30.00

36.10

45.00

31.54

23.34

Actual

6.73

7.32

7.20

8.35

9.54

5.31

Target

7.00

10.00

10.00

8.90

6.10

7.40

Actual

8.5

6.6

15.1

13.9

11.8

10.3

Target

9.0

9.0

9.0

8.2

11.2

12.0

NDC

NCG

CPS

Real GDP1

Inflation

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

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
3

Return to Menu
Table A.1.3.2: Monetary Policy Targets and Outcomes (Growth Rates)
Variables
M2

2012

2013

2014

2015

Actual

16.39

1.32

7.20

5.90

Target
M1

24.64

15.20

14.52

15.24

Actual

9.59

-5.23

-11.10

24.14

Target

Actual

-3.46

14.47

13.73

12.13

Target

52.17

23.58

28.50

29.30

Actual

-138.04

32.50

1.89

151.56

Target

61.47

44.22

58.54

36.05

Actual

6.83

6.86

12.13

3.29

Target

47.50

17.52

15.85

26.06

Actual

4.21

5.49

6.22

2.79

Target

7.30

6.44

7.02

7.24

Actual

12.0

7.96

7.98

9.55

Target

9.5

9.87

7.50

8.00

NDC

NCG

CPS

Real GDP1

Inflation

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

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
3

Return to Menu
Table A.1.4: Consolidated Bankers' Clearing House Statistics

Period
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005 1
2006
2007
2008
2009
2010
2011
2012
2013
2014
Q1
Q2
Q3
Q4

Number of
Working
Days

Number of
Cheques
Cleared

Amount
(N' Billion)

Daily

244
245
247
248
247
248
246
244
247
245
245
247
225
248
247
250
250
249
250
249
251
252
248
256

2,561,607
2,403,235
2,164,534
2,614,286
2,803,920
3,535,360
4,951,035
4,900,697
4,682,186
5,066,202
5,652,178
7,358,580
5,151,561
4,910,565
4,826,155
4,050,401
3,665,107
7,754,672
8,620,745
10,297,889
10,193,442
5,339,419
12,526,643
13,997,898

19.4
20.3
18.7
16.3
13.8
25.0
26.7
56.2
54.8
57.8
124.9
170.2
205.4
310.2
466.6
406.3
391.9
1,198.6
1,413.1
2,095.5
2,256.4
2,325.7
8,928.4
10,996.0

10,520
9,817
8,757
10,552
11,339
14,254
20,110
20,126
18,963
20,689
23,097
29,742
22,882
19,840
19,520
16,226
14,660
31,112
34,516
41,377
40,631
21,188
50,511
54,679

248
247
246
251
251
251
249
248
248
248
62
61
64
61

14,638,511
14,927,414
19,895,613
30,172,925
29,159,780
33,973,919
37,718,585
12,045,833
14,145,839
15,365,565
3,513,788
3,630,552
4,390,807
3,830,418

13,915.4
16,492.1
28,111.2
43,357.4
29,391.0
19,675.5
22,302.6
7,461.6
7,674.9
7,269.1
1,894.1
1,816.6
1,802.3
1,756.2

59,026
60,435
80,876
120,211
116,174
135,354
151,480
48,572
57,040
61,958
56,674
59,517
68,606
62,794

No. of
Cheques

Average

2015
Q1
Q2
Q3
Q4

247
62
61
62
62

13,466,461
3,252,015
3,155,492
3,657,313
3,401,641

Source: Central Bank of Nigeria


Notes:
Clearing House activities commenced in 1965

6,195.5
1,654.3
1,540.4
1,499.0
1,501.8

54,520
52,452
51,729
58,989
54,865

use Statistics
Daily

Average
Amount
(N' Billion)
0.08
0.08
0.08
0.07
0.06
0.10
0.11
0.23
0.22
0.24
0.51
0.69
0.91
1.25
1.89
1.63
1.57
4.81
5.66
8.42
8.99
9.23
36.00
42.95
56.11
66.77
114.27
172.74
117.10
78.39
89.57
30.09
30.95
29.31
30.55
29.78
28.16
28.79

25.08
26.68
25.25
24.18
24.22

Return to Menu
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)
ASSETS
RESERVES
Currency
Deposits with CBN:
Reserve Requirements
Current Accounts
Stabilization Securities

1981
1.4
0.5
0.9
0.9
-

1982
2.0
0.5
1.5
###
1.5
###

1983
1.3
0.5
0.8
0.8
-

1984
1.0
0.5
0.6
###
0.6
###

1985
0.8
0.5
0.3
0.3
-

###

###

FOREIGN ASSETS
Claims on Non-resident Banks:
Balances held with banks outside Nigeria
Balances held with offices and branches outside Nigeria
Loans & Advances to Banks outside Nigeria
Bills Discounted Payable outside Nigeria

0.3
0.3
0.2
0.0
0.0
0.0

0.2
0.2
0.2
0.0
0.0

0.3
0.3
0.3
0.0
###
0.0

0.4
0.4
0.4
0.0
0.0

0.4
0.4
0.4
0.0
###
0.0

CLAIMS ON CENTRAL GOVERNMENT


Treasury Bills
Treasury Certificates
Development Stocks
Loans & Advances to Central Government
Bankers Unit Fund

1.8
0.9
0.9
-

2.8
2.2
0.6
###
###
###

5.1
4.4
0.8
-

8.7
7.3
1.4
###
###
###

###
###

###
###

8.8
8.2
-

10.5
9.9
0.0
###

Shortfall/excess credit/others

CLAIMS ON STATE & LOCAL GOVERNMENT


Loans & Advances to State Government
Loans & Advances to Local Government
CLAIMS ON OTHER PRIVATE SECTOR
Loans & Advances to Other Customers
Loans & Advances to Nigeria Banks Subsidiaries
Bills Discounted from non-bank sources

10.8
10.3
-

11.3
10.8
###
###

10.3
8.0
2.3
12.3
11.7
-

Investments:
Ordinary Shares
Preference Shares
Debentures
Subsidiaries
Other investments
Commercial papers
Bankers Acceptances
Factored Debt
Advances under Lease
CLAIMS ON OTHER FINANCIAL INSTITUTIONS
UNCLASSIFIED ASSETS
Fixed Assets
Domestic Inter-Bank Claims:
Bills Discounted from Banks in Nigeria
Money at call with Banks
Inter-bank Placements
Balances held with banks in Nigeria
Loans & Advances to other Banks in Nigeria
Checks for Collection
Money at call outside banks
Certificates of Deposit
Placement with Discount Houses
Other Assets:
Receivables
Pre-payments
Bills Payable
Suspense
Sundry Debtors
FEM
CBN naira Depreciation
NDIC
Miscellaneous

0.6
0.6
-

0.6
###
###
###
###
0.6
###
###
###
###

0.6
0.6
-

0.5
###
###
###
###
0.5
###
###
###
###

0.6
0.6
-

7.2
1.0
0.1
0.3
0.6
0.0
6.3
6.3

7.1
###
0.8
0.1
0.3
###
0.4
0.0
###
###
###
###
6.4
###
###
###
###
###
###
###
###
6.4

9.1
1.5
0.1
0.7
0.7
0.0
7.6
7.6

8.6
###
1.1
0.0
0.6
###
0.4
0.0
###
###
###
###
7.5
###
###
###
###
###
###
###
###
7.5

8.2
0.8
0.0
0.4
0.4
0.0
7.3
7.3

TOTAL

ASSETS

19.5

22.7

26.7

Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001

30.1

32.0

1986
1.5
0.5
1.0
1.0
-

1987
2.2
0.6
1.6
###
1.6
###

1988
2.2
0.8
1.4
1.4
-

1989
2.1
1.0
1.1
###
1.1
###

1990
4.8
1.3
3.5
2.5
1.0

1991
13.7
2.2
11.5
###
5.0
6.6

1992
27.1
2.9
24.2
3.3
6.1
14.7

1993
40.2
4.7
35.5
6.7
3.5
25.3

1994
47.1
5.5
41.6
8.4
11.5
21.7

###

###

###

###

2.2
1.6
1.5
0.2
0.6

3.0
3.0
2.7
0.3
###
0.0

4.8
4.8
4.2
0.6
0.0

7.5
7.4
6.7
0.7
###
0.0

6.6
6.6
5.6
1.0
0.0

10.4
10.4
1.1
9.3
###
0.0

19.4
19.4
16.5
2.9
-

24.9
24.9
23.4
1.4
###
0.0

17.9
17.8
15.5
2.3
0.0

4.4
3.1
1.4
###
-

7.6
5.3
2.3
###
###

7.3
5.3
2.0
###
-

3.6
2.5
1.1
###
###

8.7
7.7
1.0
###
-

6.8
6.3
0.6
###
###

5.9
5.2
0.3
0.0
0.3
-

29.8
28.9
0.7
0.0
0.3
###

39.2
38.3
0.6
0.3
-

###
###

###
###

###
###

1.3
1.1
0.2

1.5
1.2
0.3

15.6
14.8
###

17.7
16.5
###
-

19.7
19.5
###

22.3
21.3
###
-

26.6
25.2
###

30.5
29.9
###
-

41.2
38.8
0.0

48.2
42.6
###
0.0

1.9
1.6
0.3
92.0
84.7
0.1

0.8
0.8
###

1.1
###
###
###
###
1.1
###
###
###
-

0.3
0.3
###

1.0
###
###
###
###
1.0
###
###
###
-

1.4
1.4
###

0.6
###
###
###
###
0.6
###
###
###
-

1.2
0.5
0.0
0.3
0.2
0.2
0.4
0.1
0.7

1.7
0.1
0.0
0.6
0.0
0.9
1.9
1.0
###
1.0

1.5
0.4
0.2
0.3
0.1
0.6
2.3
2.0
1.3

15.9
1.4
0.1
0.6
0.6
0.0
###
14.5
14.5

19.4
###
2.7
0.2
0.7
###
1.7
0.1
###
###
###
16.7
###
###
###
###
###
###
###
###
16.7

24.0
3.1
0.4
0.2
2.5
###
21.0
21.0

29.4
###
1.9
0.3
###
1.0
0.5
###
###
###
27.5
###
###
###
###
###
###
###
###
27.5

36.4
3.2
0.3
0.0
2.4
0.6
###
33.1
33.1

56.1
###
4.6
0.4
###
2.7
1.4
###
###
###
51.5
###
###
###
###
###
###
###
###
51.5

81.5
10.6
20.7
0.7
2.6
3.2
5.5
0.2
8.6
0.5
0.1
###
49.6
6.1
3.7
3.1
36.6

96.9
18.7
25.5
0.9
1.7
3.3
13.2
0.4
6.0
0.3
4.7
47.9
4.4
2.6
###
10.7
###
###
###
###
30.1

64.3
8.0
14.9
0.7
7.6
0.5
4.5
1.6
0.0
0.5
40.9
8.1
1.8
0.7
19.3
0.9
2.2
2.8
0.1
4.9

39.7

49.8

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
RESERVES
Currency
Deposits with CBN:
Reserve Requirements
Current Accounts
Stabilization Securities
CBN Bills
Shortfall/excess credit/others

1995
54.1
7.1
47.0
10.9
6.8
29.3
-

1996
62.7
9.9
52.8
16.9
9.9
26.0
-

1997
64.6
14.1
50.5
22.7
15.3
12.4
-

1998
62.7
15.5
47.1
27.7
19.1
0.3
-

1999
118.5
21.9
96.6
62.0
34.6
0.0
-

FOREIGN ASSETS
Claims on Non-resident Banks:
Balances held with banks outside Nigeria
Balances held with offices and branches outside Nigeria
Loans & Advances to Banks outside Nigeria
Bills Discounted Payable outside Nigeria

57.3
57.3
50.8
6.5
-

47.6
47.6
43.8
3.8
-

53.3
53.3
46.9
6.4
0.0

75.1
75.1
41.8
33.4
0.0

135.2
135.2
87.5
47.7
0.0

CLAIMS ON CENTRAL GOVERNMENT


Treasury Bills
Treasury Certificates
Development Stocks
Loans & Advances to Central Government
Bankers Unit Fund

20.8
17.7
0.3
2.5
0.2
-

47.5
46.8
0.0
0.5
0.3
-

39.6
37.9
0.0
1.5
0.2
-

49.1
47.2
1.6
0.3
-

188.6
186.1
0.4
1.6
0.4
-

2.7
2.4
0.2

3.3
3.0
0.3

2.4
2.1
0.3

0.8
0.7
0.2

2.1
1.7
0.4

141.7
122.8
0.5

171.6
153.2
0.1
0.0

238.2
214.8
0.0
0.1

271.7
244.7
0.3

350.6
311.7
0.2

CLAIMS ON STATE & LOCAL GOVERNMENT


Loans & Advances to State Government
Loans & Advances to Local Government
CLAIMS ON OTHER PRIVATE SECTOR
Loans & Advances to Other Customers
Loans & Advances to Nigeria Banks Subsidiaries
Bills Discounted from non-bank sources

Investments:
Ordinary Shares
Preference Shares
Debentures
Subsidiaries
Other investments
Commercial papers
Bankers Acceptances
Factored Debt
Advances under Lease
CLAIMS ON OTHER FINANCIAL INSTITUTIONS
UNCLASSIFIED ASSETS
Fixed Assets
Domestic Inter-Bank Claims:
Bills Discounted from Banks in Nigeria
Money at call with Banks
Inter-bank Placements
Balances held with banks in Nigeria
Loans & Advances to other Banks in Nigeria
Checks for Collection
Money at call outside banks
Certificates of Deposit
Placement with Discount Houses
Other Assets:
Receivables
Pre-payments
Bills Payable
Suspense
Sundry Debtors
FEM
CBN naira Depreciation
NDIC
Miscellaneous

2.2
0.0
0.6
0.4
0.2
1.0
7.8
6.8
0.0
1.6

2.5
0.4
0.1
0.2
0.4
1.3
2.3
12.0
1.6

3.5
0.5
0.1
0.9
0.4
1.5
10.6
7.2
2.1

4.2
1.0
0.1
0.9
1.7
0.6
5.2
12.7
4.7

5.2
0.8
2.0
0.1
1.4
1.0
17.8
8.5
7.2

108.7
27.2
31.6
0.2
1.0
4.6
20.9
0.3
4.6
0.0
3.4
46.5
8.5
4.7
4.8
28.5

126.0
34.1
27.5
0.7
1.8
2.8
17.0
0.8
4.4
0.0
10.0
54.3
8.9
5.1
2.7
0.2
37.6

186.3
43.7
51.8
0.2
9.0
9.1
24.4
0.5
8.7
11.3
79.4
9.8
5.5
4.7
0.6
1.7
57.1

235.1
55.3
54.7
0.0
0.7
12.8
24.2
0.5
16.5
41.2
83.9
13.9
8.1
4.8
0.6
2.2
54.3

275.0
75.0
69.8
0.1
2.4
15.3
40.3
0.3
11.4
41.3
89.0
20.8
10.8
6.4
0.0
50.9

TOTAL

ASSETS

385.1

458.8

584.4

Note: Following the adoption of Universal Banking in Nigeria, commercial and merchant banks figures were merged from 2001

694.6

1,070.0

2000
167.6
35.0
132.7
77.8
54.9
-

2001
319.0
64.8
254.2
125.3
94.4
34.5
-

2002
321.5
76.2
245.3
139.7
105.3
0.3
-

2003
362.4
90.1
272.3
152.3
120.0
-

2004
364.2
87.2
186.5
158.0
28.5
(90.5)

2005
515.2
79.2
120.4
101.1
19.3
(315.7)

2006
670.5
128.3
542.2
206.5
307.5
10.6
17.5

2007
659.6
222.9
436.7
148.1
254.0
7.5
5.6
21.6

2008
910.7
262.7
648.0
150.7
453.8
3.4
0.0
40.1

194.6
194.6
132.1
62.4
0.0

305.0
305.0
250.7
54.3
0.0

398.2
398.2
350.4
47.8
0.0

437.7
437.7
378.4
59.3
0.0

481.3
481.3
405.7
75.6
0.0

463.2
463.2
415.7
47.5
0.0

1,358.3
1,358.3
1,232.4
125.9
0.0

930.7
930.7
888.3
42.4
0.0

1,506.8
1,506.8
1,459.2
47.7
-

278.1
275.8
1.6
0.8
-

208.3
199.3
3.7
5.3
-

467.5
460.2
1.1
6.2
-

378.2
338.1
33.3
6.8
-

609.1
572.4
32.8
3.9
-

630.8
511.9
101.4
17.6
-

993.5
653.4
319.3
20.8
-

1,960.4
1,264.3
694.1
2.1
-

1,717.1
749.3
39.7
914.1
14.0
-

7.5
6.9
0.6

26.8
24.9
1.9

17.3
16.4
1.0

20.2
19.4
0.9

24.6
22.1
2.5

54.5
50.8
3.8

80.7
72.8
7.9

87.8
69.5
18.2

149.8
129.7
20.0

480.0
429.3
0.0

817.7
714.5
0.1

931.1
805.3
0.3

1,183.0
1,012.4
0.1
0.5

1,494.6
1,278.6
0.2
0.2

1,936.6
1,584.5
0.3

2,528.6
2,096.3
-

4,732.9
3,861.5
61.8
-

7,649.6
6,051.7
116.4
-

7.9
2.7
0.0
1.1
1.6
2.5
16.0
24.7
2.0
441.0
103.4
123.2
0.0
6.2
34.8
40.7
0.2
41.3
85.1
129.3
26.0
18.9
40.2
6.4
37.7

15.9
6.5
0.1
1.5
2.2
5.7
35.3
30.8
21.1
570.3
153.9
139.4
0.0
4.9
37.8
60.0
0.4
36.2
97.7
179.4
31.1
23.6
24.1
42.3
58.2

35.4
10.9
0.0
5.8
3.8
14.9
37.0
32.2
20.9
631.2
192.2
142.4
0.2
9.2
36.1
57.0
0.8
39.1
68.0
228.6
37.3
29.2
27.9
134.1

62.9
24.6
0.5
15.1
8.8
14.0
47.6
33.9
25.7
666.4
234.5
170.1
0.0
4.8
46.1
47.2
0.8
71.2
89.6
172.1
51.2
57.2
19.8
40.1
3.8

72.8
32.0
2.3
13.2
9.6
15.7
80.1
24.0
38.7
779.5
285.3
247.6
0.0
5.3
29.8
97.2
0.3
115.0
66.7
179.9
57.4
61.2
19.9
39.6
1.8

88.4
31.8
10.9
17.0
13.6
15.1
194.6
41.1
27.7
914.7
263.8
206.3
0.0
16.2
54.1
77.7
0.3
58.0
86.0
358.6
69.5
52.6
38.9
41.0
144.0
12.6

141.6
75.8
2.7
19.0
44.1
193.5
45.7
51.5
1,541.4
429.1
208.2
0.0
6.8
50.4
136.5
0.0
14.4
77.7
826.3
147.3
102.2
64.0
49.9
11.2
22.7
59.1
0.2

292.3
177.4
0.6
38.9
75.5
363.4
81.8
72.1
2,610.2
655.7
527.8
0.0
70.5
78.2
217.5
0.0
161.7
2.5
289.5
1,134.7
325.7
202.6
40.8
113.6
34.2
21.0
136.4

480.7
317.5
1.3
84.5
77.5
822.7
66.4
111.8
3,985.5
834.4
1,311.1
0.0
163.8
385.9
477.0
0.0
284.5
674.0
1,166.0
562.6
302.3
70.5
68.9
16.5
14.1
131.2

1,568.8

2,247.0

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
RESERVES
Currency
Deposits with CBN:
[i] Reserve Requirements
[ii] Current Accounts
CLAIMS ON CENTRAL BANK
[i]Stabilization Securities
[ii] CBN Bills
[iii] Shortfall/excess credit/others

2009
521.8
254.3
267.5
87.0
180.5
188.5
42.0
54.4
92.1

2010
531.4
295.8
235.6
95.6
139.9
262.3
1.2
209.9
51.2

2011
1,222.5
320.9
901.6
770.1
131.5
598.5
534.0
64.5

2012
1,847.2
330.2
1,517.1
1,338.8
178.3
1,693.6
1,631.6
62.0

2013
3,197.6
328.8
2,868.8
2,270.4
598.4
912.7
529.4
383.3

FOREIGN ASSETS
Claims on Non-resident Banks:
[i] Balances held with banks outside Nigeria
[ii] Balances held with offices and branches outside Nigeri
[iii] Loans & Advances to Banks outside Nigeria
Bills Discounted Payable outside Nigeria

1,265.6
1,265.6
1,208.8
56.8
0.0

1,296.4
1,296.3
1,210.5
85.8
0.0

1,702.5
1,702.5
1,606.5
96.0
###
0.0

2,005.5
2,005.5
1,885.2
120.3
0.0

2,103.3
2,103.3
2,101.3
1.9
-

CLAIMS ON CENTRAL GOVERNMENT


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

1,826.7
585.4
1,229.0
12.2
-

2,377.9
925.3
1,448.1
4.5
-

3,162.4
1,458.3
###
1,697.7
6.5
###

2,233.5
640.8
1,591.8
0.9
-

3,528.6
2,393.6
1,134.4
0.7
-

310.3
292.0
18.3

369.8
354.5
15.3

513.2
497.8
15.4

665.9
655.0
10.9

776.7
757.7
19.0

9,357.6
7,385.8
330.7

8,828.4
6,359.6
195.9

9,101.2
6,098.5
24.5

9,775.1
7,034.1
2.0

10,767.0
8,730.6
2.0

CLAIMS ON STATE & LOCAL GOVERNMENT


Loans & Advances to State Government
Loans & Advances to Local Government
CLAIMS ON OTHER PRIVATE SECTOR
Loans & Advances to Other Customers (Gross)
Loans & Advances to Nigeria Banks Subsidiaries

Bills Discounted from non-bank sources


Investments:
[i] Ordinary Shares
[ii] Preference Shares
[iii] Debentures
[iv] Subsidiaries
[v] Other investments
Commercial papers
Bankers Acceptances
Factored Debt
Advances under Lease
CLAIMS ON OTHER FINANCIAL INSTITUTIONS
Placement with Discount Houses
UNCLASSIFIED ASSETS
Fixed Assets
Domestic Inter-Bank Claims:
[i] Bills Discounted from Banks in Nigeria
[ii] Money at call with Banks
[iii] Inter-bank Placements
[iv] Balances held with banks in Nigeria
[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:
Receivables
Pre-payments
Bills Payable
Suspense
Sundry Debtors
Goodwill and other intangible assets
unamortised reserves for loan looses allowed by CBN
domestic & foreign (miscellaneous)
Treasury Bills for Liquidity Management

50.0
890.3
612.0
27.6
156.0
94.8
509.1
62.2
129.5
4,052.4
1,034.9
1,322.5
0.0
244.9
843.9
160.6
0.0
73.1
50.5
242.9
1,401.6
545.7
283.6
62.8
42.1
17.1
188.4
-

0.1
1,869.1
486.0
56.6
156.3
1,170.3
189.2
79.2
135.2

3.1
2,574.7
355.8
###
74.8
226.0
1,918.0
203.0
73.4
###
124.1

3.4
2,551.2
287.1
46.7
207.8
2,009.6
1.1
9.9
173.6

1.9
1,836.9
274.0
55.8
239.2
1,267.9
9.3
20.5
165.7

3,665.4
1,110.4
1,097.1
###
140.1
763.9
117.5
0.0
75.6
256.9
1,200.9
700.7
238.6
30.1
23.2
###
-

###
###
3,096.3
1,169.8
543.8
116.4
208.9
121.0
0.0
97.6
###
###
246.2
1,136.5
620.9
215.7
###
46.7
29.6
133.6
4.1
###
###

3,067.4
1,240.6
407.2
72.3
124.5
67.5
0.0
142.9
34.0
229.5
1,156.1
609.8
201.7
72.7
49.0
122.1
3.9
-

3,015.4
1,263.9
533.0
208.4
164.4
85.1
0.0
75.0
20.5
57.4
1,140.6
583.5
174.2
142.6
18.9
137.1
-

Miscellaneous(others)
TOTAL ASSETS:
of which AMCON Bonds

261.9
17,522.9
-

191.2
17,331.6
854.0

85.8
19,396.6
1,726.4

97.0
21,288.1
1,797.0

84.3
24,301.2
1,025.5

Return to Menu
Table A.2.1.1: Commercial Banks' Statement of Assets/Liabilities - Assets (N' Billion)
ASSETS
RESERVES
Currency
Deposits with CBN:
[i] Reserve Requirements
[ii] Current Accounts
[ii] Other Deposit
CLAIMS ON CENTRAL BANK
[i] Stabilization Securities
[ii] CBN Bills
[iii] Shortfall/excess credit/others

March
3,352.1
287.0
3,065.1
2,720.5
241.2
103.4

2014***
June
September
3,458.0
3,363.0
284.3
247.7
3,173.7
3,115.2
2,939.7
2,758.3
188.0
108.7
46.0
248.3

398.0
398.0
-

396.0
###
396.0
###

535.1
535.1
-

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

2,177.2
75.9
2,101.3
2,078.3
20.8
2.2
-

2,204.7
68.4
2,136.3
2,112.0
21.5
2.8
###

2,093.5
79.3
2,014.3
1,982.8
28.8
2.7
-

CLAIMS ON CENTRAL GOVERNMENT


Treasury Bills
Treasury Certificates
Development Stocks /FGN Bonds
Loans & Advances to Central Government
Bankers Unit Fund

3,648.9
2,353.8
1,276.8
18.2
-

3,522.5
2,290.1
###
1,209.4
23.0
###

3,634.4
2,392.5
1,235.7
6.2
-

577.9
570.0
8.0
-

486.9
477.1
9.8
###

484.5
472.7
11.7
-

CLAIMS ON STATE & LOCAL GOVERNMENT


Loans & Advances to State Government
Loans & Advances to Local Government
State Bonds

Local Govt. Bond


CLAIMS ON PRIVATE SECTOR
Loans & Advances to Other Customers
Loans & Advances to Nigeria Banks Subsidiaries/Affilates
Bills Discounted from non-bank sources
Investments:
[i] (Ordinary Shares) Other Investment - Quoted
[ii] (Preference Shares) Other Investment - Unquoted
[iii] Debentures Corporate Bonds
[iv] Other Bonds
[v] Subsidiaries
[vi] Other investments (includes AMCON bonds effective Dec-10
[vii] Other investments (Promissory notes and other financial assets held)
Commercial papers
Bankers Acceptances
Factored Debt
Advances under Lease
FINANCIAL DERIVATIVES
Derivatives
UNCLASSIFIED ASSETS
Fixed Assets
Non Current Assets
Domestic Inter-Bank Claims:
[i] Bills Discounted from Banks in Nigeria
[ii] Money at call with Banks
[iii] Inter-bank Placements
[iv] Balances held with banks in Nigeria
[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:

11,186.6
9,438.5
10.3
0.3
1,562.0
70.1
240.1
122.9
17.2
307.0
749.5
55.3
9.9
3.6
161.9
6.7
6.7
3,224.5
1,276.3
3.4
546.3
70.2
378.0
36.9
11.0
50.2
9.0
71.5
1,318.0

###
11,681.8
9,847.6
9.3
1.1
1,639.0
62.1
246.7
156.6
17.2
310.3
764.3
81.8
10.1
7.4
###
167.3
4.9
4.9
3,353.9
1,297.8
31.2
592.4
###
56.9
449.1
29.8
7.2
49.4
###
51.5
32.1
1,349.0

12,449.3
10,575.0
2.7
0.5
1,694.8
63.9
240.9
152.8
28.3
318.0
801.2
89.7
10.6
6.0
159.7
8.2
8.2
3,384.3
1,315.8
34.5
635.3
77.8
469.3
26.9
11.2
50.2
30.6
43.1
1,325.1

Receivables
Pre-payments
Suspense
Sundry Debtors Deferred Tax Assets
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)
TOTAL

ASSETS:

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

589.5
263.5
124.1
195.3
77.5
0.4
67.7
24,571.8

622.0
261.2
98.9
218.2
82.0
1.9
0.0
64.6
###
###
25,108.8

598.0
214.6
137.5
218.4
84.0
1.9
10.9
59.6
25,952.3

2015***
June
September
4,680.9
4,611.3
377.1
416.7
4,303.8
4,194.5
4,060.1
3,799.6
204.1
340.4
39.5
54.5

December
4,457.6
359.4
4,098.2
3,571.9
495.2
31.2

March
4,401.2
346.0
4,055.2
3,863.2
165.3
26.7

476.1
476.1
-

534.5
534.5
-

683.2
683.2
-

654.8
###
654.8
###

2,053.3
109.0
1,944.3
1,890.9
33.3
20.1
-

2,170.1
173.1
1,997.1
1,944.6
32.5
19.9
-

1,738.9
212.9
1,526.0
1,481.3
26.8
17.8
-

1,466.8
144.3
1,322.5
1,297.6
22.6
2.3
###

1,566.6
78.9
1,487.7
1,491.8
(6.3)
2.2
-

3,979.0
2,481.8
1,491.0
6.3
-

4,105.2
2,476.7
1,614.5
14.1
-

3,931.9
2,625.8
1,294.2
12.0
-

4,253.0
2,372.0
###
1,866.0
15.0
###

4,524.1
2,480.3
2,035.9
7.8
-

536.4
530.3
6.0
-

543.2
537.7
5.5
-

471.4
463.8
7.6
###

397.0
392.4
4.6
-

December
4,442.1
399.9
4,042.2
3,077.0
928.9
36.4
624.0
624.0
-

583.8
580.6
3.3
-

12,643.2
11,569.5
2.7
1.7
889.0
60.3
240.3
143.6
33.2
313.0
98.4
9.8
8.8
161.8

13,087.9
12,027.6
2.7
0.8
874.7
27.6
298.8
136.3
27.2
301.4
83.4
9.1
20.8
152.1

13,241.5
12,192.7
0.0
0.4
889.7
26.6
283.3
139.3
35.1
303.2
102.1
6.7
8.6
143.4

19.1
19.1

44.9
44.9

32.1
32.1

3,316.8
1,344.6
44.4
529.1
39.2
391.3
32.6
12.3
53.7
51.0
37.9
1,309.9

3,777.2
1,365.2
30.8
732.3
113.1
524.1
31.4
9.6
54.1
-

3,574.0
1,376.4
31.8
588.7
57.3
400.7
71.7
9.1
49.9
38.7

27.9
57.5

1,563.6

33.9
1,504.6

###
12,965.9
11,783.5
0.0
0.6
1,025.2
16.0
291.3
158.8
32.7
307.5
###
218.9
4.9
6.7
###
145.1
39.5
39.5
3,725.6
1,425.1
4.0
609.0
###
146.4
364.1
86.3
8.1
4.0
###
63.7
14.5
1,609.2

12,984.7
11,583.1
0.0
1.7
1,223.2
18.6
304.0
154.5
34.8
310.8
400.4
6.3
28.4
142.0
25.1
25.1
3,367.1
1,441.7
5.9
459.4
43.8
304.2
99.1
10.9
1.4
75.7
9.7
1,374.7

690.3
144.7
92.3
218.1
88.9
2.2
9.9
63.4
-

824.3
234.3
104.1
219.2
89.2
2.2
10.4
79.9
-

663.5
276.7
126.9
224.9
133.7
2.3
10.9
65.8
-

27,481.5

28,664.2

28,354.0

790.3
215.3
183.7
228.1
116.6
2.2
17.4
55.7
###
###
28,113.9

757.7
137.5
78.7
236.2
113.9
2.2
8.0
40.5
28,117.6

Return to Menu
Tables A.2.1.2: Commercial Banks' Statement of Assets/Liabilities - Liabilities (N' Billion)
LIABILITIES
DEMAND DEPOSITS
Private Sector Deposits
State Government Deposits
Local Government Deposits
TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS
Time Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Savings Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Foreign Currency Deposits:
Domiciliary Accounts
Other Deposits:
MONEY MARKET INSTRUMENTS:
Certificate of Deposit Issued
Notes & Deposit (Cash) certificates
BONDS
Debentures
Notes & Deposit (Cash) certificates

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

1981
4.9
4.9
-

1982
5.2
5.2
-

1983
5.9
5.9
-

1984
6.3
6.3
-

1985
7.0
7.0
-

5.8
3.8
3.8
2.0
2.0
0.0
0.0
-

6.8
4.5
4.5
2.3
2.3
0.1
0.1
-

8.1
5.2
5.2
2.9
2.9
0.1
0.1
-

9.4
6.0
6.0
3.4
3.4
0.0
0.0
-

10.6
6.9
6.9
3.7
3.7
0.0
0.0
-

0.1
0.0
0.1
-

0.2
0.0
0.2
-

0.3
0.0
0.3
-

0.1
0.0
0.1
-

0.3
0.1
0.1
0.0
0.0

Federal Government Time Deposits


Federal Government Demand Deposits
Federal Government Savings Deposits

0.1
0.1
-

CAPITAL ACCOUNTS:
Capital
Reserve Fund
Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Govt
Total loans /lease loss provision

0.5
0.5
-

0.7
0.7
-

0.8
0.8
-

1.0
1.0
-

1.1
1.1
-

UNCLASSIFIED LIABILITIES:
Inter-bank liabilities
Balances held for banks in Nigeria
Money at call from banks in Nigeria
Inter-bank takings
Uncleared effects
Loans & Advances from other banks in Nigeria
Bankers payments
Loans & Advances from Other creditors
Letters of Credit
Takings from Discount Houses
Other Liabilities:
Accounts Payables
Suspense Account
Provision for Tax Payments
Sundry Creditors
Forex Awaiting Cover
Exchange Differential
Provision for Bad Debt
FEM
Miscellaneous

8.2
0.3
0.1
0.1
0.1
7.8
7.8

9.6
0.3
0.1
0.1
0.1
9.3
9.3

11.5
0.3
0.1
0.1
0.1
11.3
11.3

13.2
0.5
0.2
0.3
12.7
12.7

13.0
0.2
0.1
0.1
0.0
0.1
12.8
12.8

19.5

22.7

26.7

30.1

32.0

CREDIT FROM CENTRAL BANK


Loans & Advances from CBN
CBN Overdrafts to banks

TOTAL LIABILITIES:

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

1986
6.6
6.6
-

1987
8.0
8.0
-

1988
10.7
10.7
-

1989
10.2
10.2
-

1990
15.6
15.6
-

1991
22.0
22.0
-

1992
33.3
31.1
1.3
0.9

1993
49.9
48.2
0.9
0.8

1994
65.3
63.5
1.1
0.7

11.5
7.2
7.2
4.3
4.3
0.0
0.0
-

15.1
9.9
9.9
5.2
5.2
0.1
0.1
-

18.4
11.3
11.3
7.1
7.1
0.1
0.1
-

17.0
7.7
7.7
9.2
9.2
0.2
0.2
-

23.2
10.2
10.2
13.0
13.0
0.2
0.2
-

30.4
11.0
11.0
19.4
19.4
0.1
0.1
-

41.8
15.7
13.3
2.0
0.4
26.1
26.0
0.0
0.0
0.2
0.2
-

60.5
23.5
22.9
0.4
0.2
37.1
36.8
0.1
0.1
0.3
0.3
-

77.2
25.9
25.1
0.6
0.1
49.6
49.3
0.2
0.1
1.7
1.7
0.1
0.1
-

0.2
0.2
-

0.2
0.2
-

2.9
0.3
2.6

0.8
0.4
0.4
0.0

0.9
0.2
0.6
-

0.3
0.2
0.1
-

0.9
0.7
0.1
0.0
0.0

0.2
0.1
0.1
0.0
-

0.8
0.4
0.4
0.0

1.3
0.4
0.8
0.0
0.1

0.6
0.2
0.2
0.2
0.0

0.6
0.3
0.3
-

1.0

2.0

1.6

0.5
0.4
0.2

0.3
1.6
0.0

0.3
0.9
0.3

0.0
0.0
-

0.1
0.1
-

0.1
0.1
-

0.1
0.1
-

0.1
0.1
-

0.1
0.1

0.0
0.0

9.7
0.0
9.6

1.3
1.3
-

1.5
1.5
-

1.9
1.9
-

2.7
2.7
-

3.7
3.7
-

4.3
4.3
-

26.5
3.8
4.2
18.5
0.0
-

29.6
4.4
1.0
21.7
2.5
-

32.1
5.4
0.9
24.1
1.7
-

19.4
0.4
0.2
0.2
0.0
0.1
18.9
###
18.9

24.2
1.2
0.5
0.4
0.0
0.2
23.0
23.0

26.5
1.2
0.6
0.5
0.0
0.1
25.3
25.3

33.8
1.8
0.4
0.9
0.3
0.2
32.0
32.0

39.9
3.0
0.6
1.8
0.6
36.9
36.9

59.8
1.6
0.6
0.3
0.7
0.1
58.1
58.1

54.9
2.6
0.5
1.5
0.6
0.0
52.2
6.8
25.2
1.5
4.0
2.1
1.5
7.9
3.1
0.1

83.0
18.5
1.3
0.3
0.6
13.3
3.0
3.7
7.2
53.5
9.6
10.6
2.5
0.4
30.5

105.6
14.9
0.9
0.1
0.6
9.3
0.1
4.0
0.1
3.6
0.3
86.6
9.5
45.5
1.9
0.0
4.0
25.8

39.7

49.8

58.0

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)


LIABILITIES
DEMAND DEPOSITS
Private Sector Deposits
State Government Deposits
Local Government Deposits

1995
79.5
76.0
2.6
0.9

TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS


Time Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Savings Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Foreign Currency Deposits:
Domiciliary Accounts
Other Deposits:
MONEY MARKET INSTRUMENTS:
Certificate of Deposit Issued
Notes & Deposit (Cash) certificates

99.5
30.0
29.0
0.8
0.2
62.1
61.3
0.7
0.1
7.4
7.4
0.0
0.0
-

BONDS
Debentures
Notes & Deposit (Cash) certificates

1996
95.9
93.3
1.7
0.9

1,000.0
1997
128.2
122.5
4.6
1.1

1998
142.3
132.0
7.5
2.8

1999
202.2
185.6
13.5
3.1

118.5
44.0
43.3
0.6
0.1
68.8
68.5
0.2
0.1
5.7
5.7
0.5
0.5
-

141.7
52.1
50.8
1.1
0.2
84.1
83.9
0.2
0.1
5.5
5.5
0.0
0.0
-

172.1
61.3
58.7
2.5
0.1
101.4
100.9
0.4
0.1
9.4
9.4
0.0
0.0
-

274.2
110.8
107.3
2.5
1.0
128.4
127.8
0.3
0.3
35.1
35.1
0.1
0.1
-

4.7
0.8
3.9

5.1
0.5
4.6

10.5
0.8
9.7

6.3
0.5
5.9

11.3
0.4
10.9

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

0.6
0.0
0.6
-

0.3
0.0
0.3
- - -

0.4
0.0
0.4

2.1
0.0
2.1
-

5.2
4.3
0.9
-

CENTRAL GOVERNMENT DEPOSITS

3.4

6.0

10.2

12.7

40.4

Federal Government Time Deposits


Federal Government Demand Deposits
Federal Government Savings Deposits

0.7
2.2
0.6

2.0
3.4
0.5

3.8
5.2
1.2

6.0
6.3
0.3

2.3
37.9
0.2

CREDIT FROM CENTRAL BANK


Loans & Advances from CBN
CBN Overdrafts to banks

13.1
0.0
13.1

15.2
15.2

15.2
2.3
12.9

8.6
2.3
6.3

5.9
2.6
3.3

CAPITAL ACCOUNTS:
Capital
Reserve Fund
Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Govt
Total loans /lease loss provision

43.2
6.5
4.5
30.2
2.0
-

55.6
8.7
4.6
40.3
2.0
-

73.9
17.7
5.7
49.9
0.6
-

101.4
25.6
25.6
49.5
0.6
-

142.0
31.5
39.4
70.6
0.5
-

UNCLASSIFIED LIABILITIES:
Inter-bank liabilities
Balances held for banks in Nigeria
Money at call from banks in Nigeria
Inter-bank takings
Uncleared effects
Loans & Advances from other banks in Nigeria
Bankers payments
Loans & Advances from Other creditors
Letters of Credit
Takings from Discount Houses
Other Liabilities:
Accounts Payables
Suspense Account
Provision for Tax Payments
Sundry Creditors
Forex Awaiting Cover
Exchange Differential
Provision for Bad Debt
FEM
Miscellaneous

141.2
20.2
0.9
0.6
0.5
11.4
0.5
6.2
1.4
24.7
0.1
94.8
14.3
27.1
2.0
0.9
6.7
43.8

161.7
33.2
0.9
0.8
0.9
20.2
10.5
0.6
8.3
0.3
119.2
16.1
30.6
2.6
0.0
0.8
4.9
64.2

204.3
45.9
1.7
2.1
3.7
28.7
0.0
9.7
1.6
11.0
0.6
145.2
26.7
31.6
3.4
1.6
0.1
2.3
5.0
74.6

249.3
59.6
1.9
2.6
3.3
38.6
13.1
0.4
11.2
1.6
176.6
26.5
22.7
4.2
0.5
0.0
4.6
2.2
115.8

388.8
98.4
4.3
0.9
12.7
64.2
16.2
1.7
10.6
6.0
272.2
49.3
36.4
5.8
0.1
6.5
2.6
171.4

TOTAL LIABILITIES:

385.1

458.8

584.4

694.6

1,070.0

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

2000
345.0
308.3
26.8
9.9

2001
448.0
425.6
19.6
2.8

2002
503.9
468.0
27.9
8.0

2003
577.7
546.5
25.2
6.0

2004
728.6
680.3
40.3
7.9

357.1
154.4
145.9
7.5
1.0
164.6
164.0
0.4
0.3
38.1
38.1
0.6
0.6
-

499.2
235.5
230.8
3.7
1.0
216.5
216.3
0.2
0.1
47.2
47.2
26.0
0.6
25.4

653.2
300.1
289.9
8.3
1.9
244.1
242.8
0.8
0.5
109.0
109.0
25.4
0.9
24.5

759.6
324.7
313.1
11.3
0.3
312.4
311.2
0.7
0.4
122.6
122.6
29.0
1.1
27.9

932.9
401.1
390.4
10.1
0.6
359.3
358.7
0.5
0.1
172.5
172.5
36.4
1.0
35.4

12.4
0.3
12.1

0.2
0.2
-

2.8
2.8
-

14.9
0.4
14.5
-

17.2
3.6
13.6
-

19.0
3.1
15.9
-

73.8

28.3

52.6

2005
946.6
886.9
49.8
10.0

2006
1,497.9
1,412.0
75.0
10.9

2007
2,307.9
2,188.5
104.3
15.1

2008
3,650.6
3,291.0
303.1
56.6

1,089.5
499.0
486.6
9.9
2.4
402.0
400.4
0.6
1.0
188.5
188.5
61.4
3.3
58.1

1,747.3
852.4
838.6
13.3
0.4
592.5
586.2
6.0
0.3
302.4
302.4
69.7
0.0
69.7

2,693.6
1,465.3
1,443.0
22.1
0.2
753.9
748.2
4.6
1.0
474.4
474.4
107.3
0.0
107.3

4,309.5
2,293.6
2,254.9
35.6
3.1
1,091.8
1,083.8
5.4
2.5
924.1
924.1
450.1
0.0
450.1

3.0
3.0
-

4.0
4.0
-

3.7
3.7
-

79.8
79.8
-

76.1
76.1
-

21.1
0.0
21.1
-

18.9
0.0
18.9
-

23.3
0.2
23.1
-

653.8
79.9
540.4
33.5

234.5
9.7
124.0
100.8

227.2
6.0
83.9
137.3

79.8

117.2

119.1

134.1

254.5

292.7

18.0
49.7
6.1

5.2
22.0
1.1

11.0
40.8
0.8

17.9
61.1
0.8

37.0
80.1
0.2

24.0
95.0
0.1

22.5
109.9
1.7

40.0
209.8
4.7

35.2
254.1
3.4

4.9
2.1
2.8

40.7
14.5
26.2

22.2
9.9
12.2

44.3
9.1
35.2

62.1
49.5
12.6

42.7
31.4
11.3

63.0
10.1
52.9

49.7
29.9
19.9

132.2
36.7
95.5

196.7
44.2
58.7
93.4
0.3
-

364.3
75.2
97.2
138.2
0.0
53.6

500.8
101.3
132.5
205.8
61.1

537.2
122.7
168.5
245.7
0.2
-

686.1
142.3
206.1
337.7
-

950.6
172.3
419.4
358.8
-

1,388.9
170.5
872.5
185.0
160.9

2,225.4
153.0
1,560.0
231.5
280.9

3,364.7
210.9
2,577.6
303.2
272.9

563.5
146.4
3.6
7.3
23.0
87.5
25.0
4.0
17.3
4.5
391.2
53.4
98.6
7.0
1.7
230.5

823.1
142.5
5.2
10.2
34.5
52.4
40.1
8.6
35.3
9.3
627.3
69.7
57.8
45.0
93.1
45.0
316.7

989.9
163.3
5.6
19.7
31.2
57.0
49.8
8.7
36.8
7.9
773.2
77.4
58.4
49.6
92.3
47.5
447.9

996.4
174.7
4.3
15.7
36.2
97.1
21.3
12.5
91.2
16.1
701.9
248.1
102.6
51.2
81.2
41.3
177.5

1,168.1
247.0
14.8
4.3
41.2
124.9
61.9
10.3
129.1
10.7
771.0
270.0
138.1
68.9
97.1
62.0
134.9

1,278.0
348.8
13.1
3.7
41.1
209.1
8.5
73.2
14.5
124.8
6.5
783.3
267.4
136.8
71.3
173.0
64.2
70.7

1,614.6
404.3
9.5
19.9
32.9
203.2
138.8
18.5
167.5
3.9
1,020.4
242.5
151.3
37.0
183.5
0.3
2.3
14.0
274.5
114.8

3,029.0
938.4
44.4
56.0
166.6
417.6
253.8
46.2
258.1
31.0
1,755.3
818.6
217.5
36.4
136.0
(1.6)
32.2
28.8
487.4

3,416.4
1,353.8
41.6
102.2
429.9
646.5
133.8
67.7
193.0
35.2
1,766.7
632.4
134.5
80.8
5.5
7.2
2.1
32.4
397.7
474.2

1,568.8

2,247.0

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
3,386.5
3,014.3
321.9
50.3

2010
3,830.3
3,335.7
443.9
50.7

2011
4,920.9
4,208.9
604.2
107.7

5,763.5
3,147.3
3,074.2
69.8
3.3
1,171.9
1,165.6
5.1
1.3
1,444.3
1,444.3
388.0
0.0
388.0

5,954.3
2,858.8
2,753.4
101.4
3.9
1,589.2
1,587.1
2.0
0.1
1,506.3
1,506.3
227.0
0.0
227.0

6,531.9
2,705.0
1,299.7
1,402.3
3.0
1,861.4
1,859.6
1.7
0.1
1,965.5
1,965.5
198.8
0.0
198.8

8,062.1
3,317.3
3,277.2
38.4
1.7
2,017.8
2,016.1
1.7
0.1
2,727.0
2,727.0
141.4
141.4

BONDS
Debentures

343.5
343.5
-

391.8
391.8
-

146.4
146.4
-

160.5
160.5
-

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

194.6
12.9
22.6
159.1

162.0
0.0
15.8
146.2

387.6
0.0
125.3
262.4

357.5
0.0
122.1
235.4

CENTRAL GOVERNMENT DEPOSITS

451.8

825.6

678.7

1,113.0

DEMAND DEPOSITS
Private Sector Deposits
State Government Deposits
Local Government Deposits
TIME, SAVINGS AND FOREIGN CURRENCY DEPOSITS
Time Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Savings Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Foreign Currency Deposits:
Domiciliary Accounts
MONEY MARKET INSTRUMENTS:
Certificate of Deposit Issued
Notes & Deposit (Cash) certificates

2012
5,070.0
4,291.8
594.0
184.2

Federal Government Time Deposits


Federal Government Demand Deposits
Federal Government Savings Deposits

65.4
381.4
5.0

128.5
687.8
9.3

122.8
547.7
8.3

156.4
952.2
4.4

409.2
405.6
3.5

418.7
413.5
5.2

295.0
229.5
65.5

228.0
219.1
8.9

CAPITAL ACCOUNTS:
Capital
Reserve Fund
Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Government
Total Loans/Lease Loss Provision

4,930.6
219.5
1,982.3
751.3
1,977.5

2,217.8
249.7
179.9
857.3
0.8
930.1

3,682.1
220.2
2,266.8
927.4
267.7

3,637.7
188.4
2,216.8
997.8
234.8

UNCLASSIFIED LIABILITIES:
Inter-bank liabilities
[i] Balances held for banks in Nigeria
[ii] Money at call from banks in Nigeria
[iii] Inter-bank takings
[iv] Uncleared effects
[v] Loans & Advances from other banks in Nigeria
[vi] Bankers payments
Loans & Advances from Other creditors
Letters of Credit
Takings from Discount Houses
Other Liabilities:
Accounts Payables
Suspense Account
Provision for Tax Payments
Sundry Creditors
Forex rev reserves
Deposit for shares
Provision for Bad Debt
domestic & foreign (miscellaneous)
Miscellaneous

1,655.2
1,289.8
27.2
16.1
879.4
281.4
85.7
138.8
130.2
78.0
18.4
397.8
418.5
10.5
(132.1)
(1.7)
48.7
93.1
226.6
(1,043.1)

3,304.1
1,194.5
25.7
26.5
872.7
189.0
25.3
55.2
90.6
191.2
0.9
1,827.0
465.3
303.5
(122.8)
(41.2)
(4.5)
4.2
42.8
179.4
1,000.2

2,555.3
612.4
18.1
26.4
144.0
246.2
115.0
62.7
157.6
182.9
1,602.4
718.2
89.4
23.2
(55.2)
(2.6)
8.9
95.3
199.5
525.6

2,517.9
499.6
22.2
5.4
56.8
194.1
152.8
68.3
102.2
167.0
2.5
1,746.5
680.9
103.4
24.9
(37.9)
16.2
7.7
101.1
202.7
647.4

CREDIT FROM CENTRAL BANK


Loans & Advances from CBN
CBN Overdrafts to banks

TOTAL LIABILITIES:

17,522.9

17,331.6

19,396.6

21,288.1

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


2013
5,160.8
4,184.1
856.6
120.1
8,606.6
2,839.4
2,797.1
35.7
6.6
2,365.0
2,347.8
14.2
3.1
3,402.2
3,402.2
14.2
14.2

LIABILITIES
DEMAND DEPOSITS:
Private Sector Deposits
State Government Deposits
Local Government Deposits
TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS:
Time Deposits:
[i] Private Sector Time Deposits
[ii] State Government Time Deposits
[iii] Local Government Time Deposits
Savings Deposits:
[i] Private Sector Savings Deposits
[ii] State Government Savings Deposits
[iii] Local Government Savings Deposits
Foreign Currency Deposits:
[i] Private Sector Foreign Currency Deposits
[ii] Federal Government Foreign Currency Deposits
[iii] State Government Foreign Currency Deposits
[iv] Local Government Foreign Currency Deposits

304.4 MONEY MARKET INSTRUMENTS:


304.4 Certificate of Deposit Issued
Notes & Deposit (Cash) certificates Financial Derivatives
BONDS
491.5 Debentures
0.1
155.3 FOREIGN LIABILITIES:
- Balance Held for outside offices and branches
336.2 Balance held for banks outside Nigeria
Money at call with foreign banks
2,931.6 Loans & Advances from other banks outside Nigeria

March
5,667.8
5,140.9
430.2
96.7

2014***
June
5,325.5
4,662.3
562.4
100.8

10,032.7
4,130.0
4,107.5
17.0
5.5
2,471.7
2,471.4
0.1
0.2

10,430.6
4,416.4
4,358.7
49.4
8.3
2,465.9
2,442.8
22.9
0.1

3,430.9
3,039.6
368.8
22.5
0.0

3,548.3
3,191.2
338.1
18.9
0.0

29.9
10.5
19.4

43.8
25.8
18.0

284.1
284.1

461.7
461.7

671.9
(13.1)
284.0
401.1

886.8
0.5
344.4
541.9

1,577.0
1,349.4 CENTRAL GOVERNMENT DEPOSITS
5.2 Federal Government Time Deposits
Federal Government Demand Deposits
229.8 Federal Government Savings Deposits
226.0
3.8 CREDIT FROM CENTRAL BANK
Loans & Advances from CBN
3,869.7 CBN Overdrafts to banks
209.6
2,395.3 CAPITAL ACCOUNTS:
989.8 Capital
- Reserve Fund
275.0 Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Government
2,692.6 Total Loans/Lease Loss Provision
434.8
16.5 UNCLASSIFIED LIABILITIES:
3.2 Inter-bank liabilities
29.3 [i] Balances held for banks in Nigeria
202.2 [ii] Money at call from banks in Nigeria
129.1 [iii] Inter-bank takings
54.5 [iv] Uncleared effects
150.4 [v] Loans & Advances from other banks in Nigeria
187.4 [vi] Bankers payments
Loans & Advances from Other creditors
1,919.9 Letters of Credit
787.5 Takings from Discount Houses
186.5 Other Liabilities:
22.4 Accounts Payables
(23.1) Suspense Account
(0.0) Provision for Tax Payments
0.9 Sundry Creditors
57.3 Forex rev reserves Current Year Unaudited Profit with OCI
252.5 Deposit for shares
635.8 Provision for Bad Debt
domestic & foreign (miscellaneous)
24,301.2 Miscellaneous(others)

775.9
25.2
745.8
4.9

893.3
14.5
878.5
0.3

278.3
179.9
98.4

291.4
147.7
143.6

4,342.6
211.6
2,723.4
1,071.8
5.0
330.8

4,249.2
211.6
2,668.2
1,065.1
5.0
299.2

2,488.5
407.0
16.5
118.6
110.4
132.0
29.4
239.5
270.7
1,571.3
796.9
201.8
68.4
4.9
142.6
0.0
15.8
231.7
109.1

2,526.6
505.6
14.4
248.2
135.5
130.6
(23.2)
229.3
238.0
1,553.7
772.6
162.8
44.2
17.5
268.9
1.3
9.2
191.5
85.7

TOTAL LIABILITIES:
Source: Computed from Deposit Money Banks' Returns
Note:
***Effective March 2014, the DMBs figures are in compliance with IFRS

24,571.8

25,108.8

2014***
September
5,471.5
4,862.7
496.9
112.0

December
5,221.3
4,736.6
381.6
103.1

March
5369.7
4910.0
383.9
75.8

2015***
June
September
5121.4
5379.4
4663.2
4735.2
384.8
568.1
73.5
76.1

10,803.8
4,447.7
4,360.6
68.3
18.8
2,453.6
2,439.8
13.7
0.1

11,936.9
4,782.5
4,722.2
33.8
26.5
2,698.3
2,672.1
0.0
26.2

12077.6
4294.1
4249.9
26.1
18.1
2938.4
2909.7
0.5
28.2

12209.0
4693.5
4635.2
37.2
21.1
2879.6
2850.8
2.4
26.4

11449.9
4381.7
4362.1
14.7
4.9
2904.0
2898.5
5.3
0.1

11363.5
4531.6
4455.6
72.4
3.7
3048.9
3044.3
4.3
0.3

3,902.4
3,509.6
378.8
14.0
0.0

4,456.1
3,961.9
470.1
24.0
0.2

4845.1
4248.5
570.5
25.6
0.5

4635.8
4132.3
479.1
24.2
0.3

4164.2
3760.0
374.8
29.1
0.3

3783.0
3392.5
366.1
24.2
0.2

66.8
47.3
19.5

50.7
24.5
26.2

57.0
29.9
27.1

81.2
56.3
24.9

19.7
0.0
19.7

16.2
0.0
16.2

648.9
648.9

762.1
762.1

743.9
743.9

718.8
718.8

753.5
753.5

677.8
677.8

946.3
33.3
329.0
584.0

1,340.8
42.5
419.5
878.8

1529.5
145.5
430.0
0.0
954.0

1579.0
99.6
515.8
0.0
963.6

1626.3
99.8
499.9
0.0
1026.6

1441.2
0.2
425.0
0.0
1016.1

December
5873.5
5220.9
577.8
74.7

844.1
194.7
566.6
82.9

764.6
28.1
736.5
-

651.7
15.9
634.7
1.1

712.6
27.3
683.9
1.5

505.4
59.4
445.7
0.3

53.8
9.5
44.2
0.1

261.2
130.0
131.2

257.0
126.1
130.9

288.2
235.5
52.8

303.4
266.4
36.9

317.8
282.9
34.9

732.2
698.2
34.0

4,274.5
230.9
2,665.1
1,055.5
5.0
318.1

4,472.2
271.6
2,746.1
1,136.1
4.2
314.1

4912.7
273.5
3108.3
1156.2
2.6
372.1

4786.7
220.6
3106.5
1064.5
2.0
393.0

4914.3
211.5
3163.8
1075.5
2.7
460.8

4993.9
224.6
3191.5
1062.3
44.2
471.2

2,635.1
482.5
11.9
202.8
98.7
129.9
39.1
233.9
211.8
1,706.9
648.1
151.5
33.5
11.6
438.6
12.6
11.8
299.7
99.4

2,675.9
439.9
4.2
221.0
45.2
129.1
40.4
253.5
210.2
1,772.3
795.4
132.4
35.5
9.9
537.0
9.8
30.7
144.1
77.5

3033.7
607.4
7.1
27.8
307.8
49.3
177.6
37.8
204.1
111.2
3.5
2107.6
1096.9
306.1
56.9
4.8
137.1
0.0
32.3
245.5

2841.9
524.8
47.2
0.0
147.8
102.5
187.0
40.4
179.1
222.4
4.0
1911.6
947.5
219.2
37.6
2.5
348.3
7.3
22.6
185.3

3147.5
490.8
10.3
0.0
221.2
39.1
176.8
43.5
220.5
208.8
5.0
2222.4
1210.2
96.1
37.2
1.1
450.1
0.0
32.9
215.6

2965.5
363.6
4.3
6.0
111.9
37.7
164.6
39.1
219.2
212.4
0.0
2170.2
1015.1
150.7
36.1
5.4
615.0
0.0
27.3
198.3

227.9

141.4

179.2

122.3

25,952.3

27,481.5

28664.2

28354.0

28113.9

28117.6

Return to Menu
Table A.2.2.1: Merchant Banks' Statement of Assets/Liabilities - Assets (N' Million)
ASSETS

RESERVES
Currency
Deposits with CBN:
[i] Reserve Requirements
[ii] Current Accounts
[iii] Other Deposit
CLAIMS ON CENTRAL BANK
[i]Stabilization Securities
[ii] CBN Bills
[iii] Shortfall/excess credit/others
FOREIGN ASSETS
Foreign Currency Holdings
Claims on Non-resident Banks:
[i] Balances held with banks outside Nigeria
[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
Treasury Bills / Treasury Bills Rediscounted
Treasury Certificates
FGN Bonds
Loans & Advances to Central Government
Bankers Unit Fund
CLAIMS ON STATE & LOCAL GOVERNMENT
Loans & Advances to State Government
Loans & Advances to Local Government
State Bonds
Local Govt. Bond
CLAIMS ON OTHER PRIVATE SECTOR
Loans & Advances to Other Customers (Gross)
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
CLAIMS ON OTHER FINANCIAL INSTITUTIONS
Placement with Discount Houses
UNCLASSIFIED ASSETS
Fixed Assets
Non current Assets
Domestic Inter-Bank Claims:
[i] Bills Discounted from Banks in Nigeria
[ii] Money at call with Banks
[iii] Inter-bank Placements
[iv] Balances held with banks in Nigeria
[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:
Receivables
Pre-payments
Bills Payable
Suspense
Sundry Debtors
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)

TOTAL

ASSETS:
of which AMCON Bonds

Note: Merchant Banking was re-introduced in 2013


2
3

Revised

Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop g

ts (N' Million)
2014
2013
38,556.5
0.8
38,555.7
669.9
37,885.8

14,290.5
12,239.9
2,050.6
1,292.6

March
10,406.2
0.5
10,405.7
156.6
5,647.9

June
6,282.2
0.4
6,281.8
1,128.3
2,852.9

September
5,809.6
0.6
5,809.0
992.5
915.4

December
8,101.7
0.4
8,101.4
1,548.9
800.7

4,601.3

2,300.6

3,901.1

5,751.7

1,292.6
1,292.6
###
###

6,599.8
6,599.8
6,599.8
-

8,615.5
8,615.5
8,615.5
-

4,581.0
4,581.0
4,581.0
-

7,607.6
7,607.6
7,607.6
-

36,607.4
17,436.4
19,171.0
###

57,211.1
40,748.7
16,462.4
-

46,265.4
29,648.7
16,616.6
-

63,491.7
37,337.4
26,154.3
-

74,955.9
54,490.8
20,465.1
-

1,428.9
1,428.9
###

36,490.2
21,042.2
###
15,448.1

39,513.3
24,757.2
14,756.0

40,749.4
25,737.8
15,011.6

42,150.1
26,456.8
15,693.3

62,646.4
42,049.1
20,597.3

787.7
###
14,660.4
###

0.7
13,968.2
787.0
0.2
-

###
14,223.9
###
-

0.7
14,905.6
787.0
-

###
19,809.6
###
-

4,913.8
1,579.7
226.4
###
226.4
###
###
###
3,107.7
1,129.5
(79.9)
###
123.2
1,461.3
###
###
473.6

38,991.9
898.8
30,177.5
30,004.5
173.0
7,915.5
1,242.2
930.2
1,130.2
2,714.4
495.5
1,402.9
-

6,507.7
837.2
327.1
327.1
5,343.4
1,179.8
979.0
2,725.8
576.6
(117.8)
-

8,645.5
865.1
1,577.4
1,409.9
167.4
6,203.1
1,069.2
1,494.2
###
602.7
311.2
-

10,379.1
915.1
649.0
500.0
149.0
8,815.0
1,127.0
3,751.9
2,725.8
594.2
616.0
-

133,579.9

S as reported in FinA stop gap.

152,722.3
-

108,420.2
-

124,677.9
-

163,690.7
-

2015
March
3,718.5
0.3
3,718.2
1,830.5
1,887.7
###
###

June
5,428.8
1.5
5,427.3
1,156.1
2,170.6
2,100.6
-

September
17,036.2
0.5
17,035.7
1,177.6
12,357.1
3,501.1
-

December
13,476.2
0.5
13,475.7
1,856.1
4,118.8
7,500.8
-

2,205.0
2,205.0
2,205.0
###
###

7,983.1
7,983.1
7,983.1
-

12,642.5
12,642.5
12,642.5
-

25,560.0
25,560.0
25,560.0
-

95,012.2
70,887.0
24,125.2
###

61,317.1
52,924.6
8,392.4
-

80,870.0
67,604.4
13,265.6
-

74,746.8
66,877.9
7,869.0
-

###

76,201.2
56,419.5
###
19,781.7

68,535.2
49,113.8
19,421.4

69,127.7
53,013.5
16,114.2

62,845.8
47,038.6
15,807.2

0.7
18,994.0
787.0
###
###
###

###
18,633.7
###
-

0.7
15,326.6
787.0
-

0.7
15,019.5
787.0
-

16,674.8
913.4
7,853.6
3,351.2
4,080.7
421.7
###
###
###
###
7,907.8
1,491.3
1,658.3
###
2,907.9
633.4
###
1,216.8
-

16,661.0
953.8
0.0
7,947.7
7,500.0
447.7
7,759.6
987.3
2,025.1
###
###
1,205.8
-

8,981.3
985.7
0.0
472.5
472.5
7,523.0
1,872.7
2,482.6
2,907.9
664.4
(404.7)
-

19,141.9
970.6
0.0
10,769.9
10,520.0
249.9
7,401.4
1,413.3
1,742.3
2,907.9
667.6
670.3
-

193,811.6
-

159,925.2
-

188,657.7
-

195,770.7
-

Return to Menu
Table A.2.2.2: Merchant Banks' Statement of Assets/Liabilities - Liabilities (N' Million)
LIABILITIES
DEMAND DEPOSITS
Private Sector Deposits
State Government Deposits
Local Government Deposits
TIME, SAVINGS AND FOREIGN CURRENCY DEPOSITS
Time Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Savings Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Foreign Currency Deposits:
[i] Private sector foreign currency deposit (Domiciliary Accounts)
[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
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
Federal Government Time Deposits
Federal Government Demand Deposits
Federal Government Savings Deposits
CREDIT FROM CENTRAL BANK
Loans & Advances from CBN

CBN Overdrafts to banks


CAPITAL ACCOUNTS:
Capital
Reserve Fund
Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Government
Total Loans/Lease Loss Provision
UNCLASSIFIED LIABILITIES:
Inter-bank liabilities
[i] Balances held for banks in Nigeria
[ii] Money at call from banks in Nigeria
[iii] Inter-bank takings
[iv] Uncleared effects
[v] Loans & Advances from other banks in Nigeria
[vi] Bankers payments
Loans & Advances from Other creditors
Letters of Credit
Takings from Discount Houses
Other Liabilities:
Accounts Payables
Suspense Account
Provision for Tax Payments
Sundry Creditors
Forex rev reserves
Deposit for shares
Provision for Bad Debt
domestic & foreign (miscellaneous)
Miscellaneous
TOTAL LIABILITIES:
Note: Merchant Banking was re-introduced in 2013
2
3

Revised

Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA sto

ities - Liabilities (N' Million)


2013
517.9
517.9
-

March
13,303.6
13,303.6
###
###

36,048.3
35,235.6
35,235.6
0.0
0.0
812.7
812.7
-

81,121.9
77,754.1
77,754.1
###
###
###
###
3,367.8
3,367.8
###
###
###

5,530.0
5,530.0

###
###
###
5,901.3
5,901.3

2014 2
June
September
3,499.0
8,498.8
3,499.0
8,498.8
49,623.2
47,157.9
47,157.9
0.0
0.0
2,465.3
2,465.3
-

43,810.4
39,063.8
39,063.8
4,746.6
4,746.6
-

December
1,471.3
1,471.3
71,308.7
66,062.2
66,062.2
5,246.6
5,246.6
-

5,674.7
5,674.7

5,873.3
5,873.3

5,676.8
5,676.8

195.9
195.9
-

13,483.1
196.2
13,286.9

13,980.6
208.0
13,772.6

202.9
202.9
-

197.4
###
197.4
###
###

1.0
1.0
-

###
###

32,412.2
-

###

32,412.2

34,974.5
17,794.8
15,851.8
956.7
371.3

35,691.6
###
17,005.6
835.5
###
55.8

35,237.3
17,794.8
16,490.8
895.9
55.7

34,215.3
17,794.8
15,396.5
967.9
56.1

32,469.7
17,794.8
13,652.2
966.7
56.1

23,893.1
8,171.4
17.3
5,280.1
2,866.6
7.4
10,317.5
5,404.2
2,007.6
2.3
854.0
2,540.2

16,506.4
8,973.3
63.0
###
8,910.3
###
14.7
###
###
7,518.4
1,456.0
###
543.3
1,713.4
###
###
3,805.7
152,722.3

14,190.2
7,986.7
7,986.7
10.0
6,193.5
2,376.7
661.4
1,806.3
1,349.2

18,797.0
11,874.9
6.8
11,868.0
215.2
6,706.9
2,159.5
424.9
2,306.7
1,815.8

38,783.5
25,320.1
7.9
25,312.2
534.4
12,929.0
6,024.3
249.8
4,983.9
1,671.0

108,420.2

124,677.9

163,690.7

133,579.9

pliance with IFRS as reported in FinA stop gap.

March
7,359.8
7,359.8
56,931.0
54,738.1
54,738.1
2,192.9
2,192.9
-

2015 3
June
September
8,836.4
5,935.4
8,836.4
5,935.4
46,166.6
44,871.3
44,871.3
1,295.3
1,295.3
-

81,188.0
74,069.0
74,069.0
7,119.0
7,119.0
-

December
12,403.3
12,403.3
54,911.5
41,517.5
41,517.5
13,394.0
13,394.0
-

5,871.1
5,871.1

5,530.0
5,530.0

5,530.0
5,530.0

5,530.0
5,530.0

13,499.8
210.4
13,289.4

13,929.3
213.6
13,715.8

13,892.6
262.5
13,630.2

44,345.8
30,613.7
13,732.1

37,430.8
20,794.8
15,426.9
1,030.5
178.5

41,640.4
20,794.8
19,564.3
1,099.1
182.2

72,719.1
60,439.3
50.2
60,389.2
63.1
12,216.6
8,545.0
733.2
1,090.9
1,847.5

43,822.4
31,172.3
449.1
30,723.1
1,841.6
10,808.6
9,643.2
770.6
(648.3)
1,043.1

193,811.6

159,925.2

42,661.0
20,794.8
20,513.7
1,170.2
182.2
39,450.7
21,619.2
21,619.2
568.3
17,263.3
15,073.9
677.8
(44.5)
1,556.1
188,657.7

45,070.7
20,794.8
22,879.9
1,202.0
194.0
33,509.4
8,195.3
0.7
8,194.7
6,710.5
18,603.6
15,140.3
691.6
1,152.1
1,619.7
195,770.7

Return to Menu
Table A.2.3.1: Non Interest Banks' Statement of Assets/Liabilities - Assets (N' Million)
ASSETS
RESERVES
Currency
Deposits with CBN:
[i] Reserve Requirements
[ii] Current Accounts
[iii] Other Deposit
CLAIMS ON CENTRAL BANK
[i]Stabilization Securities
[ii] CBN Bills
[iii] Shortfall/excess credit/others
FOREIGN ASSETS
Foregn Currency Holdings
Claims on Non-resident Banks:
[i] Balances held with banks outside Nigeria
[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
Treasury Bills / Treasury Bills Rediscounted
Treasury Certificates
FGN Bonds
Loans & Advances to Central Government
Bankers Unit Fund
CLAIMS ON STATE & LOCAL GOVERNMENT
Loans & Advances to State Government
Loans & Advances to Local Government
State Bonds
Local Govt. Bond
CLAIMS ON OTHER PRIVATE SECTOR
Loans & Advances to Other Customers (Gross)
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
Fixed Assets
Non current Assets
Domestic Inter-Bank Claims:
[i] Bills Discounted from Banks in Nigeria
[ii] Money at call with Banks
[iii] Inter-bank Placements
[iv] Balances held with banks in Nigeria
[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:
Receivables
Pre-payments
Bills Payable
Suspense
Sundry Debtors
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)
TOTAL

ASSETS:
of which AMCON Bonds

Note: Non Interest Banking was introduced in 2012


2
3

Revised

Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop g

ities - Assets (N' Million)


2012
2,590.94
382.48
2,208.46
1,248.27
960.19

2013
16,263.62
947.58
15,316.04
3,209.08
12,106.96

2,184.56

1,904.80

2,184.56
2,184.56
-

1,904.80
1,904.80
-

275.98
275.98
-

2,493.99
2,493.99
-

1,000.00
1,000.00
-

9,512.62
9,512.62
-

March
16,805.85
1,132.04
15,673.81
4,469.83
11,203.97
-

2014 2
June
September
11,753.53
8,825.92
866.63
717.64
10,886.90
8,108.28
5,262.56
5,635.23
5,624.34
473.05
2,000.00
-

2,490.36
166.71
2,323.65
2,323.65
-

2,818.80
335.70
2,483.10
2,483.10
-

4,167.82
86.16
4,081.66
4,081.66
-

1,000.00
1,000.00
-

2,400.00
2,400.00
-

2,400.00
2,400.00
-

11,314.23
11,314.23
-

13,735.29
13,735.29
-

17,875.41
17,875.41
-

8,261.92
615.92

4,893.62
1,153.01

5,210.93
5,210.93
2,435.06
1,578.63
225.71
576.75
53.98
-

1,126.50
1,126.50
2,614.11
1,849.59
264.27
116.54
84.18
-

15,807.38
-

5,268.35
1,475.95
53.57
820.71
820.71
2,918.13
276.95
332.02
152.76
337.93
205.77
-

299.54

1,612.70

33,574.66
-

36,878.78
-

with IFRS as reported in FinA stop gap.

5,917.99
1,584.51
61.40
817.29
817.29
3,454.78
399.56
320.04
107.95
337.93
201.10
2,088.19
-

9,270.43
1,441.10
82.63
1,000.93
1,000.93
6,745.78
367.48
456.99
163.58
991.01
259.71
4,507.01
-

36,625.60
-

42,539.58
-

December
8,993.26
1,177.63
7,815.63
6,668.94
1,146.69
-

March
12,279.52
1,267.17
11,012.35
7,536.04
3,476.30
###
###
###
###

2015 3
June
September
12,279.52
16,929.13
1,267.17
1,792.60
11,012.35
15,136.52
7,536.04
11,882.06
3,476.30
3,254.46
-

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

3,311.35
163.51
3,147.84
3,147.84
-

1,546.58
259.99
1,286.59
1,286.59
-

1,546.58
259.99
1,286.59
1,286.59
-

1,366.07
150.61
1,215.46
1,215.46
-

1,401.28
131.29
1,269.99
1,269.99
###
###
###

2,400.00
2,400.00
-

1,362.72
###
1,362.72
###
###

1,362.72
1,362.72
-

1,283.98
1,283.98
-

1,242.40
###
###
1,242.40
###
###

21,517.18
21,517.18
-

###
###
###
###
###
22,738.84
22,738.84
###
###
###
###

22,738.84
22,738.84
-

24,890.84
24,890.84
-

###
###
###
###
###
26,262.25
26,262.25
###
###
###
###
###

###
###
###
###
###
###
###
###

###
###
###
###
###
###
###
###
###

###

###
###

8,661.86
2,132.30
63.91
923.31
923.31
5,542.33
331.76
432.81
122.97
991.01
271.30
3,392.49
44,883.65
-

8,900.58
5,080.60
57.77
657.78
###
###
###
657.78
###
###
###
###
###
3,104.42
758.53
418.27
###
50.53
###
266.84
###
###
619.24
###
###
46,828.24
-

8,900.58
5,080.60
57.77
657.78
657.78
3,104.42
758.53
418.27
50.53
991.01
266.84
619.24
-

10,388.49
3,381.80
55.27
707.94
707.94
6,243.48
2,242.91
532.17
137.58
1,566.00
263.25
1,501.57
-

8,701.86
2,831.81
77.33
596.70
###
###
###
596.70
###
###
###
###
###
5,196.02
263.24
422.09
###
242.30
###
288.77
###
###
2,413.60
###
###

46,828.24
-

54,858.51
-

55,644.72
###

Return to Menu
Table A.2.3.2: Non Interest Banks' Statement of Assets/Liabilities - Liabilities (N' Million)
LIABILITIES
DEMAND DEPOSITS
Private Sector Deposits
State Government Deposits
Local Government Deposits
TIME, SAVINGS & FOREIGN CURRENCY DEPOSITS
Time Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits
Savings Deposits:
Private Sector Deposits
State Government Deposits
Local Government Deposits

2012
2,994.0
2,994.0
796.5
796.5
796.5
-

FOREIGN CURRENCY DEPOSITS


[i] Private Sector Foreign Currency Deposits
[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


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

CREDIT FROM CENTRAL BANK

Loans & Advances from CBN


CBN Overdrafts to banks
CAPITAL ACCOUNTS:
Capital
Reserve Fund
Reserves for Depreciation & non-performing assets
Loans & Advances from Federal and State Government
Total Loans/Lease Loss Provision
UNCLASSIFIED LIABILITIES:
Inter-bank liabilities
[i] Balances held for banks in Nigeria
[ii] Money at call from banks in Nigeria
[iii] Inter-bank takings
[iv] Uncleared effects
[v] Loans & Advances from other banks in Nigeria
[vi] Bankers payments
Loans & Advances from Other creditors
Letters of Credit
Takings from Discount Houses
Other Liabilities:
Accounts Payables
Suspense Account
Provision for Tax Payments
Sundry Creditors
Forex rev reserves Current Year Unaudited Profit with OCI
Deposit for shares
Other Impairment /Provision for Bad Debt
domestic & foreign (miscellaneous)
Miscellaneous
TOTAL LIABILITIES:

2,967.0
4,014.4
(1,047.5)
9,049.9
9,049.9
465.7
136.4
16.9
57.8
8,373.2
15,807.4

Note: Non Interest Banking was introduced in 2012


2
3

Revised

Provisional / Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in FinA stop g

- Liabilities (N' Million)


2013
7,699.5
7,664.0
35.5
-

March
23,030.11
23,030.11
-

13,465.0
13,133.0
13,133.0
-

1,190.04
1,190.04
1,190.04
-

2014 2
June
September
23,533.06
26,958.06
23,533.06
26,958.06
-

December
27,528.98
27,528.98
-

332.0
332.0

756.7
756.7
-

10,745.0
11,747.3
(1,104.5)
102.2

10,904.02
11,747.30
(1,222.99)
379.71
-

10,870.28
11,747.30
(1,318.22)
441.20
-

10,929.95
11,747.30
(1,279.19)
461.84
-

11,608.28
11,747.30
(1,134.60)
995.58
-

908.4
908.4
848.7
34.0
21.1
4.6
33,574.7

1,754.62
191.70
191.70
404.43
1,158.49
137.91
11.80
21.56
111.14
876.09

2,222.26
187.18
187.18
643.28
1,391.80
289.69
10.20
14.68
133.35
943.88

4,651.57
399.22
399.22
2,376.33
1,876.02
188.51
52.46
19.93
352.05
1,263.06

5,746.39
167.37
167.37
2,343.62
3,235.40
129.46
50.69
20.75
470.67
2,563.83

36,878.78

36,625.60

42,539.58

44,883.65

FRS as reported in FinA stop gap.

March

June
-

2015 3
September
-

December
-

13,867.23
12,997.87
12,997.87
-

13,867.23
12,997.87
12,997.87
-

38,319.07
37,130.48
37,130.48
-

39,724.26
38,550.25
38,550.25
-

869.36
869.36
-

869.36
869.36
-

1,188.59
1,188.59
-

1,174.02
1,174.02
-

29,867.77
11,747.30
(1,146.98)
19,267.45
-

29,867.77
11,747.30
(1,146.98)
19,267.45
-

12,858.96
11,829.70
(266.00)
1,295.26
-

12,486.73
11,829.70
(679.43)
1,336.46
-

3,093.24
199.44
199.44
729.34
2,164.46
209.42
69.68
19.88
467.98
1,397.50

3,093.24
199.44
199.44
729.34
2,164.46
209.42
69.68
19.88
467.98
1,397.50

3,680.48
373.90
373.90
234.91
3,071.67
233.92
58.43
21.94
532.83
2,224.55

3,433.73
221.87
221.87
250.38
2,961.48
94.14
239.35
62.19
879.09
1,686.72

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)
Period
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008

Agriculture,
Forestry
and Fishery
0.6
0.8
0.9
1.1
1.3
1.8
2.4
3.1
3.5
4.2
5.0
7.0
10.8
17.8
25.3
33.3
27.9
27.2
31.0
41.0
55.8
59.8
62.1
67.7
48.6
49.4
149.6
106.4

P r o d u c t i o n
Mining
Real
and Quarying
Estate and
Construction
2.7
0.1
1.8
3.0
0.1
2.1
3.1
0.1
2.3
3.1
0.2
2.4
3.2
0.2
2.5
4.5
0.2
2.8
5.0
0.2
2.9
6.1
0.2
3.0
6.7
0.3
3.2
7.9
0.4
3.2
10.9
0.5
3.6
15.4
0.8
4.1
23.1
1.4
5.4
34.8
58.1
12.1
72.2
15.0
82.8
20.6
96.7
22.8
115.8
24.7
141.3
32.3
206.9
70.5
233.5
70.2
294.3
96.0
332.1
131.1
352.0
172.5
445.8
251.5
487.6
490.7
932.8
846.9
466.8

Manufacturing

Bills
Discounted

General
Domestic
Trade

0.8
1.1
1.1
1.2
1.4
1.7
2.0
2.3
2.7
2.8
3.0
3.7
10.0

0.3
0.1
0.7
-

Co

2009
2010
2011
2012
2013

135.7
128.4
255.2
316.4
343.7

993.5
987.6
1,053.2
1,068.3
1,179.7

1,190.7
1,178.1
1,295.3
1,771.5
2,155.9

778.1
670.3
453.5
539.8
726.9

Industry
Agriculture
2014
Q1
Q2
Q3
Q4
2015
Q1
Q2
Q3
Q4

Mining &
Quarrying

Manufacturing

Oil & Gas

Power &
Energy

Construction

333.6
400.3
394.8
478.9

45.6
14.2
14.5
18.2

1,309.0
1,425.6
1,475.4
1,647.5

1,400.5
1,411.9
1,652.4
2,047.2

242.1
248.3
247.8
276.1

384.0
468.9
411.3
556.2

466.4
484.9
469.9
449.3

222.3
17.9
12.1
11.7

1,878.1
1,909.5
1,958.5
1,736.2

2,153.2
2,058.7
2,241.3
2,272.8

282.7
353.9
359.6
340.3

585.5
641.3
554.3
531.7

Source : Computed from Deposit Money Banks' Returns


Note: Effective March 2014, the DMBs figures are in compliance with IFRS
2
Revised

eneral

Commerce
Exports

Services
Imports

0.1
0.2
0.1
0.1
0.1
0.3
0.5
0.5
0.6
0.7
0.9
1.3
1.6
7.6
19.4
33.0
16.4
29.8
18.8
25.3
34.5
26.7
34.5
31.3
26.4
52.7
66.6
75.2

Public
Utilities
0.5
0.6
0.5
0.5
0.5
0.7
0.6
0.8
0.9
1.0
1.0
1.6
1.9

144.9

0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.3
0.2
0.2
0.2
0.3
0.5
45.8

Transport and
Communications
0.6
0.7
0.7
0.7
0.7
0.7
0.8
0.9
0.8
0.9
1.1
1.3
2.2
1,304.9

Credit to
financial
Institutions
0.4
0.4
0.8
0.8
0.5
0.8
1.1
0.2
0.5
0.7
0.8
1.1
1.8
539.1

Government
0.3
0.4
0.6
0.6
0.6
0.5
0.6
0.8
0.8
1.2
1.0
1.2
1.7
714.5

O t h e r s
Personal
and
Professional
0.3
0.6
0.8
1.2
1.3
1.7
2.2
-

45.9
44.8
36.2
65.6
3.9
Trade/General
Commerce

1,199.2
898.4
755.7
691.0
762.8

74.8
50.6
68.5
29.3
215.2

776.6
821.0
1,267.0
966.3
1,392.0

1,230.6
871.4
303.3
249.1
322.9

352.2
374.4
499.5
632.8
718.7

Services
Government

Real Estate

Finance, Insurance &


Capital Market

Education

Oil & Gas

Power and Energy

705.8
807.7
658.1
1,045.2

725.5
816.3
768.7
732.0

427.4
456.0
443.2
551.4

425.9
471.2
540.4
763.4

56.3
75.8
70.9
86.0

906.6
1,065.9
1,005.8
1,098.9

122.9
125.2
124.9
150.9

1,250.7
1,058.7
1,030.0
985.7

766.3
696.9
618.4
922.9

615.3
548.2
637.7
692.2

757.3
811.9
790.2
791.4

79.7
64.6
79.1
74.2

1,073.5
1,147.2
1,212.1
1,155.5

163.9
161.2
169.4
162.4

t h e r s
Miscellaneous
0.2
0.8
0.7
0.7
0.8
1.3
0.6
0.6
0.7
1.1
1.4
2.0
5.3
34.0
29.7
15.9
237.8
96.4
132.5
268.4
428.4
564.4
723.2
957.0
1,377.2
1,724.9
3,619.1
2,622.1

Total

8.6
10.3
11.1
11.5
12.2
15.7
17.5
19.6
22.0
26.0
31.3
42.7
65.7
94.2
144.6
169.4
385.6
272.9
322.8
508.3
796.2
954.6
1,210.0
1,519.2
1,976.7
2,524.3
4,813.5
7,799.4

2,134.9
1,681.3
1,325.4
1,870.1
2,183.9

Others

8,912.1
7,706.4
7,312.7
8,150.0
10,005.6

Total

3,654.1
3,339.9
3,336.6
3,437.5

10,739.4
11,127.1
11,144.8
12,889.4

3,062.2
3,478.3
2,881.3
2,959.8

13,357.1
13,433.4
13,013.9
13,086.2

Return to Menu
Table A.2.5.1: Money Market Interest Rates (Per cent)

Period
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Monetary Policy
Minimum
Rate
Rediscount
Rates
6.00
8.00
8.00
10.00
10.00
10.00
12.75
12.75
18.50
18.50
15.50
17.50
26.00
13.50
13.50
13.50
13.50
13.50
18.00
14.00
20.50
16.50
15.00
15.00
13.00
10.00
9.50
9.75
6.00
6.25
12.00
12.00

Central Bank
Treasury
Bill Rate
5.00
7.00
7.00
8.50
8.50
8.50
11.75
11.75
17.50
17.50
15.00
21.00
26.90
12.50
12.50
12.25
12.00
12.95
17.00
12.00
12.95
18.88
15.02
14.21
7.00
8.80
6.91
9.55 - 4.50
1.30 - 6.13
0.95 - 10.25
5.56 - 16.75
10.00 - 17.20

Treasury Certificates1
One Year
Two Year
Maturity
Maturity
5.50
6.00
7.50
8.00
7.50
8.00
9.00
9.50
9.00
9.50
9.00
9.50
12.25
12.75
12.25
12.75
16.38
17.75
18.20
18.50
15.00
15.50
22.00
23.00
27.40
27.80
13.00
13.00
13.00
13.50

Depo
3 Months
5.50
7.25
7.25
9.75
9.25
9.25
14.90
13.40
18.90
19.60
15.71
20.80
23.60
15.00
13.62
12.94
7.04
10.20
12.68
10.60
10.20
16.31
14.31
13.69
10.53
9.75
10.29
11.95
12.96
6.52
5.69
8.40

2013
2014
Q1
Q2
Q3
Q4
2015
Q1
Q2
Q3
Q4

12.00
13.00
12.00
12.00
12.00
13.00
11.00
13.00
13.00
13.00
11.00

7.50
8.00
10.00
8.50
8.00
8.00
2.00
9.00
7.50
8.00
2.00

13.34
15.99
13.60
13.04
10.35
15.99
15.90
15.90
14.15
14.71
12.50

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.

7.94
9.34
9.41
9.37
9.07
9.50
9.15
9.40
9.28
10.40
7.51

Deposit Money Banks


Deposit Rates ( Period Weighted Average)
Over 12
6 Months
12 Months
Months
6.00
6.25
6.50
7.50
7.75
8.00
7.50
7.75
8.00
9.50
9.75
10.00
9.50
9.75
10.00
9.50
9.75
10.00
15.30
15.10
15.80
12.10
13.70
14.30
21.60
21.40
21.20
20.50
22.10
23.00
17.09
20.10
20.10
22.30
22.10
20.50
23.26
23.99
28.02
15.00
15.00
15.00
13.65
13.96
14.27
13.21
13.43
13.55
7.49
7.46
7.43
10.50
9.98
10.09
12.75
12.59
14.30
10.27
10.67
10.44
10.50
9.98
10.09
16.99
16.50
15.57
13.07
13.04
11.88
12.47
13.32
12.21
10.38
10.82
8.68
9.33
8.35
8.26
9.74
8.10
9.49
11.85
11.84
11.95
13.03
12.85
12.63
6.28
5.67
7.19
4.90
4.70
6.30
7.85
7.18
7.63

7.47
9.60
9.71
9.78
9.22
9.68
9.15
9.69
9.21
10.84
6.85

5.54
9.16
9.21
9.39
8.63
9.40
8.68
9.47
8.16
11.28
5.80

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 o


Period
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Q1
Q2
Q3
Q4
2015
Q1
Q2
Q3
Q4

Savings
6.00
7.50
7.50
9.50
9.50
9.50
14.00
14.50
16.40
18.80
14.29
16.10
16.66
13.50
12.61
11.69
4.80
5.49
5.33
5.29
5.49
4.15
4.11
4.19
3.83
3.14
3.55
2.84
2.68
2.21
1.41
1.70
2.17
3.38
3.30
3.42
3.36
3.44
3.58
3.57
3.60
3.66
3.50

Source: Central Bank of Nigeria


Notes: 1Formerly referred to as First Class Advances
Universal Banking was adopted in 2001, hence Commercial & Merchant Banks be
Effective March 2014, DMBs Numbers are in compliance with IFRS as reported in F

age Deposit and Lending Rates of Commercial Banks (Per Cent)


Prime1
7.75
10.25
10.00
12.50
9.25
10.50
17.50
16.50
26.80
25.50
20.01
29.80
18.32
21.00
20.18
19.74
13.54
18.29
21.32
17.98
18.29
24.85
20.71
19.18
17.95
17.26
16.94
15.14
18.99
17.59
16.02
16.79
16.72
16.55
16.85
16.57
16.49
16.28
16.85
16.84
16.42
17.20
16.93

2001, hence Commercial & Merchant Banks became Deposit Money Banks (DMBs)
ers are in compliance with IFRS as reported in FinA stop gap.

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

Return to Menu

Table A.2.5.3: Selected Financial Ratios of Commercial Banks (Percentage


Period

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Q1
Q2
Q3
Q4
2015
Q1
Q2
Q3
Q4

Liquidity Ratio1
Prescribed
Actual
Minimum
38.5
40.5
54.7
65.1
65.0
36.4
46.5
45.0
40.3
44.3
38.6
29.1
42.2
48.5
33.1
43.1
40.2
46.8
61.0
64.1
52.9
52.5
50.9
50.5
50.2
55.7
48.8
40.0
44.3
35.0
30.7
25.0
30.4
25.0
42.0
30.0
49.7
30.0
63.2
30.0

Cash Reserve Ratio2


Prescribed

3.0
1.3
1.0
8.0
12.0
12.0

37.9
35.9
41.1
38.3

30.0
30.0
30.0
30.0

15.0
15.0
15.0
20.0

38.4
37.9
39.7
42.3

30.0
30.0
30.0
30.0

20.0
31.0
25.0
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.

mercial Banks (Percentage)


Cash Reserve Ratio2
Prescribed (Public Sector Funds)

50.0

Loan-to-Deposit Ratio3
Prescribed
Actual
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

75.0
75.0
75.0
75.0

58.1
58.7
66.5
64.2

80.0
80.0
80.0
80.0

75.0
31.0
25.0
20.0

66.1
67.8
70.7
69.6

80.0
80.0
80.0
80.0

tal current liabilities


total deposit liabilities
o total deposit liabilities
h IFRS as reported in FinA stop gap.

Return to Menu
Table A.2.6: Deposits and Loans of Rural Branches of Commercial Banks
Year/Quarter

Deposits

1982

111.7

1983

131.2

1984

276.6

1985

311.4

1986

873.5

1987

1,229.2

1988

1,378.4

1989

5,722.0

1990

8,360.1

1991

10,580.7

1992

4,612.2

1993

19,542.3

1994

4,855.2

1995

8,807.1

1996

12,442.0

1997

19,047.6

1998

18,513.8

1999

15,860.5

2000

20,640.9

2001

16,875.9

2002

14,861.6

2003

20,551.8

2004

64,490.0

2005

18,461.9

2006

3,118.6

2007

3,082.3

2008

13,411.8

2009

3,296.2

2010

20.8

2011

20.2

2012

19.7

2013

20.5

2014
Q1

130.8

Q2

493.7

Q3

480.7

Q4

480.3

2015
Q1

Q2

89,029.6

Q3

68,891.3

Q4

90,374.1

Source : Central Bank of Nigeria


Note: Rural banking started in 1977

s of Commercial Banks (N' Million)


Loans
35.9
44.2
58.2
114.9
373.6
492.8
659.9
3,721.1
4,730.8
5,962.1
1,895.3
10,910.4
1,602.2
8,659.3
4,411.2
11,158.6
11,852.7
7,498.1
11,150.3
12,341.0
8,942.2
11,251.9
34,118.5
16,105.5
24,274.6
27,263.5
46,521.5
15,590.5
16,556.0
19,980.3
22,580.0
739,923.3

791,950.8
827,552.4
867,700.1
988,587.9
41,928.1
38,976.4
34,695.1
29,169.2

Return to Menu

Table A.2.7.1: Number of Commercial Banks Branches in Nigeria and Abr


Period

Branches
Rural

Number
of Banks

Urban

1981

20

622

240

1982

22

676

308

1983

25

694

407

1984

27

810

432

1985

28

839

451

1986

29

879

481

1987

34

947

529

1988

42

1057

602

1989

47

1093

756

1990

58

1169

765

1991

65

1253

765

1992

65

1495

774

1993

66

1577

775

1994

65

1634

763

1995

64

1661

701

1996

64

1727

675

1997

64

1727

675

1998

54

1466

714

1999

54

1466

714

2000

54

1466

722

2001

90

1466

722

2002

90

2283

722

2003

90

2520

722

2004

89

2765

722

2005

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

n Nigeria and Abroad


Branches
Abroad1

Total

869

991

1108

1249

1297

1367

1483

1665

1855

1939

2023

2275

2358

2403

2368

2407

2407

2185

2185

2193

2193

3010

3247

3492

solidation of banks

Return to Menu

Number of Deposit Money Banks Branches in Nigeria by State1

Table A.2.7.2: Number of Deposit Money Banks Branches in Nigeria (by States) and Abroad
Number of Banks
Branches Abroad2
Abia
Abuja(FCT)
Adamawa
Akwa-Ibom
Anambra
Bauchi
Bayelsa
Benue
Borno
Cross-River
Delta
Ebonyi
Edo
Ekiti
Enugu
Gombe
Imo
Jigawa
Kaduna
Kano
Katsina
Kebbi
Kogi
Kwara
Lagos
Nasarawa
Niger
Ogun
Ondo
Osun
Oyo

2006

2007

2008

2009

2010

2011

2012

2013

25
2
104
163
39
60
121
35
28
39
61
36
98
15
109
31
90
25
37
19
126
130
33
21
27
39
1038
19
46
52
87
38
112

24
7
111
219
52
78
174
45
31
53
57
52
129
22
118
54
93
29
57
29
133
130
41
31
64
70
1407
27
51
122
91
81
163

24
8
138
283
58
85
212
50
37
61
68
63
174
28
163
67
120
33
84
34
157
160
50
35
68
67
1551
40
69
139
107
93
191

24
2
141
361
63
99
217
51
38
71
71
71
193
32
175
58
130
40
104
35
164
183
57
36
81
72
1690
48
75
149
109
92
220

24
2
146
398
67
99
237
53
37
75
79
79
198
35
183
80
141
40
104
39
183
193
62
40
80
79
1766
58
80
175
121
105
236

24
2
125
359
79
92
222
50
37
57
68
76
177
45
162
60
116
36
97
37
170
186
55
40
77
139
1453
51
76
402
109
118
203

21
2
138
379
63
100
228
46
37
73
71
76
194
33
188
64
142
36
100
36
169
183
58
37
82
75
1692
49
79
161
110
101
223

24
1
147
397
61
94
224
46
38
76
69
80
198
33
192
76
147
37
102
38
171
183
59
38
84
79
1678
48
82
154
119
104
237

Numbe

Plateau
Rivers
Sokoto
Taraba
Yobe
Zamfara
Foreign
TOTAL

77
179
46
16
22
15

65
197
41
27
32
24

73
248
54
30
33
29

76
273
59
35
32
35

79
302
53
37
35
35

72
246
53
41
35
33

77
310
52
35
33
34

75
311
52
35
35
40

3233

4200

4952

5436

5809

5454

5564

5639

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

and Abroad
2014

2015

24
1
144
380
47
92
219
47
38
67
83
79
178
59
144
91
158
43
110
63
154
174
73
95
88
104
1443
68
67
137
106
101
347

25
2
135
369
47
103
218
48
38
63
72
74
180
61
165
87
151
41
105
66
164
170
78
37
80
101
1486
69
65
142
101
99
343

75
292
43
40
38
39
5526

71
275
45
40
41
38
2
5470

Return to Menu
Table A.2.8: Commercial Banks' Loans to Small Scale Enterprises1
Period

Commercial Banks Loans


To Small Scale
Enterprises (N' Million)

1992

20,400.0

1993

15,462.9

1994

20,552.5

1995

32,374.5

1996

42,302.1

1997

40,844.3

1998

42,260.7

1999

46,824.0

2000

44,542.3

2001

52,428.4

2002

82,368.4

2003

90,176.5

2004

54,981.2

2005

50,672.6

2006

25,713.7

2007

41,100.4

2008

13,512.2

2009

16,366.5

2010

12,550.3

2011

15,611.7

2012

13,863.5

2013

15,353.0

2014
Q1

21,653.6

Q2

16,007.7

Q3

15,966.6

Q4

16,069.3

2015
Q1

9,881.5

Q2

10,155.9

Q3

12,244.4

Q4

12,949.5

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 enterp
by Nigerians took effect from October 1, 1996
Small Scale Enterprises started in 1992

o Small Scale Enterprises1


Commercial Banks
Total Credit to Private
Sector (N' Million)

Commercial Banks Loans


To Small Scale Enterprises as
Percentage of Total Credit (%)

75,456.3

27.0

88,821.0

17.4

143,516.8

14.3

204,090.6

15.9

254,853.1

16.6

311,358.4

13.1

366,544.1

11.5

449,054.3

10.4

587,999.9

7.6

844,486.2

6.2

948,464.1

8.7

1,203,199.0

7.5

1,519,242.7

3.6

1,991,146.4

2.5

2,609,289.4

1.0

4,820,695.7

0.9

7,799,400.1

0.2

9,667,876.7

0.2

9,198,173.1

0.1

9,614,445.8

0.2

10,440,956.3

0.1

11,543,649.9

0.1

11,764,494.0

0.2

12,168,761.9

0.1

12,933,832.1

0.1

13,179,598.1

0.1

13,631,098.3

0.1

13,712,964.9

0.1

13,362,905.5

0.1

13,568,543.7

0.1

ons of 20% of it's total credit to small scale enterprises wholly owned

Return to Menu
Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM

1992

1993

1994

1995

1996

ASSETS :
1. Cash

0.03

0.04

0.03

0.03

0.06

2. Balance held with

0.45

0.50

0.81

0.65

0.43

(a) FMBN

0.06

0.08

0.08

0.13

0.05

(b) Other banks

0.39

0.42

0.73

0.52

0.38

3.

Treasury Bills/Certificate

0.00

0.14

0.00

0.00

0.00

4.

Placements/Investments

0.90

1.19

0.61

0.92

2.81

5.

Loans

0.21

0.33

0.56

0.39

0.75

6.

Other Assets

0.66

1.41

1.06

0.95

0.34

Total Assets

2.24

3.61

3.07

2.95

4.39

LIABILITIES :

0.00

0.00

0.00

0.00

0.00

1.

Capital

0.44

0.85

1.23

1.26

1.13

2.

Reserves

0.06

-0.06

-0.13

-0.07

-0.06

3.

Savings

0.29

0.33

0.40

0.44

0.47

4.

Fixed Deposits

0.63

1.25

0.65

0.67

2.02

5.

Balance held for other Fin. Ints.

0.34

0.57

0.21

0.14

0.43

0.49

0.68

0.71

0.51

0.40

2.24

3.61

3.07

2.95

4.39

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

145

252

279

279

278

Loans to deposits Ratio (Per Cent)

3.19

21.23

53.66

35.78

30.32

Liquidity Ratio (Per Cent)

6.91

31.82

66.97

54.43

16.61

Liquid Assets (N' Billion)

0.48

0.68

0.84

0.68

0.49

Current Liabilities (N' Billion)

6.89

2.14

1.26

1.25

2.92

Deposits (N' Billion)

6.55

1.58

1.04

1.10

2.49

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

1997

1998

1999

2000

2001

ASSETS :
1. Cash

0.04

0.05

0.05

0.05

0.06

2. Balance held with

2.47

2.66

3.30

2.98

3.31

(a) FMBN

0.08

0.09

0.09

0.09

0.09

(b) Other banks

2.39

2.57

3.22

2.90

3.22

3.

Treasury Bills/Certificate

0.00

0.00

0.00

0.00

0.00

4.

Placements/Investments

2.10

2.27

2.47

2.37

2.88

5.

Loans

0.74

0.79

0.92

0.86

1.02

6.

Other Assets

0.72

0.83

0.90

0.86

0.71

Total Assets

6.08

6.59

7.66

7.12

7.98

LIABILITIES :

0.00

0.00

0.00

0.00

0.00

1.

Capital

1.02

1.12

1.35

1.24

1.42

2.

Reserves

0.03

0.05

0.05

0.05

0.04

3.

Savings

0.56

0.63

0.68

0.66

0.73

4.

Fixed Deposits

3.61

3.71

3.91

3.81

0.63

5.

Balance held for other Fin. Ints.

0.37

0.39

0.40

0.40

0.37

0.50

0.70

1.26

0.98

0.56

6.08

6.59

7.66

7.12

3.75

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

115

115

115

115

71

Loans to deposits Ratio (Per Cent)

17.72

18.12

20.11

19.14

75.63

Liquidity Ratio (Per Cent)

55.43

57.44

67.21

62.46

195.19

Liquid Assets (N' Billion)

2.51

2.71

3.36

3.04

3.37

Current Liabilities (N' Billion)

4.53

4.73

5.00

4.86

1.73

Deposits (N' Billion)

4.17

4.34

4.60

4.47

1.35

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

2002

2003

2004

0.41

0.81

0.73

23.03

45.00

40.68

0.68

1.33

1.20

22.35

43.67

39.47

ASSETS :
1. Cash
2. Balance held with
(a) FMBN
(b) Other banks
3.

Treasury Bills/Certificate

0.00

0.00

0.00

4.

Placements/Investments

18.28

2.40

32.29

5.

Loans

6.60

12.90

6.00

6.

Other Assets

6.67

3.30

1.50

Total Assets

55.00

64.40

81.20

LIABILITIES :

0.00

0.00

0.00

1.

Capital

9.55

2.70

1.80

2.

Reserves

0.38

0.25

3.62

3.

Savings

5.06

3.34

48.28

4.

Fixed Deposits

29.43

32.80

16.30

5.

Balance held for other Fin. Ints.

3.05

2.01

9.40

7.53

23.30

1.80

55.00

64.40

81.20

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

80

81

83

Loans to deposits Ratio (Per Cent)

19.14

35.69

9.29

Liquidity Ratio (Per Cent)

62.46

120.06

55.97

Liquid Assets (N' Billion)

23.45

45.80

41.41

Current Liabilities (N' Billion)

37.54

38.15

73.98

Deposits (N' Billion)

34.48

36.14

64.58

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

2005

2006

2007

2008

0.92

0.98

0.68

0.78

51.50

50.84

29.28

102.82

1.52

1.51

0.87

29.15

49.97

49.33

28.41

73.66

ASSETS :
1. Cash
2. Balance held with
(a) FMBN
(b) Other banks
3.

Treasury Bills/Certificate

0.00

0.00

0.00

0.00

4.

Placements/Investments

40.88

40.36

149.09

69.83

5.

Loans

2.10

7.56

40.76

108.53

6.

Other Assets

4.50

14.73

82.47

47.63

Total Assets

99.90

114.45

302.28

329.59

LIABILITIES :

0.00

0.00

0.00

0.00

1.

Capital

1.90

12.57

27.99

49.18

2.

Reserves

4.86

0.65

12.19

20.92

3.

Savings

64.84

8.72

0.00

0.00

4.

Fixed Deposits

13.20

74.21

155.91

166.23

5.

Balance held for other Fin. Ints.

11.80

5.26

8.68

46.77

3.30

12.99

97.50

46.48

99.90

114.40

302.28

329.59

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

90

91

93

82

2.69

9.12

26.14

65.29

Liquidity Ratio (Per Cent)

58.35

58.75

18.20

48.64

Liquid Assets (N' Billion)

52.42

51.81

29.96

103.60

Current Liabilities (N' Billion)

89.84

88.19

164.60

213.00

Deposits (N' Billion)

78.04

82.93

155.91

166.23

Loans to deposits Ratio (Per Cent)

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

2009

2010

2011

0.97

1.28

1.51

75.99

85.62

58.77

(a) FMBN

30.78

31.38

16.10

(b) Other banks

45.21

54.24

42.68

ASSETS :
1. Cash
2. Balance held with

3.

Treasury Bills/Certificate

0.00

0.00

0.00

4.

Placements/Investments

61.19

66.99

89.70

5.

Loans

118.59

132.88

122.81

6.

Other Assets

72.87

72.05

69.35

Total Assets

329.61

358.81

342.14

LIABILITIES :

0.00

0.00

0.00

1.

Capital

58.24

62.39

65.00

2.

Reserves

22.79

21.17

9.43

3.

Savings

0.00

0.00

0.00

4.

Fixed Deposits

148.10

186.95

163.20

5.

Balance held for other Fin. Ints.

44.42

49.60

54.33

56.07

38.71

50.19

329.61

358.81

342.14

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

98

102

102

Loans to deposits Ratio (Per Cent)

80.07

71.08

75.25

Liquidity Ratio (Per Cent)

39.98

36.74

27.71

Liquid Assets (N' Billion)

76.96

86.90

60.28

Current Liabilities (N' Billion)

192.51

236.55

217.52

Deposits (N' Billion)

148.10

186.95

163.20

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

2012

2013

1.22

0.12

64.47

65.06

(a) FMBN

12.84

9.86

(b) Other banks

51.63

55.21

ASSETS :
1. Cash
2. Balance held with

3.

Treasury Bills/Certificate

0.00

0.00

4.

Placements/Investments

99.42

83.34

5.

Loans

120.91

132.29

6.

Other Assets

62.12

93.81

Total Assets

348.14

374.63

LIABILITIES :

0.00

0.00

1.

Capital

62.86

74.51

2.

Reserves

11.74

8.67

3.

Savings

0.00

0.00

4.

Fixed Deposits

171.08

164.93

5.

Balance held for other Fin. Ints.

47.60

53.96

54.85

73.83

348.14

375.89

6. Other Liabilities
Total Liabilities

Number of Reporting PMI

82

Loans to deposits Ratio (Per Cent)

70.67

80.21

Liquidity Ratio (Per Cent)

30.04

29.78

Liquid Assets (N' Billion)

65.69

65.19

Current Liabilities (N' Billion)

218.69

218.89

Deposits (N' Billion)

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

ASSETS :

ASSETS :

1. Cash

Cash at hand

2. Balance held with

Balances with Banks

(a) FMBN

Placements with Banks

(b) Other banks

Investments

3.

Treasury Bills/Certificate

Other Loans & Advances

4.

Placements/Investments

Mortgage Loans

5.

Loans

Other Assets

6.

Other Assets

Fixed Assets

Total Assets

Total Assets

LIABILITIES :
1.

Capital

Paid - Up Capital

2.

Reserves

Reserves

3.

Savings

Published Current Year Profit/Loss

4.

Fixed Deposits

Deposits

5.

Balance held for other Fin. Ints.

Placements from Banks

6. Other Liabilities
Total Liabilities

Long Term Loans


NHF Loans
Other Liabilities

Number of Reporting PMI


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

Total Liabilities

Return to Menu
Table A.3.1: Summary of Assets & Liabilities of
Primary Mortgage Institutions (N' Billions)
ITEM

2014

2015

1. Cash

0.29

0.29

2. Balance held with

5.76

14.93

(a) FMBN

33.16

38.32

(b) Other banks

18.78

23.99

3.

Treasury Bills/Certificate

14.24

27.78

4.

Placements/Investments

47.68

74.23

5.

Loans

50.97

74.09

6.

Other Assets

11.91

17.97

182.79

271.53

ASSETS :

Total Assets
LIABILITIES :
1.

Capital

58.45

78.47

2.

Reserves

13.19

34.29

3.

Savings

-1.16

-1.15

4.

Fixed Deposits

51.55

73.72

5.

Balance held for other Fin. Ints.

2.14

2.80

5.45

4.31

21.96

29.45

31.20

49.64

6. Other Liabilities
Total Liabilities

Number of Reporting PMI


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

182.79

271.53

Return to Menu
Table A.3.2: Summary of Assets/Liabilities of Discount Houses - Assets (N' Million)
ASSETS

1993

1994

1995

1996

1997

CASH AND BALANCES WITH BANKS

6.4

50.5

71.3

203.3

99.5

i) Cash on hand

0.1

0.2

0.2

0.3

0.4

15.4

(2.3)

0.0

6.3

34.9

73.4

203.0

99.1

CLAIMS ON FEDERAL GOVERNMENT

4,213.2

7,126.2

1,552.6

6,479.9

1,506.4

i) Treasury

4,213.2

7,125.9

1,552.6

6,479.7

1,499.2

ii) Balances with CBN


iii) Balances with other banks

Bills

a) Pledges

668.2

4,621.1

1,287.0

b) Unpledged

884.5

1,858.6

212.2

c) Bill with PDO (CBN)

ii) Treasury Certificate Maturing


a)

Within 1 year

b)

1-2 years

a) Pledges

b) Unpledged

iv) Eligible Development Stock

0.3

0.2

7.2

CLAIMS ON STATE GOVERNMENTS

iii) Treasury Bonds

i) State Promissory Notes


ii Eligible State Bonds
CLAIMS ON BANKS

138.7

2,308.1
232.0

471.1
-

2,522.2

3,082.0

179.6

115.0

i) Money at Call

ii) Loans and Advances

11.0

1,583.8

78.0

iii) Commercial Bills:

460.1

693.8

2,789.0

a)

Bankers Acceptances

b)

Promissory Notes

c)

Negotiable Certificate of Deposit

d) Stabilisation Securities

138.4

iv) Others

65.0

100.0

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

CLAIMS ON OTHERS

915.8

1,890.7

1,777.6

Commercial Bills

915.8

1,865.7

1,580.0

Loans and Advances

Others (CBN Certificate)

CLAIMS ON OTHER FINANCIAL INSTITUTIONS

Others

OTHER ASSETS
FIXED ASSETS
TOTAL ASSETS
ASSETS ON REPURCHASE TRANSACTION

138.7

103.5
4,461.8

2,076.1

410.1
50.0

98.4

2,789.0

0.1

25.0

197.6

89.3

207.9

335.7

79.7

135.7

174.8

3,431.9

11,778.4

6,976.1

9,583.2

555.4

12,190.1

32,426.9

35,010.9

Treasury Bills

7,012.9

24,955.3

14,300.6

Treasury Bills (Bonds)

Fixed Buy Back Repo

Eligible Commercial Bills

5,177.2

7,471.6

Treasury Bills Repo with CBN

Treasury Bills Repo with other Discount House

20,710.3

Source: Central Bank of Nigeria


Note: 1A new reporting format was introduced in June 1995

1998

1999

2000

2001

2002

2003

2004

2005

611.9

404.5

617.3

2,227.4

740.9

1,064.9

(9.3)

(4,232.6)

0.8

2.5

2.1

7.6

1.0

1.1

1.0

0.9

0.1

43.7

887.6

5.3

1.0

(4,636.0)

(11.3)

402.5

611.0

402.0

571.5

1,332.2

739.9

1,058.5

3,038.7

8,905.1

15,292.3

13,098.2

32,771.4

26,145.3

42,297.9

64,885.7

3,031.7

5,413.0

15,292.3

13,098.2

32,771.4

23,740.9

38,090.6

48,477.8

2,452.0

10,022.8

16,442.4

9,529.9

9,346.3

1,900.0

579.7

5,269.5

16,329.0

14,211.0

28,744.3

46,577.8

3,492.1

2,807.3

7.0

750.0

1,000.0

2,807.3

9,507.9
9,507.9
250.0
250.0

1,400.0

6,650.0

883.9

825.4

883.9

825.4

2,145.9

3,013.7

6,399.1

9,085.4

13,171.3

18,384.1

12,663.3

20,183.1

147.7

390.0

418.0

1,887.0

1,841.6

5,421.9

4,681.5

2,206.4

330.0

1,324.0

1,450.0

707.2

1,457.2

2,293.7

4,657.1

5,748.4

5,421.8

3,238.6

1,998.2

10,407.9

17,976.7

1,998.2

2,293.7

4,657.1

5,748.4

10,407.9

5,421.8
-

3,238.6

1,221.2

4,105.1

0.2

100.0

100.0

1,442.2

1,854.3

5,723.2

4,811.0

5,036.7

3,391.9

6,249.1

6,976.9

1,237.9

1,854.3

5,723.2

2,448.3

5,036.7

3,073.9

5,752.9

6,351.3

313.6

491.9

625.6

4.4

4.3

204.3

2,362.7

399.0

567.4

1,801.8

2,738.7

5,122.7

3,137.4

4,587.6

9,868.5

214.9

304.6

427.1

393.0

439.9

607.6

673.6

696.6

7,852.6

15,049.6

30,260.8

32,353.7

57,282.9

52,731.2

67,346.2

99,303.6

59,098.5

89,336.4

126,802.3

128,995.0

99,369.7

116,192.8

113,051.1

53,278.7

19,179.3

50,910.2

50,937.8

47,716.4

58,839.1

55,235.9

51,381.9

5,658.5

1,632.0

1,005.0

33,304.2

38,914.2

4,172.0

74,232.5

81,278.6

3,107.0

15.5

33,756.0

60,941.4

3,667.6
-

60,155.8
1,372.4

13,728.4
33,891.8
-

2006

2007

2,976.8

635.6

0.9

1.5

3,286.0

(5,133.6)

(310.1)

5,767.7

101,038.2

178,572.8

70,164.7

115,365.9

8,311.0

2,500.0

61,853.7

112,865.9

12,947.0

52,517.3

6,460.0

41,398.9

6,487.0

11,118.4

1,863.7

1,863.7

16,062.8
415.6
415.6

10,689.6
-

51,827.1

86,569.3

1.8

7,000.0

1,000.0
11,886.8

79,569.3

38,938.5
-

1,784.2

1,784.2

20,348.7

21,102.5

18,791.2

15,835.2

1,557.5

5,267.2

9,175.4

9,038.0

749.5

563.6

186,531.3

298,266.0

76,393.5

256,795.7

20,885.1

134,105.6

55,508.4
-

99,604.3
23,085.8

Table A.3.2: Summary of Assets/Liabilities of Discount Houses - Assets (N' Million)


ASSETS
CASH AND BALANCES WITH BANKS

2008

2009

2010

2011

2012

7,240.0

2,398.3

5,917.8

2,415.5

4,315.2

1.3

0.7

1.0

1.5

1.3

ii) Balances with CBN

2,099.2

695.8

1,090.2

1,282.6

2,615.0

iii) Balances with other banks

5,139.5

1,701.8

4,826.6

1,131.4

1,698.8

217,303.1

230,233.2

261,044.8

223,277.5

266,823.6

45,578.1

52,366.0

60,883.4

60,768.4

124,865.7

i) Cash on hand

CLAIMS ON FEDERAL GOVERNMENT


i) Treasury

Bills

a) Pledges
b) Unpledged
c) Bill with PDO (CBN)
ii) FGN Bonds
a)

Within 1 to 3 years

b)

Over 3 years

iii) Treasury Bonds

45,578.1
-

52,366.0
-

60,883.4
-

60,768.4
-

124,865.7
-

171,725.0

177,867.2

200,161.4

162,509.1

141,957.9

47,750.9

100,069.2

57,131.7

79,374.4

36,893.7

123,974.0

77,798.0

143,029.7

83,134.7

105,064.2

a) Pledges

b) Unpledged

iv) Eligible Development Stock

CLAIMS ON STATE GOVERNMENTS

i) State Promissory Notes


ii Eligible State Bonds
CLAIMS ON BANKS
i) Money at Call
ii) Loans and Advances
iii) Commercial Bills:

155,487.8

2,150.4

1,350.0
-

5,186.8
5,186.8

5,696.4

8,767.1

10,807.4

2,549.5

10,751.9

250.0

6,700.0

5,601.2

500.0

1,019.9

2,150.4

1,350.0

20,121.9
129,764.7

5,696.4

1,523.8

a)

Bankers Acceptances

b)

Promissory Notes

c)

Negotiable Certificate of Deposit

d) Stabilisation Securities

iv) Others

Money at Call

Loans and Advances

Commercial Bills:

a) Promissory Notes

b) Negotiable Certificate of Deposit

CLAIMS ON OTHER FINANCIAL INSTITUTIONS

Others

547.2

55.5

775.7

CLAIMS ON OTHERS

23,057.7

88,269.1

60,375.6

35,048.4

35,834.6

Commercial Bills

17,529.3

67,770.2

40,134.5

12,553.2

12,992.4

4,794.3

20,863.9

19,200.8

17,899.0

14,685.8

1,040.3

4,596.2

8,156.3

Loans and Advances


Others (CBN Certificate)
OTHER ASSETS

734.1

(365.0)

13,401.0

22,250.1

23,745.4

42,436.2

26,121.0

665.0

653.1

1,207.4

1,581.3

3,378.7

TOTAL ASSETS

417,154.6

345,954.1

362,408.1

320,753.1

344,718.8

ASSETS ON REPURCHASE TRANSACTION

465,618.1

109,864.0

60,271.0

106,713.2

87,326.5

159,023.0

64,755.0

25,797.4

71,025.0

33,578.5

FIXED ASSETS

Treasury Bills
Treasury Bills (Bonds)

Fixed Buy Back Repo

Eligible Commercial Bills


Treasury Bills Repo with CBN
Treasury Bills Repo with other Discount House

60,401.6
246,193.5

26,777.9
18,331.1

34,473.6
-

23,039.1
12,649.1

35,334.4
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
2013

Mar

Jun

Sep

Dec

1,111.3 CASH AND BALANCES WITH BANKS

1,278.5

3,107.0

1,345.9

1,065.1

0.2

0.5

0.6

0.6

93.7

1,736.9

31.6

37.1

1,184.5

1,369.6

1,313.7

1,027.3

94,394.7

96,128.6

94,852.3

93,865.4

31,359.9

61,763.8

63,875.2

52,633.5

31,359.9
-

61,763.8
-

63,875.2
-

52,633.5
-

ASSETS
0.2 i) Cash on hand
76.1 ii) Balances with CBN

1,034.9 iii) Balances with other banks


92,646.7 CLAIMS ON FEDERAL GOVERNMENT
57,554.1 i) Treasury
57,554.1
-

Bills

a) Held for Trading


b) Available For Sales (AFS)
c) Bill with PDO (CBN)

63,034.9

34,364.8

30,977.1

41,231.9

35,092.6 ii) FGN Bond

15,299.6

15,150.0

7,300.0

17,687.7

10,372.0

a)

Held for Trading

47,735.3

19,214.8

23,677.1

23,544.2

24,720.6

b)

Available For Sales (AFS)

CLAIMS ON STATE GOVERNMENTS

i) State Promissory Notes

2,536.7
-

2,728.5
-

2,378.5
-

2,504.6
-

2,536.7

2,728.5

2,378.5

2,504.6

9,948.6

7,971.1

30,120.6

26,474.7

9,948.6

7,971.1

30,120.6

26,209.5

265.2

a)

Held for trading

b)

Available for Sales

2,139.0 ii) Eligible State Bonds


2,139.0

a)

Held for trading

b)

Available for Sales

4,988.3 CLAIMS ON BANKS


4,723.1 i) Money at Call
-

ii) Loans and Receivables

265.2 iii) Commercial Bills:

iv)

Palcement

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
Other Investment (Quoted & Unquoted)

12,276.6

14,941.7

31,124.4

17,530.2

9,363.5

12,053.5

29,531.0

17,158.1

2,913.1

2,888.1
-

1,593.4
-

372.0
-

12,053.8

13,506.3

12,100.4

12,698.6

1,274.1

1,250.0

1,224.5

1,200.6

133,762.9

139,633.2

173,146.6

155,339.1

27,658.3

14,939.6

7,737.1

7,354.3

20,570.0

9,113.0

5,811.0

6,865.0

19,037.1 Staff Loans & Receivables


18,665.4
371.7
10,069.5 OTHER ASSETS
1,237.8 FIXED ASSETS
131,229.6 TOTAL ASSETS
3,163.0 ASSETS ON REPURCHASE TRANSACTION
-

Treasury Bills

Treasury Bills (Bond)

Fixed Buy Back Repo

7,088.3

5,826.6

1,926.1

489.3

3,163.0

Eligible Commercial Bills


Treasury Bills Repo with CBN
Treasury Bills Repo with other Discount Houses

2015
Mar '2A

Jun

Sep

Dec '2A

1,084.8

2,377.5

872.1

633.2

0.1

0.2

2.4

2.8

1.4

468.1

1.4

1.8

1,083.4

1,909.2

868.3

628.7

68,477.6

99,919.7

51,971.3

51,367.3

50,407.3

67,159.7

32,441.9

32,302.9

7,810.4

16,598.3

8,925.0

14,229.9

42,596.9

50,561.4

23,516.9

18,072.9

18,070.2

32,760.0

19,529.4

19,064.5

(6,799.9)

(1,877.7)

(3,204.5)

(2,961.9)

24,870.1

34,637.8

22,733.8

22,026.3

2125.41

7184.22

7544.16

7544.16

###

###

###

###

###

###

2,125.4
-

7,184.2
###

7,544.2
-

2,125.4

7,184.2

7,544.2

27,347.5

43,419.4

30,540.5

25,810.5
-

###
33,929.2
###

29,680.5
-

###
###
###
39,455.7
###
38,595.7
###

1,537.1

9,490.3

860.0

###

###

###

###

###

###

###

###

296.7

2,936.1

364.9

337.9

15.1

2,504.0

15.1

281.6

432.1

349.8

322.9

9,292.7

17,148.7

11,947.8

10,155.1

794.0

2,424.4

786.4

775.9

109,418.8

175,410.0

104,027.1

110,269.4

###

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
LIABILITIES
CAPITAL AND RESERVES
i)
ii)

Paid-up Capital
Statutory Reserves

iii)

Share Premium

iv)

Other Reserves

v)

General Reserve

MONEY-AT-CALL

1993

1994

1995

1996

1997

436.0

565.7

865.5

1,251.6

1,430.5

385.0

437.5

667.5

948.5

950.3

0.5

18.5

51.0

127.8

141.2

64.9

37.9

113.7

82.1

51.6

155.4

85.9

69.9

707.9

7,653.1

1,617.4

50.5
3,350.0

109.7
5,517.6

i)

Commercial Banks

678.9

6,125.8

701.1

ii)

Merchant Banks

25.0

313.2

5.8

iii) Non-Bank Financial Institutions

4.1

1,214.0

907.4

iv)

0.1

3.1

v) Associated Treasury Notes

OTHER AMOUNT OWING TO:

i)

Commercial Banks

ii)

Merchant Banks

1.0

iii)

Non-Bank Financial Institutions

1.2

250.0

1.6

13.4

2,219.9

iv)

Others

Others

BORROWINGS

2.9

i) Central Bank of Nigeria

2.6

ii)

Overdrafts

iii)

Other Banks

0.3

2,347.5

2,347.5

610.0

610.0

251.2

13.4
-

2.6

2,016.3
3.6
200.0

OTHER LIABILITIES
TOTAL

LIABILITIES

672.9

1,152.4

1,248.4

2,609.2

1,705.7

4,461.8

9,583.2

3,431.9

11,778.4

6,976.1

12,190.1

32,426.9

35,010.9

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS

- Repo with CBN

- Repo with Banks

- Fixed Buy Back Repo

- 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.

7,901.0

4,289.1

27,417.6
5,009.3
-

44.2
15,651.4
19,315.3

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
LIABILITIES
CAPITAL AND RESERVES
i)
ii)

Paid-up Capital
Statutory Reserves

1998

1999

2000

2,136.5

3,730.7

4,948.6

6,511.0

1,059.6

1,425.5

2,321.4

2,876.5

3,327.3

220.0

329.9

563.0

1,000.0

1,457.2

113.3

159.3

Share Premium

5.4

iv)

Other Reserves

52.8

v)

General Reserve

372.5

267.8

3,082.9

i)

Commercial Banks

ii)

Merchant Banks

iii) Non-Bank Financial Institutions


iv)

Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:

687.0

921.2

855.4

6,523.4

15,294.6

11,296.4

25,228.0

1,274.2

3,830.0

11,624.0

80,980.0

14,418.7

464.0

726.0

1,297.0

804.1

6,792.1

1,333.7

1,916.1

2,289.2

2,300.5

3,482.2

5.5

43.0

39.5

93.8

535.0

5.5

8.3

44.9

231.5

2,179.9

5,941.1

6,735.8

18,453.2

108.1

145.2

3,817.1

1,367.0

9,264.0

561.8

193.0

1,723.5

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

Others

BORROWINGS
i) Central Bank of Nigeria
ii)

Overdrafts

iii)

Other Banks

712.3
158.8

Commercial Banks

150.9

i)

iv)

2002

1,710.3

iii)

MONEY-AT-CALL

2001

987.6

123.4

2,034.7

1,562.2

4,188.2

7,465.7

3.3

24.6

475.6

16.8

11.4

3.3
-

24.6
-

449.6
26.0

16.8
-

11.4
-

OTHER LIABILITIES

2,824.6

4,185.2

4,818.8

9,356.1

7,079.2

TOTAL

7,852.6

15,049.6

30,260.8

32,353.7

57,282.9

59,098.5

89,336.4

126,802.3

128,995.6

30,559.9

1.0

15,734.5

22,079.7

43,700.0

55,667.8

1,005.0

750.0

1,632.0

LIABILITIES

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS
- Repo with CBN
- Repo with Banks
- Fixed Buy Back Repo
- Repo with Discount Houses
- Repo with Others

575.8
35,437.0

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.

29,151.7

69,502.5

61,235.8
67,759.7

1,228.4
20,489.3
6,403.0
2,439.2

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
LIABILITIES
CAPITAL AND RESERVES
i)
ii)

2003

2004

2005

7,679.0

9,924.5

13,029.5

Paid-up Capital

4,469.7

6,577.8

8,818.0

Statutory Reserves

1,274.1

2,289.7

2,275.8

1,528.9

19.8

iii)

Share Premium

iv)

Other Reserves

v)

General Reserve

285.9

1,000.2

406.3

751.2

935.5

23,287.4

25,087.9

34,066.8

14,628.6

11,964.1

14,135.5

5,424.1

8,254.0

16,150.5

iii) Non-Bank Financial Institutions

1,972.4

4,231.9

2,000.0

iv)

1,262.3

638.0

1,780.8

MONEY-AT-CALL
i)

Commercial Banks

ii)

Merchant Banks
Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:
i)

Commercial Banks

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

iv)

Others

BORROWINGS
i) Central Bank of Nigeria
ii)

Overdrafts

iii)

Other Banks

10,740.5

22,447.5

39,974.2

9,266.2

11,706.5

32,600.8

725.0

1,922.9

1,896.0

749.3

8,818.0

5,477.4

8.1

11.1

3,461.1

8.1
-

11.1
-

3,461.1
-

OTHER LIABILITIES

11,016.2

9,875.3

8,772.0

TOTAL

52,731.2

67,346.2

99,303.6

116,192.9

113,051.1

32,612.6

LIABILITIES

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS
- Repo with CBN
- Repo with Banks
- Fixed Buy Back Repo
- Repo with Discount Houses
- Repo with Others

63,976.5

55,384.2

3,627.3

15.5

141.0

11,689.7

5,660.5

1,372.4

46,540.4

56,153.5

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.

17,295.6

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
LIABILITIES

2006

2007

2008

2009

2010

16,326.4

22,849.1

33,684.3

41,997.3

41,374.9

Paid-up Capital

9,780.7

11,086.5

11,544.6

14,590.6

15,590.6

Statutory Reserves

3,631.3

4,217.4

5,828.8

7,873.9

8,553.2

CAPITAL AND RESERVES


i)
ii)
iii)

Share Premium

50.3

1,614.6

1,737.3

4,737.3

4,737.3

iv)

Other Reserves

757.9

3,581.9

9,665.1

7,762.9

6,579.2

v)

General Reserve

2,106.2

2,348.6

4,908.5

7,032.6

5,914.7

76,020.2

97,049.8

195,901.0

206,713.2

247,727.7

72,973.7

91,982.1

192,751.5

180,874.1

221,977.1

MONEY-AT-CALL
i)

Commercial Banks

ii)

Merchant Banks

iii) Non-Bank Financial Institutions


iv)

Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:
i)

Commercial Banks

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

iv)

Others

BORROWINGS
i) Central Bank of Nigeria
ii)

Overdrafts

iii)

Other Banks

3,046.5
-

2,800.0
2,267.7
-

3,149.5
-

25,839.2
-

25,750.6
-

81,915.8

158,579.5

42,145.9

69,467.9

22,833.1

63,486.2

146,330.9

30,830.5

63,419.4

21,020.3

13,720.9

1,000.0

4,708.7

11,248.7

11,315.4

6,048.5

1,812.8

7.5

3,239.6

118,201.0

16.9

5,850.9

7.5

3,239.6

85.4
118,115.6

16.9
-

0.9
5,850.0

OTHER LIABILITIES
TOTAL

LIABILITIES

12,261.4

16,548.0

27,222.4

27,758.8

44,622.9

186,531.3

298,266.0

417,154.6

345,954.1

362,409.4

77,291.6

228,435.5

465,618.1

109,864.0

60,271.0

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS
- Repo with CBN
- Repo with Banks

6,083.3
15,700.0

149,445.9

- Fixed Buy Back Repo

- Repo with Discount Houses

- Repo with Others

55,508.3

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.

78,989.6

10,500.0
414,525.0
40,593.1

64,750.0

25,009.9

45,114.0

35,261.1

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
2014
LIABILITIES

2011

2012

2013

49,612.1

34,970.5

18,044.5

22,980.4

31,851.5

Paid-up Capital

15,645.2

15,480.0

6,784.6

6,784.6

8,854.1

Statutory Reserves

10,535.8

12,141.6

5,090.2

5,558.5

5,959.4

CAPITAL AND RESERVES


i)
ii)

Mar

Jun

iii)

Share Premium

4,737.3

4,737.3

3,090.3

3,090.3

6,418.6

iv)

Other Reserves

11,019.8

11,099.1

1,346.3

3,163.2

6,235.6

v)

General Reserve

7,674.0

(8,487.4)

1,733.1

4,383.8

4,383.8
59,990.2

MONEY-AT-CALL
i)

Commercial Banks

ii)

Merchant Banks

iii) Non-Bank Financial Institutions


iv)

Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:

152,927.7

206,301.9

62,559.2

57,136.7

127,372.8

191,790.7

17,521.8

5,515.0

25,554.9
-

14,511.2
-

45,037.4
-

48,687.7

55,568.7

2,934.1

4,421.4

54,242.5

56,458.8

40,018.5

45,715.4

46,261.1

40,672.6

14,909.0

73.6

5,425.1

14,259.6

i)

Commercial Banks

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

iv)

Others

BORROWINGS

13,569.9
3,000.0

41,549.8

39,945.0

40,290.3

32,001.6
21,000.0

i) Central Bank of Nigeria

ii)

Overdrafts

iii)

Other Banks

3,000.0

21,000.0

OTHER LIABILITIES
TOTAL

LIABILITIES

60,970.7

46,987.6

13,140.7

13,800.6

14,043.8

320,753.0

344,718.8

133,762.9

139,633.2

173,146.6

106,713.2

87,326.5

27,658.3

14,939.6

7,737.1

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS
- Repo with CBN
- Repo with Banks

6,600.0
66,425.0

38,686.0

20,570.0

9,113.0

5,811.0

- Fixed Buy Back Repo

- Repo with Discount Houses

- Repo with Others

33,688.2

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.

48,640.5

7,088.3

5,826.6

1,926.1

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
2014
LIABILITIES
CAPITAL AND RESERVES
i)
ii)

Sep

Dec

29,871.3

LIABILITIES

29,753.4 CAPITAL AND RESERVES

Mar
13,376.09

Paid-up Capital

8,854.2

8,854.1 i)

Paid-up Capital

4,000.00

Statutory Reserves

5,959.4

5,959.4 ii)

Statutory Reserves

3,856.87

iii)

Share Premium

6,418.6

6,331.2 iii)

Share Premium/Bonus Issue Res

3,000.00

iv)

Other Reserves

4,255.3

4,224.9 iv)

Other Reserves

1,206.31

v)

General Reserve

4,383.8

4,383.8 v)

Other Comprehensive Income

vi)
MONEY-AT-CALL
i)

Commercial Banks

ii)

Merchant Banks

iii) Non-Bank Financial Institutions


iv)

Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:

71,547.0
5,000.0
-

16,592.6 MONEY-AT-CALL
-

4,210.4

6,074.9 iii)

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

25,690.4

iv)

Commercial Banks

3,000.0 i)

Non-Bank Financial Institutions


Discount Houses

16,229.2

i) Central Bank of Nigeria

ii)

Overdrafts

iii)

Other Banks

16,229.2

51,537.39
5,613.14

Commercial Banks

ii)

Discount Houses

iii)

Non-Bank Financial Institutions

5,613.14

20,495.4
BORROWINGS

BORROWINGS

51,537.39

Merchant Banks

23,495.4 TAKINGS:

Commercial Banks

Others

3,901.1

i)

iv)

i)

49,024.5 ii)

29,591.5

1,312.92

71,692.0

62,336.6
-

Retained Earning

63.8 i)
-

ii)

63.8 iii)
-

iv)

Central Bank of Nigeria


Banks

21,768.04
6,229.20

Disount Houses

Non-Bank Financial Institution

v)
OTHER LIABILITIES
TOTAL

LIABILITIES

8,100.1
155,339.1

6,224.9 vi)

- Repo with CBN


- Repo with Banks

Individuals

131,229.6 OTHER LIABILITIES

LIABILITIES FOR ASSETS SUBJECT TO


REPURCHASE ARRANGEMENTS

Corporate Entities

TOTAL
7,354.3
6,865.0

LIABILITIES

LIABILITIES FOR ASSETS SUBJECT TO

REPURCHASE ARRANGEMENTS

- Repo with CBN

- Repo with Discount Houses

- Repo with Banks

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.

15,538.84
5,561.12
109,418.79

3,163.0

- Fixed Buy Back Repo


- Repo with Others

11,563.00
11,563.00

Return to Menu
Table A.3.3: Summary of Assets/Liabilities of Discount Houses - Liabilities (N' Million)
2015
LIABILITIES
CAPITAL AND RESERVES
i)
ii)

Jun

Sep

Dec /1

35,026.46

19,174.75

Paid-up Capital

9,155.94

4,301.58

###

Statutory Reserves

6,858.93

3,856.87

###

3,904.73

###

iii)

Share Premium

7,235.97

iv)

Other Reserves

110.92

v)

General Reserve

127.43

18,330.32

###
-

11,664.70

6,984.14

6,267.14

52,510.82

58,412.32

55,970.79

MONEY-AT-CALL
i)

Commercial Banks

ii)

Merchant Banks

iii) Non-Bank Financial Institutions


iv)

Others

v) Associated Treasury Notes


OTHER AMOUNT OWING TO:

52,510.82
33,895.14

58,412.32
1,084.22

55,970.79
93.68

i)

Commercial Banks

ii)

Merchant Banks

iii)

Non-Bank Financial Institutions

iv)

33,895.14

1,084.22

93.68

27,125.46

20,588.75

20,642.97

Others

BORROWINGS
i) Central Bank of Nigeria

4,605.78

###

3,940.00

###

ii)

Overdrafts

iii)

Other Banks

OTHER LIABILITIES
TOTAL

LIABILITIES

LIABILITIES FOR ASSETS SUBJECT TO

18,579.68

20,588.75

20,642.97

7,857.12

4,637.07

5,731.69

175,409.98

104,027.11

110,269.44

18,995.00

130.00

9,500.00

REPURCHASE ARRANGEMENTS
- Repo with CBN
- Repo with Banks
- Fixed Buy Back Repo

18,995.00

- 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.

130.00

9,500.00

Return to Menu
Table A.3.4: Selected Financial Ratios of Discount Houses
ITEM

Target

1993

1994

1995

1996

Assets Structure
Assets
Treasury Bills of Less Than 91 Days Maturity
Treasury Bonds
Liabilities
Money at Call
Borrowings
Other Amounts Owing
Structure of Assets Ratio1 (%)

70.00

Total Borrowings & Amount Owing


Borrowings
Amount Owing
Capital & Reserves
Capital
Reserves
Gearing Ratio: x:1
Source: Central Bank of Nigeria

x=50

4,029,614.0

7,125,921.0

1,552,642.0

6,479,674.0

4,029,614.0

7,125,921.0

1,552,642.0

6,479,674.0

0.0

0.0

0.0

0.0

3,352,974.0

7,865,119.0

1,317,937.0

7,917,603.0

3,350,050.0

5,517,625.0

707,937.0

7,653,068.0

2,924.0

2,347,494.0

610,000.0

13,354.0

0.0

0.0

0.0

251,181.0

120.2

90.6

117.8

81.8

2,924.0

2,347,494.0

610,000.0

264,535.0

2,924.0

2,347,494.0

610,000.0

13,354.0

0.0

0.0

0.0

251,181.0

436,003.0

565,672.0

865,474.0

1,251,646.0

385,000.0

437,500.0

667,450.0

948,500.0

51,003.0

128,172.0

198,024.0

303,146.0

0.0

4.2

0.7

0.2

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.

1997

1998

1999

2000

2001

2002

1,498,180.0

3,031.7

3,317.0

15,292.0

13,098.0

32,771.0

1,498,180.0

3,031.7

3,317.0

15,292.0

13,098.0

32,771.0

0.0

0.0

0.0

0.0

0.0

0.0

3,841,902.0

3,317.7

3,517.0

21,711.0

1,619,311.0

3,082.9

3,276.0

15,295.0

11,296.0

25,228.0

2,219,959.0

3.3

12.0

476.0

17.0

11.0

2,632.0

231.5

229.0

5,941.0

6,736.0

18,453.0

39.0

91.4

94.3

70.4

72.6

75.0

2,222,591.0

234.8

241.0

6,417.0

6,773.0

18,465.0

2,219,959.0

3.3

12.0

476.0

17.0

11.0

2,632.0

231.5

229.0

5,941.0

6,756.0

18,453.0

1,430,542.0

1,710.3

2,077.0

3,731.0

4,949.0

6,511.0

950,355.0

1,059.6

1,419.0

2,321.0

2,876.5

3,327.0

480,187.0

650.7

658.0

1,409.0

2,072.5

3,184.0

0.1

0.1

0.1

1.7

1.4

2.8

18,049

43,693.0

Table A.3.4: Selected Financial Ratios of Discount Houses - Continued


ITEM

Target

2003

2004

2005

2006

2007

Assets Structure
Assets
Treasury Bills of Less Than 91 Days Maturity
Treasury Bonds
Liabilities

23,741.0

38,090.6

38,090.6

72,028.4

115,365.9

23,741.0

38,090.6

38,090.6

70,164.7

115,365.9

0.0

0.0

0.0

1,863.7

0.0

157,943.5

258,869.0

34,036.0

47,546.5

47,546.5

23,287.0

25,087.9

25,087.9

76,020.2

97,049.8

8.0

11.0

11.0

7.5

3,239.6

10,741.0

22,447.5

22,447.5

81,915.8

158,579.5

69.8

80.1

80.1

45.6

44.6

10,749.0

22,458.6

22,458.6

81,923.3

161,819.2

8.0

11.0

11.0

7.5

3,239.6

Amount Owing

10,741.0

22,447.5

22,447.5

81,915.8

158,579.5

Capital & Reserves

7,679.0

9,924.5

9,924.5

16,326.4

22,849.1

Capital

4,470.0

6,577.8

6,577.8

9,780.7

11,086.5

Reserves

3,209.0

3,346.7

3,346.7

6,545.7

11,762.5

1.4

2.3

2.3

5.0

7.1

Money at Call
Borrowings
Other Amounts Owing
Structure of Assets Ratio1 (%)

60.00

Total Borrowings & Amount Owing


Borrowings

Gearing Ratio: x:1


Source: Central Bank of Nigeria

x=50

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
2008

2009

2010

2011

2013

Mar

Jun

Sep

45,578.1

67,152.4

60,883.4

60,768.4

124,865.7

31,359.9

61,763.8

63,875.2

52,633.5

45,578.1

67,152.4

60,883.4

60,768.4

124,865.7

31,359.9

61,763.8

63,875.2

52,633.5

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

356,247.9

239,535.7

276,411.7

210,170.2

262,760.7

102,577.7

102,852.2

127,251.3

117,367.8

195,901.0

216,713.2

247,727.7

152,927.7

206,301.9

62,559.2

57,136.7

59,990.2

71,547.0

118,201.0

16.9

5,850.9

3,000.0

0.0

0.0

0.0

21,000.0

16,229.2

42,145.9

22,805.6

22,833.1

54,242.5

56,458.8

40,018.5

45,715.4

46,261.1

29,591.5

12.8

28.0

22.0

28.9

47.5

30.6

60.1

50.2

44.8

160,346.9

22,822.5

28,684.0

57,242.5

56,458.8

40,018.5

45,715.4

67,261.1

45,820.7

118,201.0

16.9

5,850.9

3,000.0

21,000.0

16,229.2

42,145.9

22,805.6

22,833.1

54,242.5

33,684.3

41,997.3

11,544.6

14,590.6

15,590.6

15,645.2

15,480.0

6,784.6

6,784.6

8,854.1

8,854.2

22,139.7

27,406.7

25,784.3

33,966.9

19,490.5

11,259.9

16,195.8

22,997.4

21,017.1

4.8

0.5

41,374.9

0.7

2012

49,612.1

1.2

0.0
56,458.8
34,970.5

1.6

0.0
40,018.5
18,044.5

2.2

0.0
45,715.4
22,980.4

2.0

46,261.1
31,851.5

2.1

29,591.5
29,871.3

1.5

2015
Dec

Mar

Jun

Sep

Dec /1

57,554.1

50,407.3

67,159.7

32,441.9

32,302.9

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

95,251.2

78,918.6

113,531.4

80,085.3

76,707.4

71,692.0

51,537.4

52,510.8

58,412.3

55,970.8

63.8

5,613.1

33,895.1

1,084.2

93.7

23,495.4

21,768.0

27,125.5

20,588.7

20,643.0

60.4

63.9

59.2

40.5

42.1

23,559.2

27,381.2

61,020.6

21,673.0

20,736.7

21,768.0

27,125.5

20,588.7

20,643.0

63.8
23,495.4
29,753.4

5,613.1
13,376.1

33,895.1
35,026.5

1,084.2
19,174.8

93.7
18,330.3

8,854.1

4,000.0

9,155.9

4,301.6

4,301.6

20,899.3

9,376.1

25,870.5

14,873.2

14,028.7

0.8

2.0

1.7

1.1

1.1

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

1992

1993

66.7
245.9
197.7
23.3
135.8
29.5
3.7
19.9
14.6
45.6
22.5
118.4
-

190.7
781.2
695.7
23.4
654.5
123.2
5.7
129.6
47.5
280.0
68.5
326.6
-

124.9
54.5
967.2
639.6
207.9
304.2
127.5
39.5
36.9
227.0
197.9

406.4
120.1
3,198.6
2,188.2
588.5
1,107.9
491.8
63.9
74.6
625.3
417.2

1994

1995

233.1
879.8
773.2
24.7
1,220.6
155.4
32.2
201.0
34.9
513.8
283.3
491.4
6.0
753.7
310.7
4,693.2
3,216.7
836.3
1,865.7
514.7
5.1
33.6
71.1
108.2
935.4
769.0

286.3
897.5
403.8
4.8
1,129.8
98.6
17.9
124.8
102.6
575.7
210.2
354.3
1.6
673.4
355.0
4,106.5
2,834.6
832.9
1,672.3
329.4
0.7 14.4
107.9
861.0
787.4

1996
278.7
944.9
157.8
6.4
1,400.2
229.4
17.6
155.4
92.7
695.0
210.1
254.0
7.2
728.3
655.0
4,432.5
2,876.3
780.7
1,786.2
309.4
13.7
38.1
60.9
870.7
803.7

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

29.1
24.2
967.2

208.1
246.6
3,198.6

166.4
323.1
4,693.2

73.6
287.9
4,106.5

67.0
572.8
4,432.5

334
23.4
75.1

611
30.1
74.0

902
38.3
57.9

745
39.8
55.7

693
48.7
47.8

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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

1997
414.1
614.9
327.8
113.2
1,618.8
367.4
28.5
200.0
105.2
729.9
187.8
384.0
139.6
940.2
153.8
4,706.4
3,181.9
842.1
1,945.7
394.1
5.2 28.8 68.9
9.0
1,385.8
774.8

1998

1999

830.4
1,230.7
155.0
97.2
2,526.8
962.7
31.0
299.4
67.1
1,042.7
123.9
218.4
48.8
656.8
713.1
6,477.2
4,454.2
1,252.4
2,595.3
606.5

1,299.0
1,817.6
177.3
116.0
2,958.3
1,007.2
27.0
293.5
71.9
1,447.8
110.9
436.8
74.7
1,010.7
1,013.2
8,903.6
4,140.3
1,163.4
2,413.8
563.1
-

42.3
94.7 1,479.3
1,123.5

62.5
1,858.4
1,514.2

2000
1,862.5
2,606.0
254.2
166.3
3,666.6
1,248.4
33.5
363.8
89.1
1,794.4
137.5
450.2
107.1
1,449.1
1,452.7
12,014.7
7,689.4
2,160.7
4,482.9
1,045.8
33.4
2,773.6
205.2

2001
770.2
1,077.7
105.1
68.8
1,314.0
447.4
12.0
130.4
31.9
643.1
49.3
###
304.3
44.3
599.3
600.7
4,884.4
###
###
3,294.0
926.3
1,919.4
448.3
###
###
12.0
###
1,034.8
76.6

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

611.0
26.8
4,706.4

355.8
406.7
6,477.2

344.2
2,842.4
8,903.6

2,568.4
1,518.3
12,014.7

958.2
543.6
4,884.4

674
53.9
42.2

552
58.9
49.8

550
74.3
79.6

881
49.8
61.4

747
42.0
59.3

Source: Central Bank of Nigeria


Notes: 1Other Loans consists of donations/grants/subventions
2
discounted)*100/(deposits+money
Loans to at
Deposit
call Takings
ratio=+balances
(Loans andheld
advances+Bills
for banks) discounted)*100/(deposits+money at call Takings +balances held for banks)
3
r banks + Money at Call)/(Deposits
Liquidity Ratio
+ Money
= ((Cash
at callinTakings
hand ++Balance
Balances
with
held
other
for banks
banks))*100
+ Money at Call)/(Deposits + Money at call Takings + Balances held for
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

2002
2,411.7
3,374.6
329.2
215.4
4,310.9
1,467.7
39.3
427.7
104.8
2,109.8
161.6
925.5
138.7
1,876.5
1,881.1
15,463.5
9,699.2
2,725.5
5,654.6
1,319.1
41.7
3,825.6
269.3

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

3,556.3
1,897.0
15,463.5
769
46.7
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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

2003

2004

2005

2006

3,884.7
5,435.6
530.2
346.9
9,954.8
3,389.3
90.9
987.6
241.9
4,871.9
373.2
2,261.0
223.4
3,022.5
3,030.0
28,689.2
18,075.0
5,079.1
10,537.7
2,458.2
77.5
7,011.1
518.8

4,762.5
6,663.9
650.0
425.3
11,353.8
3,865.6
103.6
1,126.4
275.9
5,556.6
425.6
2,612.7
273.9
3,705.5
3,714.7
34,162.3
21,407.9
6,015.6
12,480.8
2,911.5
98.9
8,156.4
603.6

11,972.0
16,751.6
1,634.1
1,069.1
28,504.8
9,704.9
260.2
2,828.0
692.8
13,950.3
1,068.6
3,594.1
688.5
9,314.9
9,338.0
82,866.9
47,523.7
13,354.2
27,706.3
6,463.2
370.8
18,107.3
1,340.0

1,029.3
8,614.1
16,381.5
16,450.2
505.2
449.3
492.0
2,554.4
5,078.3
7,370.9
2,712.2
6,316.7
3,641.9
55,145.8
34,017.7
34,017.7
280.9
384.3
12,829.8
8,298.6

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

6,492.3
3,525.6
28,689.2

7,552.8
4,499.1
34,162.3

16,767.3
16,865.1
82,866.9

4,531.2
7,633.1
55,145.8

774
57.0
54.5

753
55.0
56.4

757
62.2
63.9

750
48.0
75.9

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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

2007

2008

2009

2010

1,410.1
11,801.3
21,381.5
###
22,850.2
701.8
624.1
683.4
3,548.2
7,054.1
10,238.6
3,715.7
6,249.1
8,141.9
75,549.8
###
41,217.7
41,217.7
###
290.5
###
497.9
21,810.7
11,203.1

2,292.6
43,705.7
42,753.1
3,354.3
412.4
2,006.3
2,139.2
23,962.5
10,878.4
7,295.3
12,237.3
14,469.8
122,753.8
61,568.1
61,568.1
2,081.7
3,034.0
37,021.8
28,340.3

2,763.5
48,404.9
58,215.7
4,736.9
569.7
2,275.7
2,421.1
28,314.2
19,898.1
8,025.0
15,793.5
18,407.4
151,610.0
76,662.0
76,662.0
2,238.6
3,591.0
45,166.0
37,078.0

2,594.4
72,315.0
52,867.5
5,102.9
520.4
2,172.9
2,257.4
25,975.9
16,956.9
8,674.2
16,203.3
17,684.5
170,338.9
75,739.6
75,739.6
23,969.6
3,522.9
43,997.5
41,540.2

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

10,607.6
11,733.1
75,549.9

8,681.5
19,048.2
122,753.7

8,088.0
23,952.4
151,610.0

2,457.3
23,109.3
170,338.9

709
55.0
83.3

733
67.2
72.3

828
73.8
64.9

801
53.0
75.1

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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

2011
1,717.1
36,047.5
50,928.3
4,679.2
329.4
1,728.9
1,725.5
36,114.9
6,350.5
8,959.8
9,606.6
10,612.8
117,872.1
59,375.9
59,375.9
4,962.0
4,591.9
29,094.8
30,890.2

2012
2,854.2
32,925.0
80,127.9
5,056.8
524.0
2,482.6
4,222.3
59,774.3
8,067.9
9,794.2
4,284.1
12,680.0
20,438.8
189,293.4
98,789.1
98,789.1
4,680.5
7,839.6
42,829.1
44,945.4

2013
3,219.6
53,516.5
94,055.6
4,803.1
603.3
2,937.3
2,616.0
53,409.5
29,686.5
11,621.0
3,355.5
12,615.0
13,498.8
237,837.6
121,787.6
121,787.6
4,491.2
10,272.6
64,939.0
48,804.0

2014 4
3,158.4
53,826.7

82,421.1
7,735.7
187.1
3,156.5
5,486.5
58,821.8
7,033.5
10,754.0
4,144.4
12,584.9
14,094.1
221,652.3

110,688.4
110,688.4

3,295.1
9,946.3
53,039.0
54,517.5

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

(1,795.4)
19,847.5
117,872.1
821
79.2
58.7

(2,116.3)
35,155.2
189,293.4
883
77.4
59.9

16,135.1
36,347.2
237,837.6
825
74.5
44.9

(1,478.5)
44,683.5
221,652.3
891
72.3
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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return to Menu
Table A.3.5: Summary of Assets & Liabilities of Community/Microfinance Banks (N' Million)
ITEM
ASSETS :
Cash in hand
Balance with other banks
Money at call
Bills Discounted
Loans & Advances:
(a) Agriculture & forestry
(b) Mining & Quarrying
(c) Manufacturing & Food Processing
(d) Real Estate & Construction
(e) Transport/Commerce
(f) Others
Short Term Investments (TBs)
Long Term Investments
Equipment on Lease
Fixed Assets
Other Assets
TOTAL ASSETS
LIABILITIES:
Deposits
(a) Demand
(b) Savings
(c) Time
Money at Call Takings
Balances held for Banks
Matching Loans
Other Loans1
Shareholders Funds
(a) Paidup Capital

2015

3,360.4
72,357.1
149,325.5
11,761.5
390.9
3,372.8
5,218.3
117,759.4
10,822.6
12,404.3
5,333.5
17,669.0
23,595.8
343,883.1

159,453.5
159,453.5

5,822.0
29,749.3
91,376.5
79,698.7

(b) Reserve
Other Liabilities
TOTAL LIABILITIES
Number of Reporting Banks
Loans to Deposit Ratio2
Liquidity Ratio3

11,677.8
57,481.8
343,883.1
948
90.3
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
With effect from December 2006, all the existing Community Banks were asked to transform to Microfinance Banks
4
5

Revised
Provisional

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

1992

1993

1994

1995

1996

ASSETS
1. Liquid Assets
Cash in Hand
Balances with Banks
Placements with Other Finance Companies
2. Domestic Credit
Investments
Net Loans & Advances
Equipment on Lease

286.0

4,446.5

3,655.3

3,634.2

1,672.0

40.0

239.2

271.2

232.3

153.9

246.0

1,469.4

1,665.9

1,427.0

945.5

2,737.9

1,718.2

1,974.9

572.6

1,512.8

5,634.0

4,787.7

5,079.1

3,967.5

380.7

1,298.5

1,333.8

1,232.6

1,519.7

1,132.1

4,335.5

3,453.9

3,846.5

2,447.8

###

3. Other Assets

403.1

1,798.1

1,636.8

1,240.0

2,271.7

4. Fixed Assets

244.0

1,507.2

1,581.1

1,312.6

1,029.1

2,445.9

13,385.8

11,660.9

11,265.9

8,940.3

1. Shareholder' Fund

576.6

2,668.2

2,111.6

1,178.8

2,137.1

Paid - Up Capital

554.9

2,668.2

2,111.6

1,178.8

2,137.1

Total Assets
LIABILITIES

Reserves
Published Current Year Profit/Loss

21.7

###

###

2. Taking from Other Finance Companies

3. Long Term Liabilities

4. Total Borrowings
5. Other Liabilities
Total Liabilities

1,592.2
-

1,434.7
-

1,239.0
-

351.4
###

1,292.0

6,969.9

5,449.8

6,819.0

4,846.7

577.3

2,155.5

2,664.8

2,029.1

1,605.1

2,445.9

13,385.8

11,660.9

11,265.9

8,940.3

Source: Central Bank of Nigeria

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

1997

1998

1999

2000

2001

ASSETS
1. Liquid Assets

4,886.8

2,680.8

1,571.4

1,464.3

2,156.6

418.5

367.6

178.5

203.3

265.9

Balances with Banks

2,570.6

2,258.2

1,096.5

1,248.6

1,633.6

Placements with Other Finance Companies

1,897.7

55.0

296.4

12.4

257.1

2. Domestic Credit

5,517.1

4,114.9

4,347.5

5,270.9

8,608.6

Investments

1,516.7

643.3

1,608.2

606.5

1,693.0

Net Loans & Advances

4,000.4

3,471.6

2,739.3

4,664.4

6,915.6

Cash in Hand

Equipment on Lease

###

3. Other Assets

1,114.1

401.5

1,134.3

337.9

1,548.0

4. Fixed Assets

541.6

1,016.4

1,888.5

798.2

590.3

12,059.6

8,213.6

8,941.7

7,871.3

12,903.5

1. Shareholder' Fund

2,688.5

1,951.1

1,249.5

1,830.6

2,677.2

Paid - Up Capital

2,688.5

1,951.1

1,249.5

1,830.6

2,677.2

Total Assets
LIABILITIES

Reserves

###

Published Current Year Profit/Loss

###

2. Taking from Other Finance Companies


3. Long Term Liabilities

98.9
-

159.2
###

251.3
-

130.8
-

51.9
-

4. Total Borrowings

7,744.4

5,172.2

5,111.2

4,856.1

8,195.9

5. Other Liabilities

1,527.8

931.1

2,329.7

1,053.8

1,978.5

12,059.6

8,213.6

8,941.7

7,871.3

12,903.5

Total Liabilities

Source: Central Bank of Nigeria

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

2002

ASSETS
1. Liquid Assets
Cash in Hand

2,838.8
237.5

Balances with Banks

1,458.6

Placements with Other Finance Companies

1,142.7

2. Domestic Credit

6,291.4

Investments

2,189.9

Net Loans & Advances

4,101.5

Equipment on Lease

3. Other Assets

1,178.2

4. Fixed Assets

1,376.5

Total Assets

11,684.9

LIABILITIES
1. Shareholder' Fund

2,388.8

Paid - Up Capital

2,391.2

Reserves
Published Current Year Profit/Loss
2. Taking from Other Finance Companies
3. Long Term Liabilities

(2.4)
69.9
-

4. Total Borrowings

7,403.4

5. Other Liabilities

1,822.8

Total Liabilities

11,684.9

Source: Central Bank of Nigeria

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

2003

2004

2005

2006

2007

ASSETS
1. Liquid Assets

4,627.5

7,146.9

8,576.1

13,514.1

15,279.0

373.4

656.8

160.3

590.9

98.2

Balances with Banks

2,293.6

4,034.7

984.8

3,629.8

3,721.9

Placements with Other Finance Companies

1,960.5

2,455.4

7,431.0

9,293.4

11,458.9

19,111.7

20,050.4

22,007.7

32,601.9

39,535.1

4,313.3

5,488.9

5,756.4

8,756.1

12,756.0

14,798.4

14,561.5

16,251.3

23,845.8

26,779.1

Cash in Hand

2. Domestic Credit
Investments
Net Loans & Advances
Equipment on Lease

3. Other Assets

3,495.6

4,618.4

4,075.4

3,881.8

7,302.9

4. Fixed Assets

2,371.2

2,689.0

2,801.4

4,341.3

3,687.6

29,606.0

34,504.7

37,460.6

54,339.1

65,804.7

1. Shareholder' Fund

6,361.4

7,758.2

9,567.6

11,371.4

14,856.8

Paid - Up Capital

6,361.4

7,920.0

8,390.4

11,185.6

7,435.8

1,177.2

185.8

7,132.6

Total Assets
LIABILITIES

Reserves

Published Current Year Profit/Loss

2. Taking from Other Finance Companies


3. Long Term Liabilities
4. Total Borrowings
5. Other Liabilities
Total Liabilities

25.2
-

(161.8)
145.1
-

127.4
-

288.4
156.7

19,616.6

21,394.2

22,797.5

34,647.1

39,948.5

3,602.8

5,207.2

5,095.5

8,193.2

10,842.7

29,606.0

34,504.7

37,460.6

54,339.1

65,804.7

Source: Central Bank of Nigeria

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

2008

2009

2010

2011

ASSETS
1. Liquid Assets

27,757.3

33,012.3

27,865.6

25,123.2

94.3

109.9

14.0

14.1

5,871.0

5,254.3

5,807.6

12,785.0

21,792.0

27,648.1

22,044.0

12,324.1

2. Domestic Credit

84,830.1

61,088.2

57,769.6

60,163.5

Investments

34,442.3

28,742.6

27,123.3

26,806.8

Net Loans & Advances

50,387.8

32,345.6

30,646.3

33,356.7

Cash in Hand
Balances with Banks
Placements with Other Finance Companies

Equipment on Lease

3. Other Assets

14,711.5

16,442.5

19,099.9

19,819.3

4. Fixed Assets

6,881.2

7,593.4

9,046.5

9,814.7

134,180.1

118,136.4

113,781.6

114,920.7

1. Shareholder' Fund

25,201.5

11,984.8

10,216.1

10,996.0

Paid - Up Capital

13,253.6

17,093.6

19,542.4

20,002.3

Reserves

11,947.9

(5,108.8)

(9,326.3)

(9,006.3)

Total Assets
LIABILITIES

Published Current Year Profit/Loss


2. Taking from Other Finance Companies
3. Long Term Liabilities

7,108.9

8,197.8

8,351.3

8,330.3

4. Total Borrowings

83,132.9

87,698.7

81,232.1

78,552.1

5. Other Liabilities

18,736.8

10,255.1

13,982.1

17,042.3

134,180.1

118,136.4

113,781.6

114,920.7

Total Liabilities

Source: Central Bank of Nigeria

Return
Menu
Table A.3.6:to
Summary
of Assets and Liabilities
of Finance Houses (N' Billion)
ITEM

2012

2013

2014

2015

ASSETS
1. Liquid Assets

13,631.2

14,177.5

11,200.9

8,763.5

21.1

26.3

99.4

849.5

2,648.1

2,579.3

3,089.1

2,320.1

10,961.9

11,571.9

8,012.3

5,593.8

2. Domestic Credit

40,640.5

66,128.6

68,967.3

60,767.9

Investments

16,868.3

19,448.8

20,158.6

11,144.0

Net Loans & Advances

23,772.2

46,679.8

48,808.7

49,623.9

Cash in Hand
Balances with Banks
Placements with Other Finance Companies

Equipment on Lease

3. Other Assets

15,451.0

15,197.7

27,845.0

26,931.7

4. Fixed Assets

8,584.8

7,548.6

11,576.4

10,893.1

78,307.5

103,052.3

119,589.6

107,356.2

1. Shareholder' Fund

13,008.7

18,276.2

18,453.1

21,655.9

Paid - Up Capital

13,763.0

14,688.0

16,116.4

14,052.2

3,588.2

2,336.8

7,603.7

Total Assets
LIABILITIES

Reserves
Published Current Year Profit/Loss
2. Taking from Other Finance Companies
3. Long Term Liabilities

(754.4)
-

574.4

742.6

3,627.7

1,553.1

4. Total Borrowings

47,578.8

59,220.8

68,420.2

62,028.9

5. Other Liabilities

17,145.6

24,812.7

29,088.6

22,118.3

78,307.5

103,052.3

119,589.6

107,356.2

Total Liabilities

Source: Central Bank of Nigeria

Return
Menu
Table A.3.7:to
Number
of Development & Specialised
Banks/Institutions
BANKS / INSTITUTIONS

1990

1991

1992

1993

1994

1995

Educational Bank

Urban Development Bank

Nigerian Export and Import Bank

Bank of Industry

Nigeria Agric. Credit Dev. Bank

Federal Mortgage Bank

SPECIALISED BANKS:

169

287

629

1150

1245

1630

66

401

879

970

1355

169

221

228

271

275

275

84

127

872

674

680

657

618

310

290

279

DEVELOPMENT BANKS

Community Banks (Microfinance Banks)


Peoples Bank ( Branches )
SPECIALISED FINANCIAL INSTITUTIONS:
Finance Houses
Insurance Companies (Reporting)

80

100

105

105

103

90

Discount Houses

Primary Mortgage Institutions

23

145

252

279

280

National Economic Reconstruction Fund (NERFUND)

National Social Insurance Trust Fund (NSITF)

Nigeria Deposit Insurance Company (NDIC)

Securities and Exchange Commission (NSE)

National Insurance Commission (NAICOM)


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

1996

1997

1998

1999

1646

1293

1293

1292

1368

1015

1015

1014

278

278

278

278

564

478

540

541

279

270

279

280

90

83

57

57

186

115

194

194

Table A.3.7: Number of Development & Specialised


Banks/Institutions
BANKS / INSTITUTIONS

2000

2001

2002

2003

2004

2005

2006

DEVELOPMENT BANKS

Educational Bank

Urban Development Bank (The Infrastructure Bank)

Nigerian Export and Import Bank

Bank of Industry

Nigeria Agric. Credit Dev. Bank (Bank of Agriculture)

Federal Mortgage Bank

SPECIALISED BANKS:

1159

747

769

774

753

757

750

Community Banks (Microfinance Banks)

881

747

769

774

753

757

750

Peoples Bank ( Branches )

278

SPECIALISED FINANCIAL INSTITUTIONS:

541

244

249

252

304

316

338

Finance Houses /1

280

98

102

104

107

112

112

57

57

57

57

103

103

103

194

79

80

81

83

90

91

National Economic Reconstruction Fund (NERFUND)

National Social Insurance Trust Fund (NSITF)

Nigeria Deposit Insurance Company (NDIC)

Securities and Exchange Commission (NSE)

National Insurance Commission (NAICOM)

National Pension Commission (PENCOM)

Pension Fund Administrators

13

Pension Fund Custodians

Insurance Companies (Reporting)


Discount Houses
Primary Mortgage Banks /2

Closed Pension Fund Administrators

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

2007

2008

2009

2010

2011

2012

2013

2014

2015

709

695

828

801

821

883

825

891

948

709

695

828

801

821

883

825

891

948

315

298

310

311

323

249

247

239

236

112

114

114

114

114

65

67

69

66

77

54

49

49

61

60

53

48

49

93

81

98

102

102

82

82

82

82

12

26

26

24

24

20

26

21

21

Return to Menu

Table A.4.1: Value of Money Market Instruments Outstanding as at End-Pe


Period

Treasury

Treasury

Development

Certificates

Bills

Certificates

Stocks

Of Deposits

1981

5.8

2.3

3.4

0.2

1982

9.8

1.7

3.6

0.3

1983

13.5

4.9

3.9

0.4

1984

15.5

6.4

3.8

0.3

1985

17.0

6.7

4.3

0.2

1986

17.0

6.7

4.8

0.3

1987

25.2

6.7

4.9

1.3

1988

35.5

6.8

4.8

1.9

1989

24.1

6.9

4.6

1.2

1990

25.5

34.2

4.4

1.9

1991

56.7

34.2

4.2

1.1

1992

103.3

35.2

4.0

0.5

1993

103.3

36.6

3.7

0.1

1994

103.3

37.3

3.4

0.0

1995

103.3

23.6

3.2

0.0

1996

103.3

0.0

3.0

0.1

1997

221.8

0.0

2.8

0.0

1998

221.8

0.0

2.7

0.0

1999

361.8

0.0

2.4

0.0

2000

465.5

0.0

2.1

0.0

2001

584.5

0.0

1.8

0.0

2002

733.8

0.0

1.6

0.0

2003

825.1

0.0

1.5

0.0

2004

871.6

0.0

1.3

0.0

2005

854.8

0.0

1.0

0.0

2006

701.4

0.0

0.7

0.0

2007

574.9

0.0

0.6

2.5

2008

471.9

39.7

0.5

0.0

2009

797.5

0.0

0.5

50.5

2010

1,277.1

0.0

0.2

0.0

2011

1,727.9

0.0

0.0

0.0

2012

2,122.9

0.0

0.0

34.0

2013

2,581.6

0.0

0.0

Q1

2,735.7

0.0

0.0

9.0

Q2

2,735.9

0.0

0.0

51.5

Q3

2,735.9

0.0

0.0

30.6

Q4

2,815.5

0.0

0.0

51.0

Q1

2,865.5

0.0

0.0

27.9

Q2

2,825.0

0.0

0.0

38.7

Q3

2,772.9

0.0

0.0

63.7

Q4

2,772.9

0.0

0.0

75.7

2014

2015

20.5

Source: Central Bank of Nigeria


Note: 1Revised
2
Provisional

ing as at End-Period (N' Billion) 1


Commercial

Bankers

FGN Bonds

Papers

Acceptances

Total

0.1

0.0

0.0

11.7

0.1

0.0

0.0

15.5

0.2

0.0

0.0

22.8

0.2

0.0

0.0

26.1

0.1

0.0

0.0

28.3

0.3

0.0

0.0

29.0

0.5

0.0

0.0

38.6

0.7

0.1

0.0

49.7

0.6

0.1

0.0

37.7

0.8

0.1

0.0

66.9

0.8

0.2

0.0

97.3

1.6

0.1

0.0

144.8

3.4

1.9

0.0

149.0

5.3

4.7

0.0

153.9

10.0

8.1

0.0

148.3

8.0

12.2

0.0

126.6

13.4

11.7

0.0

249.7

7.3

17.5

0.0

249.2

20.5

12.0

0.0

396.6

19.0

31.8

0.0

518.4

35.3

30.8

0.0

652.5

37.0

32.2

0.0

804.6

47.6

33.9

72.6

980.6

80.1

24.0

72.6

1,049.5

194.6

41.1

250.8

1,342.4

193.5

45.7

643.9

1,585.3

363.4

81.8

1,186.2

2,209.4

822.7

66.4

1,445.6

2,846.9

509.1

62.2

1,974.9

3,394.8

189.2

79.2

2,901.6

4,447.3

203.0

73.4

3,541.2

5,545.5

1.1

9.9

4,080.0

6,247.9

9.3

20.5

4,222.0

6,853.9

10.76

30.66

4,132.0

6,890.3

10.63

28.15

4,369.8

7,174.6

10.67

29.38

4,599.8

7,382.9

9.85

36.64

4,792.3

7,677.3

9.11

20.79

5,370.8

8,294.1

6.68

8.60

5,300.4

8,179.3

4.86

6.75

5,568.1

8,416.3

6.29

28.42

5,808.1

8,691.4

Return to Menu
Table A.4.2: Treasury Bills Issues and Subscriptions (N' Billion)
Period

Issues

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006

12.0
26.5
45.8
55.9
6.9
65.9
88.7
111.2
130.6
91.9
133.2
136.0
112.3
103.3
103.3
103.3
72.9
88.9
80.9
86.9
1,985.5
2,421.1
3,026.3
3,467.7
2,521.7
1,509.1

Central
Bank
5.9
18.3
28.4
28.1
4.4
40.6
70.8
89.0
106.6
33.0
77.7
123.2
98.0
92.3
86.9
33.9
54.3
61.8
17.4
0.0
1,065.7
929.1
789.2
811.9
996.1
643.2

Commercial
Banks
5.4
7.5
15.8
24.8
2.1
22.4
16.6
20.9
13.9
17.1
25.6
4.5
7.5
5.3
9.1
32.0
11.1
12.9
38.6
58.3
686.2
998.9
1.4
1,403.1
1,257.2
771.6

Merchant
Banks
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
2.5
0.4
0.4
0.8
0.2
0.7
0.5
0.2
2.0
0.4
-

S u b s c r i p t i o n s
Savings Type
Statutory Board/
Corporations
Institutions1
0.1
0.1
0.1
0.0
0.1
0.0
0.1
0.0
0.0
0.0
0.2
0.0
0.2
0.0
0.4
0.2
4.0
4.1
3.9
16.1
1.2
7.6
0.8
1.9
0.8
2.7
0.0
0.1
0.6
2.5
-

Individuals/
Brokers/MMD
0.2
0.5
1.3
2.6
0.3
2.2
0.8
0.5
0.5
1.0
0.0
56.2
6.0

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

Others2
0.2
0.1
0.1
0.2
0.1
0.4
0.2
0.1
1.5
20.8
18.5
5.2
2.9
4.8
4.0
36.7
7.0
14.1
31.0
25.0
233.6
493.1
842.3
1,252.7
124.5
24.5

Development
Banks/ DHs
0.0
-

Total
Subscriptions
12.0
26.5
45.8
55.9
6.9
65.9
88.7
111.2
130.6
91.9
133.2
136.0
112.3
103.3
103.3
103.3
72.9
88.9
88.9
83.7
1,985.5
2,421.1
1,632.9
3,467.7
2,434.0
1,445.3

Return to Menu
Table A.4.2.1: Treasury Bills Issues, Subscriptions and Allotments
Period

Issues

2007
Q1
Q2
Q3
Q4
2008
Q1
Q2
Q3
Q4
2009
Q1
Q2
Q3
Q4
2010
Q1
Q2
Q3
Q4
2011
Q1
Q2
Q3
Q4
2012
Q1
Q2
Q3
Q4
2013
Q1
Q2
Q3
Q4
2014
Q1
Q2
Q3
Q4
2015
Q1
Q2
Q3
Q4

1,304.2
343.1
360.9
328.2
271.9
916.3
253.2
241.3
165.2
256.6
1,392.4
275.6
341.6
322.2
453.0
2,004.0
315.1
419.4
598.6
670.9
3,048.5
706.6
759.9
709.2
872.8
3,609.7
947.5
970.8
822.1
869.3
3,650.9
1,084.5
1,000.5
739.4
826.5
3,879.5
1,176.2
1,053.5
725.6
924.1
3,845.3
1,239.1
994.7
751.3
860.2

Total
Subscriptions
3,141.2
850.5
923.3
502.5
864.9
2,787.8
594.5
977.6
432.6
783.1
2,541.1
679.0
560.0
493.7
808.4
4,324.9
981.9
857.2
1,310.6
1,175.2
6,512.7
1,724.2
1,938.9
1,373.6
1,476.0
8,750.5
1,948.0
2,518.6
2,215.2
2,068.7
7,573.4
2,515.7
1,753.0
1,867.0
1,437.7
8,043.6
2,037.5
3,571.9
1,375.5
1,058.7
9,302.3
2,852.2
2,361.0
1,293.9
2,795.3

Central
Bank
25.1
0.0
0.0
19.6
5.5
7.6
6.4
1.2
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
163.9
163.9
0.0
0.0
0.0
33.5
8.2
7.5
8.9
8.8
93.3
11.2
10.4
62.8
9.0
0.0
0.0
0.0
0.0
0.0

(N' Billion)

Allotments
Commercial
Discount
Banks
Houses
587.3
133.8
170.5
40.3
151.7
46.1
144.2
23.3
120.9
24.1
383.7
69.1
112.1
16.1
68.2
19.1
61.3
11.7
142.1
22.2
876.4
161.6
175.6
13.1
177.9
44.4
216.3
35.6
306.7
68.5
1,478.7
201.2
274.4
19.1
320.5
16.6
391.9
89.8
492.0
75.7
2,001.3
344.7
541.8
76.2
483.9
121.6
497.0
46.6
478.5
100.3
2,142.0
231.3
485.5
104.1
653.6
94.2
546.1
22.7
456.8
10.3
1,836.8
69.2
638.5
39.9
532.4
12.9
301.9
8.0
363.9
8.4
1,985.0
228.9
889.3
40.6
588.8
35.0
288.8
30.3
218.2
123.0
2686.5
0.0
909.0
0.0
637.0
0.0
408.4
0.0
732.1
0.0

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.

Non-Bank
Public 2
558.0
132.3
163.2
141.1
121.4
455.9
118.7
152.7
92.3
92.3
354.4
86.9
119.3
70.3
77.9
324.1
21.6
82.3
117.0
103.2
702.6
88.6
154.4
165.6
293.9
1,072.5
194.0
223.1
253.3
402.2
1,711.4
398.0
447.6
420.5
445.3
1,483.9
235.2
419.4
343.7
573.9
1,158.9
330.2
357.7
343.0
128.1

Total
Allotments
1,304.2
343.1
360.9
328.2
271.9
916.3
253.2
241.3
165.2
256.6
1,392.4
275.6
341.6
322.2
453.0
2,004.0
315.1
419.4
598.6
670.9
3,048.5
706.6
759.9
709.2
872.8
3,609.7
947.5
970.8
822.1
869.3
3,650.9
1,084.5
1,000.5
739.4
826.5
3,879.5
1,176.2
1,053.5
725.6
924.1
3,845.3
1,239.1
994.7
751.3
860.2

Return to Menu
Table A.4.3: Holdings of Treasury Bills Outstanding (N' Billion)
Period

Total
Outstanding1

Ho
Central Bank

Merchant

including Rediscounts

Banks4

1981

5.8

3.4

0.1

1982

9.8

5.5

0.2

1983

13.5

6.0

0.4

1984

15.5

4.9

0.9

1985

17.0

6.2

1.0

1986

17.0

11.6

0.1

1987

25.2

14.2

0.3

1988

35.5

22.6

0.2

1989

24.1

11.2

0.1

1990

25.5

3.4

0.3

1991

56.7

34.8

0.7

1992

103.3

81.1

1.0

1993

103.3

47.4

9.4

1994

103.3

30.2

28.3

1995

103.3

42.0

2.1

1996

103.3

9.5

8.9

1997

221.8

141.7

6.4

1998

221.8

132.5

8.2

1999

361.8

79.9

12.7

2000

465.5

87.4

12.4

2001

584.5

325.3

2002

733.8

147.8

2003

825.1

255.7

2004

871.6

60.8

2005

854.8

82.7

2006

701.4

24.5

21.6

2007

574.9

5.9

25.7

2008

471.9

0.4

26.5

2009

797.5

1.9

59.3

2010

1,277.1

24.5

327.3

2011

1,727.9

69.3

200.4

2012

2,122.9

62.3

31.7

2013

2,581.6

59.0

20.4

2014

2,815.5

1.8

41.4

Q1

2,735.7

3.4

54.2

Q2

2,735.9

1.6

31.0

Q3

2,735.9

1.6

38.4

Q4

2,815.5

1.8

41.4

2015

2,772.9

232.8

19.5

Q1

2,865.5

242.8

22.5

Q2

2,825.0

242.8

24.2

Q3

2,772.9

759.6

11.1

Q4

2,772.9

232.8

19.5

Source: Central Bank of Nigeria


Notes: 1Nominal value
2

Since the Adoption of Universal Banking Practice in 2001, Merchant Banks and Commercial Banks fi

Includes statutory boards, corporations, savings-type institutions, local governments, companies,ind

The figures from 2007 are that of Discount Houses

Holders
Commercial

Parastatals & State

Banks2

Governments

Others3

0.9

0.0

1.4

2.2

0.0

2.0

4.4

0.0

2.7

7.3

0.0

2.4

8.0

0.0

1.8

3.1

0.0

2.2

5.3

0.0

5.5

5.3

0.0

7.5

2.5

0.0

10.3

7.7

0.0

14.0

6.3

0.1

14.9

5.2

0.1

15.9

28.9

0.0

17.7

8.6

0.0

36.2

17.7

0.0

41.5

46.8

0.0

38.1

38.1

0.0

35.7

40.8

40.3

186.1

83.0

275.8

90.0

199.3

59.9

460.2

125.7

430.8

138.6

595.8

215.0

585.0

187.1

499.0

155.5

0.8

525.8

17.6

0.0

325.9

119.1

0.0

585.4

150.8

0.0

925.3

0.0

0.0

1,458.3

0.0

0.0

1,419.6

609.3

0.0

1,317.9

1,184.2

0.0

1,927.7

844.6

0.0

1,937.9

740.3

0.0

1,495.3

1,208.0

0.0

1,928.3

767.6

0.0

1,927.7

844.6

0.0

1,027.4

1,493.2

0.0

1,038.4

1,561.8

0.0

1,020.1

1,537.8

0.0

1,095.5

906.7

0.0

1,027.4

1,493.2

0.0

ommercial Banks figures are aggregated under Commercial Banks

ents, companies,individuals and public accounts with CBN from 1989

Return to Menu
Table A.4.4: Holdings of Treasury Certificates Outstanding (N' Million)
Period
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990 3
1991
1992
1993
1994
1995
1996 4

Total
Outstanding1

Central
Bank

Commercial
Banks

Holders
Merchant
Banks

Federal and
State Govts

Others2

2,301.6

1,112.6

850.4

18.3

320.3

1,665.6

900.3

625.8

2.9

136.6

4,914.4

3,560.7

798.7

11.0

544.0

6,413.1

4,304.2

1,429.5

17.5

661.9

8,354.1

3,724.4

2,264.0

105.0

2,260.7

6,654.7

4,518.3

1,360.8

50.2

725.4

6,654.1

3,431.6

2,322.2

24.8

875.5

6,794.6

3,670.4

2,035.7

8.8

1,079.7

6,944.6

4,483.5

1,095.9

1,365.2

34,214.6

31,847.1

1,036.5

1,326.0

34,214.6

32,813.3

559.3

842.0

34,214.6

22,896.6

324.6

10,993.4

36,584.3

35,307.7

673.7

551.6

37,342.7

22,365.9

614.3

14,362.5

35,687.1

30,079.0

280.8

5,327.3

37,342.7

31,142.9

415.6

5,774.8

5.0

51.3

9.4

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

Return to Menu
Table.4.5: Holdings of Development Stocks (N' Million)
Period

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011 3

Central
Bank1

Commercial
Banks

1,529.1
1,658.6
1,768.6
1,536.6
1,613.4
1,618.3
1,550.3
1,450.5
1,484.9
1,497.8
807.9
121.6
1,506.2
1,207.5
918.1
789.0
1,193.3
494.4
671.6
251.3
251.3
6,903.4
415.0
230.0
158.6
102.5
143.9
129.2
24.6
-

361.9
328.8
301.6
272.1
395.7
545.7
537.2
404.9
39.5
156.8
33.5
29.5
159.0
14.7
471.1
14.0
13.0
4.0
2,692.7
32,504.9
32,758.7
-

Merchant
Bank2

Individuals

1.5
1.9
3.3
1.1
33.0
11.7
5.1
13.6
6.1
6.7
6.4
3.6
157.8
-

4.8
3.6
5.2
5.2
8.0
10.5
44.6
8.3
8.0
6.9
6.7
6.1
5.9
5.2
4.5
5.1
4.2
4.4
3.8
58.0
58.0
63.0
1.9
1.8
1.6
1.6
1.6
1.4
-

Insurance
Companies
103.0
99.4
104.4
100.9
152.5
190.4
194.7
216.8
228.1
157.6
163.2
152.8
119.3
110.6
75.6
101.8
75.0
74.2
109.6
1,460.0
1,460.0
1,473.0
20.7
16.8
16.2
16.0
16.0
2.8
-

Savings-type
Institutions
1,108.2
1,250.3
1,406.3
1,586.2
1,833.2
2,021.9
2,225.2
2,337.5
2,390.3
2,342.1
2,418.3
2,323.2
2,125.2
1,658.2
1,623.8
1,623.8
214.7
1,479.7
132.2
250.8
164.0
276.4
58.9
37.3
35.9
35.4
35.4
12.2
-

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.

The development stocks outstanding as at end-2010 were fully redeemed at end-March 2011.

Foreign holdings of Development Stocks are negligible

State and
Local
Governments
3.4
3.1
2.6
2.6
2.2
6.2
5.7
13.7
8.0
33.9
37.2
37.2
37.2
32.1
1.1
23.5
-

Statutory
Boards and
Corporations
8.0
7.8
9.4
9.4
7.0
7.4
18.3
14.5
38.8
22.1
21.9
21.3
20.6
5.8
4.6
10.3
70.5
51.8
51.8
2.0
2.0
2.0
80.7
50.8
39.8
39.6
39.6
18.7
-

Other
Corporations
& Companies
28.2
62.9
66.4
57.6
109.5
270.9
135.2
160.9
192.3
145.1
156.7
130.8
132.4
125.8
35.2
97.8
10.0
42.5
50.8
13.0
13.0
13.0
31.3
43.1
1.8
1.8
1.8
0.6
-

Agric.
Credit
Guarantee
23.3
98.9
106.7
112.0
119.7
135.5
43.0
154.5
167.6
48.8
4.6
4.6
3.0
2.6
2.6
2.7
1,470.0
-

Bureau
de
Change
28.1
34.6
39.3
45.4
77.2
54.0
-

Federal
Government
428.9
1,446.6
115.7
115.7
115.7
5.6
3.9
3.9
3.8
3.8
3.2
-

Special
Funds
with CBN
181.6
41.6
39.8
40.4
42.5
45.6
8.6
37.4
36.0
40.9
47.1
47.7
69.3
118.4
413.3
200.3
1,258.3
107.4
0.0
167.5
167.5
167.5
622.4
463.8
376.8
292.6
397.2
181.1
-

CBN Sales
Not Yet
Classified
0.1
36.5
58.9
2.3
-55.10
141.1
-53.60
29.4
-82.00
489.4
1,048.0
-486.60
38.4
-0.70
-

Total
3,353.0
3,557.0
3,850.8
3,783.0
4,319.0
4,809.0
4,909.0
4,759.0
4,629.0
4,376.7
4,221.0
3,961.0
3,730.8
3,350.0
3,170.0
3,379.4
2,840.0
2,854.1
2,470.4
2,318.3
2,231.5
11,706.7
34,389.9
32,988.7
980.0
720.0
620.0
520.0
520.0
220.0
-

Return to Menu
Table A.4.6: Transactions at the Nigerian Stock Exchange
Number of Deals
Year
Govt.
118
184
292
194
340
270
294
100
171
118
45
71
39
16
11
6
1
4
8
14
3
1
3
4
5
5
44
1,155
200
127

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015 1

Second
Tier
Industrial
Securities
Loan
10,081
9,830
11,633
17,250
23,231
27,448
42
49
9
14
28
48
15
15
5
3
19
13
19
1
37
138
15
1,043
1,182
33
253
196
924
0
0

Bond

2
82
0
6

Notes: Industrial loans figure for 1961-1986 includes equities


1

Equities

1
2

Source: Nigerian Stock Exchange


Provisional

Active Trading Started in June 1961


Exchange Trust Fund (ETF) is an investment instrument introduced in 2011

Value

20,189
21,460
33,273
39,103
41,716
48,944
40,331
42,010
49,549
49,489
78,078
84,931
123,505
256,515
426,149
451,847
621,697
973,510
1,021,943
1,367,948
2,614,983
3,535,493
1,738,306
1,924,125
1,235,181
1,146,932
3,222,478
1,211,069
955,517

Total
10,199
10,014
11,925
17,444
23,571
27,718
20,525
21,560
33,444
39,270
41,770
49,029
40,398
42,074
49,564
49,515
78,089
84,935
123,509
256,523
426,163
451,850
621,717
973,526
1,021,967
1,367,954
2,615,020
3,535,631
1,739,365
1,925,314
1,235,467
1,147,174
3,224,639
1,211,269
955,650

Govt.
298.7
207.0
384.8
240.9
295.3
477.6
340.0
215.8
582.4
124.3
92.7
85.0
84.7
15.2
12.0
72.6
15.6
0.8
8.1
35.6
2.3
3.0
317.5
7,319.9
1,593.0
1.0
14.1
7.2
292.3
307.0
382.6

Industrial
Loan
6.1
8.0
13.1
15.6
21.3
20.3
42.4
9.7
0.0
34.2
6.0
6.7
263.5
177.1
50.8
50.8
35.3
0.2
0.3
6,517.1
1,730.0
932.8
72.0
1,136.5
3,528.9
412.8
17.1
-

(N' Million)

Second Tier
Securities

1,372.3
702.5
154.7
4.6
61.1
###
###

Bond

0.1
1.0
23.1
58.5

Equities
624.8
27.9
66.9
143.4
400.0
456.2
793.6
1,788.0
6,916.8
10,222.6
13,555.3
14,071.2
28,145.0
57,648.2
59,404.1
113,882.5
223,772.5
254,683.1
468,588.4
1,074,883.9
1,675,613.8
683,932.1
799,194.3
638,753.9
808,420.6
2,350,499.2
1,334,476.1
960,780.4

Total
304.8
215.0
397.9
256.5
316.6
497.9
382.4
850.3
610.3
225.4
242.1
491.7
804.4
985.9
1,838.8
6,979.6
10,330.5
13,571.1
14,072.0
28,153.1
57,683.8
59,406.7
120,402.6
225,820.0
262,935.8
470,253.4
1,076,020.4
1,679,143.7
685,717.3
799,911.0
638,925.7
808,991.4
2,350,875.7
1,334,783.1
961,221.5

Return to Menu
Table A.4.7.1: All Share Index on the Nigerian Stock Exchange
Year
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015

January

February

March

April

May

June

July

August

September

October

November

December

111.3
134.6
166.9
190.8
239.7
343.0
528.7
794.0
1,113.4
1,666.3
2,285.3
5,135.1
7,268.3
6,435.6
5,494.8
5,752.9
8,794.2
10,650.0
13,298.8
22,712.9
23,078.3
23,679.4
36,784.5
54,189.9
21,813.8
22,594.0
26,830.7
20,875.8
31,853.2
40,571.6
29,562.1

112.2
139.7
166.2
191.4
251.0
349.3
557.0
810.7
1,119.9
1,715.3
2,379.8
5,180.4
7,699.3
6,426.2
5,376.5
5,955.7
9,180.5
10,581.9
13,668.8
24,797.4
21,953.5
23,843.0
40,730.7
65,652.4
23,377.1
22,985.0
26,016.8
20,123.5
33,075.1
39,558.9
30,103.8

113.4
140.8
161.7
195.5
256.9
356.0
601.0
839.1
1,130.5
1,792.8
2,551.1
5,266.2
8,561.4
6,298.5
5,456.2
5,966.2
9,159.8
11,214.4
13,531.1
22,896.4
20,682.4
23,336.6
43,456.1
63,016.6
19,851.9
25,966.3
24,621.2
20,652.5
33,536.3
38,748.0
31,744.8

115.6
146.2
157.5
200.1
257.5
362.0
625.0
844.0
1,147.3
1,845.6
2,785.5
5,412.4
8,729.8
6,113.9
5,315.7
5,892.8
9,591.6
11,399.1
13,488.0
25,793.0
21,961.7
23,301.2
47,124.0
59,440.9
21,491.1
26,453.2
25,041.7
22,045.7
33,440.6
38,492.1
34,708.1

116.5
144.2
154.2
199.2
257.1
382.3
649.0
860.5
1,186.9
1,875.5
3,100.8
5,704.1
8,592.3
6,033.9
5,315.7
6,095.4
10,153.8
11,486.7
14,086.3
27,730.8
21,482.1
24,745.7
49,930.2
58,929.0
29,700.2
26,183.2
25,866.6
22,066.4
37,794.8
41,474.4
34,310.4

116.3
147.4
196.1
206.0
259.2
417.4
651.8
870.8
1,187.5
1,919.1
3,586.5
5,798.7
8,459.3
5,892.1
5,977.9
6,466.7
10,937.3
12,440.7
14,565.5
28,887.4
21,564.8
26,316.1
51,330.5
55,949.0
26,861.6
25,384.1
24,980.2
21,599.6
36,164.3
42,482.5
33,456.8

117.2
150.9
193.4
211.5
269.2
445.4
688.0
879.7
1,180.8
1,926.3
4,314.3
5,919.4
8,148.8
5,817.0
4,964.4
6,900.7
10,576.4
12,458.2
13,962.0
27,062.1
21,911.0
27,880.5
53,021.7
53,110.9
25,286.6
25,844.2
23,827.0
23,061.4
37,914.3
42,097.5
30,180.3

117.0
151.0
193.0
217.6
281.0
463.6
712.1
969.3
1,195.5
1,914.1
4,664.6
6,141.0
7,682.0
5,795.7
4,946.2
7,394.1
10,329.0
12,327.9
15,426.0
23,774.3
22,935.4
33,096.4
50,291.1
47,789.2
23,009.1
24,268.2
21,497.6
23,750.8
36,248.5
41,532.3
29,684.8

116.9
155.0
194.9
224.1
279.9
468.2
737.3
1,022.0
1,217.3
1,956.0
4,858.1
6,501.9
7,130.8
5,697.7
4,890.8
7,298.9
10,274.2
11,811.6
16,500.5
22,739.7
24,635.9
32,554.6
50,229.0
46,216.1
22,065.0
23,050.6
20,373.0
26,011.6
36,585.1
41,210.1
31,217.8

119.1
160.9
154.8
228.5
298.4
480.3
757.5
1,076.5
1,310.9
2,023.4
5,068.0
6,634.8
6,554.8
5,671.0
5,032.5
7,415.3
11,091.4
11,451.5
18,743.5
23,354.8
25,873.8
32,643.7
50,201.8
36,325.9
21,804.7
25,042.2
20,935.0
26,430.9
37,622.7
37,550.2
29,177.7

124.6
163.3
193.4
231.4
311.2
502.6
769.0
1,098.0
1,414.5
2,119.3
5,095.2
6,775.6
6,395.8
5,688.2
5,133.2
7,164.4
11,169.6
11,622.7
19,319.3
23,270.5
24,355.9
32,632.5
54,189.9
33,025.8
21,010.3
24,764.7
20,003.4
26,494.4
38,920.9
34,543.1
27,617.5

127.3
163.8
190.9
233.6
325.3
513.8
783.0
1,107.6
1,543.8
2,205.0
5,092.2
6,992.1
6,440.5
5,672.7
5,266.4
8,111.0
10,963.1
12,137.7
20,128.9
23,844.5
24,085.8
33,189.3
57,990.2
31,450.8
20,827.2
24,770.5
20,730.6
28,078.8
41,329.2
34,657.2
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
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015

Stocks/Securities
3.1
3.0
3.5
2.9
3.5
2.7
4.2
4.5
4.2
3.4
3.3
3.2
3.6
3.2
3.2
3.0
2.8
2.7
2.4
2.1
8.3
12.7
25.2
178.1
365.5
903.0
2,976.6
2,559.0
2,030.8
1,939.3
2,400.5
4,425.0
4,456.9
5,248.0
6,942.9

Debt/Bonds
1.0
0.2
0.4
0.4
0.4
0.6
0.8
1.4
1.8
2.1
2.1
2.1
3.0
2.8
3.1
3.1
4.1
5.8
3.5
8.4
7.9
9.8
3.5
17.0
16.4
10.1
56.4
1,341.3
1,400.4
1,394.0
145.0
205.9

Note: Exchange Trust Fund (ETF) is an investment instrument introduced in 2011


Source: Nigerian Stock Exchange

ETF

Equities

1.0
1.0
0.3
4.5
4.0

1.9
1.0
2.2
2.4
2.7
3.7
4.0
5.1
8.0
12.1
18.4
26.2
41.8
61.0
175.1
279.8
276.3
256.8
294.5
466.1
648.4
748.7
1,325.7
1,926.5
2,523.5
4,227.1
10,180.3
6,957.5
4,989.4
7,913.8
6,532.6
8,974.4
13,226.0
11,477.7
9,850.6

Total
5.0
5.0
5.7
5.5
6.6
6.8
8.2
10.0
12.8
16.3
23.1
31.2
47.5
66.3
180.4
285.8
281.9
262.6
300.0
472.3
662.5
764.9
1,359.3
2,112.5
2,900.1
5,120.9
13,181.7
9,563.0
7,030.8
9,918.2
10,275.3
14,800.9
19,077.4
16,875.1
17,003.4

Return to Menu
Table A.4.7.3: Nigerian Stock Exchange Market Capitalization - Equities Only (N' Billion)
Year
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015

January

February

March

April

May

June

July

August

September

October

November

December

4.8
5.8
7.2
8.3
10.4
14.8
22.9
34.4
48.2
72.1
98.9
222.2
314.5
278.5
247.6
321.3
506.1
629.9
841.2
1,534.9
1,863.7
2,566.4
4,976.3
10,692.7
4,879.1
5,441.6
8,744.2
6,579.1
10,191.3
13,005.5
9,846.6

4.9
6.0
7.2
8.3
10.9
15.1
24.1
35.1
48.5
74.2
103.0
224.2
333.2
278.2
242.7
332.6
542.8
625.9
864.6
1,740.2
1,783.2
2,574.1
5,510.2
12,503.2
5,231.9
5,535.7
8,315.6
6,342.0
10,583.8
12,706.8
10,044.6

4.9
6.1
7.0
8.5
11.1
15.4
26.0
36.3
48.9
77.6
110.4
227.9
370.5
272.6
246.3
333.2
541.5
663.3
846.9
1,635.0
1,680.0
2,510.8
6,150.0
12,125.9
4,483.5
6,280.6
7,866.6
6,549.8
10,733.3
12,445.7
10,717.5

5.0
6.3
6.8
8.7
11.1
15.7
27.0
36.5
49.6
79.9
120.5
234.2
377.8
264.6
240.1
329.1
567.1
680.9
840.1
1,833.0
1,798.7
2,611.4
6,745.5
11,491.3
4,883.3
6,398.4
8,000.9
7,030.6
10,691.7
12,671.6
11,787.0

5.0
6.2
6.7
8.6
11.1
16.5
28.1
37.2
51.4
81.2
134.2
246.8
371.8
261.2
222.1
340.4
600.3
679.4
877.3
1,977.4
1,844.6
2,803.6
7,383.1
11,614.5
6,759.6
6,368.8
8,270.5
7,042.8
12,075.2
13,694.7
11,658.8

5.0
6.4
8.5
8.9
11.2
18.1
28.2
37.7
51.4
83.0
155.2
250.9
366.1
255.3
280.9
361.1
646.6
742.0
896.9
2,066.0
1,886.2
2,958.6
7,817.9
10,920.3
5,986.3
6,174.4
7,987.1
6,895.3
11,426.3
14,027.7
11,421.0

5.1
6.5
8.4
9.2
11.6
19.3
29.8
38.1
51.1
83.4
186.7
256.2
352.6
252.2
236.7
394.9
625.3
751.9
859.7
1,919.3
1,951.3
3,170.7
8,262.8
10,640.6
5,796.5
6,320.6
7,621.7
7,340.1
12,007.2
13,900.5
10,344.4

5.1
6.5
8.4
9.4
12.2
20.1
30.8
41.9
51.7
82.8
201.9
265.8
332.4
255.1
236.1
423.1
610.7
754.8
949.9
1,686.1
2,076.6
3,829.2
7,819.7
9,744.5
5,274.4
5,946.8
6,876.6
7,560.1
11,496.6
13,713.9
10,336.9

5.1
6.7
8.4
9.7
12.1
20.3
31.9
44.2
52.7
84.6
210.2
281.4
308.6
251.9
233.4
417.6
607.4
723.2
1,028.5
1,688.0
2,362.9
4,083.7
8,020.6
9,836.9
5,130.3
5,648.3
6,496.7
8,282.3
11,652.9
13,607.4
10,728.9

5.2
7.0
6.7
9.9
12.9
20.8
32.8
46.6
56.7
87.6
219.3
287.1
283.7
251.7
243.7
425.8
655.7
706.4
1,168.3
1,824.0
2,578.5
4,027.0
8,047.4
7,969.1
5,144.0
7,982.5
6,626.8
8,422.7
12,020.9
12,437.0
10,027.8

5.4
7.1
8.4
10.0
13.5
21.7
33.3
47.5
61.2
91.7
220.5
293.2
276.8
256.4
280.2
411.4
660.7
716.9
1,250.3
1,872.0
2,452.4
3,937.8
8,990.8
7,305.9
4,998.1
7,908.3
6,294.9
8,465.6
12,448.9
11,404.3
9,495.5

5.5
7.1
8.3
10.1
14.1
22.2
33.9
47.9
66.8
95.4
220.4
302.6
278.7
256.9
294.1
466.1
648.4
748.7
1,324.9
1,925.9
2,523.5
4,227.1
10,180.3
6,957.5
4,989.4
7,913.8
6,532.6
8,974.4
13,226.0
11,477.7
9,850.6

Source: Nigerian Stock Exchange

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Table A.5.1: Savings Statistics - Cumulative (N' Billion)
Period

Savings and
Time Deposit
with Comm.
Bank

National
Provident
Fund

Federal
Savings
Bank

Federal
Mortgage
Bank

Time Deposits
with Merchant
Banks

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015 /2

5.80
6.34
8.08
9.39
10.55
11.49
15.09
18.40
17.81
23.14
30.36
43.44
60.90
76.13
93.33
115.35
154.06
161.93
241.60
343.17
451.96
556.01
655.74
797.52
1,316.96
1,739.64
2,693.55
4,118.17
5,763.51
5,954.26
6,531.91
8,062.10
8,606.61
11,936.90
11,363.49

0.38
0.41
0.47
0.50
0.54
0.58
0.61
0.65
0.70
0.72
0.65
0.72
0.77
0.76
0.73
1.37
1.37
1.37
1.37
1.37
-

0.01
0.00
0.01
0.01
0.01
0.01
0.02
0.02
0.04
-

0.06
0.07
0.09
0.11
0.10
0.12
0.13
0.20
0.21
0.30
0.43
0.73
0.82
0.82
0.44
0.44
22.30
22.30
-

0.33
0.69
0.79
0.97
1.32
1.74
2.82
3.98
3.97
4.35
5.01
8.34
19.30
11.32
11.10
15.51
19.76
30.30
24.71
26.61
-

Premium
Bonds, Savings
Cert. & Savings
Stamps

Life
Insurance
Funds

Other
Deposit
Institutions1

Total
Savings

GDP at
Current
Basic Prices

Total Savings
as Ratio of GDP
at Current
Basic Prices

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-

1.07
1.14
1.24
1.41
1.57
19.44
2.89
1.95
3.83
4.62
4.34
8.37
8.49
8.49
-

0.05
0.48
1.68
2.51
1.70
0.00
1.41
5.65
5.66
3.93
3.93
0.80
13.47
-

6.56
7.51
9.44
10.99
12.52
13.93
18.68
23.25
23.80
29.65
37.74
55.12
85.03
110.97
108.49
134.50
177.65
200.07
277.67
385.19
488.05
592.09
655.74
797.52
1,316.96
1,739.64
2,693.55
4,118.17
5,763.51
5,954.26
6,531.91
8,062.90
8,656.12
12,008.21
11,418.41

94.33
101.01
110.06
116.27
134.59
134.60
193.13
263.29
382.26
472.65
545.67
875.34
1,089.68
1,399.70
2,907.36
4,032.30
4,189.25
3,989.45
4,679.21
6,713.57
6,895.20
7,795.76
9,913.52
11,411.07
14,610.88
18,564.59
20,657.32
24,296.33
24,794.24
54,612.26
62,980.40
71,713.94
80,092.56
89,043.62
94,144.96

6.96
7.44
8.58
9.45
9.30
10.35
9.67
8.83
6.23
6.27
6.92
6.30
7.80
7.93
3.73
3.34
4.24
5.01
5.93
5.74
7.08
7.60
6.61
6.99
9.01
9.37
13.04
16.95
23.25
10.90
10.37
11.24
10.81
13.49
12.13

36.05
71.31
54.91

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.

Return to Menu
Table A.6.1: Income and Expenditure of Insurance Companies in Nigeria (N' Million)
Income
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999 2
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011

Wholly
Nigerian

Joint

Foreign1

All
Companies

151.2
159.6
172.0
140.6
118.6
148.8
259.7
300.4
507.5
657.2
842.4
1,501.2
5,087.3
13,649.5
13,520.9
11,202.5
13,405.8
14,756.8

89.5
100.0
56.7
97.0
86.5
114.9
160.3
206.3
194.3
391.3
491.9
1,016.7
813.9
1,022.2
1,066.7
1,948.1
3,113.2
3,089.7

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

8,996.1
11,615.5
15,248.1
18,131.4
30,435.3
34,258.4
41,631.7
42,880.6
N/A
N/A

1,883.5
2,432.0
3,192.6
3,796.2
6,372.3
7,172.8
8,716.6
8,978.1
N/A
N/A

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
N/A
N/A

N/A

N/A

N/A

N/A

N/A

N/A

240.7
259.5
228.6
237.6
205.1
263.7
420.0
506.7
701.8
1,048.4
1,334.2
2,517.9
5,901.3
14,671.7
14,587.6
13,150.6
16,519.0
17,846.5

Expenditure
Joint
Foreign1

Wholly
Nigerian
105.7
109.3
164.3
111.8
123.2
128.3
163.8
223.7
420.5
439.6
605.6
1,459.8
5,308.9
2,934.9
4,306.0
4,533.9
4,870.7
5,450.0

69.0
80.2
49.1
76.2
73.6
93.9
106.9
133.8
156.9
259.0
352.1
1,022.7
666.9
863.9
1,059.1
1,382.2
1,628.7
1,724.3

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

10,879.6
14,047.5
18,440.7
21,927.6
36,807.7
41,431.2
50,348.3
51,858.7
105,379.3
157,206.0

4,499.6
4,276.5
4,641.9
5,955.5
7,152.3
9,179.7
9,421.6
9,704.2
N/A
N/A

1,423.6
1,353.0
1,468.6
1,884.2
2,262.9
2,904.3
2,980.8
3,070.2
N/A
N/A

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
N/A
N/A

5,923.2
5,629.5
6,110.5
7,839.7
9,415.2
12,084.0
12,402.4
12,774.5
25,133.2
37,412.6

N/A

189,960.5

N/A

N/A

N/A

61,969.2

N/A

200,376.0

N/A

N/A

N/A

53,815.4

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
Wholly Foreign owned insurance companies ceased to exist in Nigeria since the promulgation of the Nigerian Enterprises Promotion Decree of 1977

1
2

All
Companies

The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.

174.7
189.5
213.3
188.1
196.7
222.2
270.7
357.5
577.4
698.6
957.8
2,482.5
5,975.7
3,798.9
5,365.1
5,916.1
6,499.4
7,174.3

Return to Menu
Table A.6.2: Sources of Income of Insurance Companies in Nigeria - All Companies 1 (N' Million)
General (Non Life)
Sub Total
Premiums
(A)

Year

Fire

Motor
Vehicle

Accident

Employers
Liabilities

Life
Marine

Oil & Gas

Miscellaneous

Other Income
Sub Total
(B)

Interest
Dividend
Other
& Rents Receipts

Sub Total

Total
Income
( 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

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

1999

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
Wholly Foreign owned insurance companies ceased to exist in Nigeria since the promulgation of the Nigerian Enterprises Promotion Decree of 1977

1
2

The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.

Return to Menu
Table A.6.3: Breakdown of Total Expenditure of Insurance Business - All Companies1 (N' Million)
Claims
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999 2
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011

Fire

Accident

(A)

General (Non-Life)
Motor
Employers
Vehicle

Life
Marine

Oil and Gas

Liabilities

Miscellaneous

Other
Management
Expenditure
(B)
Expenses

Net

Other

Commission

Expenses

(C)

Total
Expenditure
(A+B+C)

74.2
79.2
78.6
77.7
64.0
86.4
109.4
151.1
278.9
306.5
386.9
613.9
2,684.1
1,315.3
1,508.9
1,654.1
1,677.3
1,956.2

6.3
6.8
6.0
5.3
(0.0)
6.9
16.4
16.5
47.0
61.5
80.4
114.8
1,161.0
267.4
194.5
342.7
349.1
388.1

3.7
5.5
5.6
6.3
6.4
5.9
8.4
11.2
28.8
30.8
42.8
66.8
448.7
193.8
207.1
276.9
376.6
396.7

47.0
44.7
55.6
53.7
54.2
54.2
55.6
67.8
73.1
114.5
164.8
267.4
607.3
605.2
563.6
712.3
780.9
832.9

1.3
1.5
1.2
1.2
0.9
0.8
8.0
0.8
2.0
2.3
5.6
8.3
12.8
22.0
9.6
54.5
42.0
39.8

10.0
10.4
5.4
8.0
(0.0)
11.4
3.3
30.2
110.0
37.3
58.0
81.2
119.5
132.4
184.4
191.8
106.1
129.5

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

6.0
10.4
4.8
3.2
2.6
7.2
17.7
24.6
18.0
60.1
35.2
75.4
334.7
94.5
349.6
75.8
22.6
169.2

100.5
110.4
134.8
110.3
132.7
135.8
158.5
206.4
298.5
388.6
570.9
1,157.6
3,291.6
2,483.6
3,856.2
4,262.1
4,822.1
5,218.1

86.4
99.7
106.2
84.5
114.3
127.9
150.6
184.2
267.0
336.5
522.2
863.6
1,483.0
1,896.2
2,399.7
3,913.3
3,573.5
3,820.2

5.6
10.4
21.5
22.7
13.2
3.9
6.9
13.0
23.9
49.6
40.6
267.9
1,012.8
407.2
1,410.4
112.1
853.6
969.8

8.5
0.3
7.1
3.2
5.3
4.0
1.0
9.2
7.5
2.6
8.1
26.2
795.7
180.2
46.0
236.7
395.0
428.1

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
0.0
0.0
0.0
0.0
0.0

174.7
189.5
213.3
188.1
196.7
222.2
267.9
357.5
577.4
695.1
957.8
1,771.5
5,975.7
3,798.9
5,365.1
5,916.1
6,499.4
7,174.3

5,923.2
5,629.5
6,110.5
6,856.1
9,415.2
12,084.0
12,402.4
76,276.1
15,843.7
25,864.9

891.0
1,107.7
1,164.7
1,857.9
1,681.7
2,724.4
2,766.7
6,663.0
1,793.4
6,076.6

1,649.0
806.3
957.8
109.3
2,266.8
2,852.9
3,138.2
15,239.8
3,829.1
4,467.5

1,824.7
1,804.2
2,315.9
2,818.7
3,040.2
3,476.2
3,733.4
20,735.0
6,196.1
9,935.5

93.8
112.4
132.4
110.8
126.8
189.5
153.6
912.7
207.5
319.2

1,068.9
440.8
790.7
900.9
1,240.6
1,361.4
1,266.2
10,493.4
1,904.2
3,185.0

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
235.0

395.8
1,358.1
749.0
1,058.7
1,059.2
1,479.6
1,344.4
22,232.3
1,913.4
1,646.1

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
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
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
9,289.5
11,547.7

5,923.2
5,629.5
6,110.5
6,856.1
9,415.2
12,084.0
12,402.4
76,276.1
25,133.2
37,412.6

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

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

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

The Annual Reports of National Insurrance Commission for 2012, 2013 & 2014 were yet to be released.

Return to Menu
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.

Return to Menu
Table A.6.5: Total Insurance Business Investments (N' Million)
Government
Securities

Year

Stocks
& Bonds

Real Estate
& Mortgage

Policy &
Other Loans

Cash at Hand
& Deposit

Bills of
Exchange

Total
Investment

1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008 1

1,546.2
2,012.0
4,145.9
2,987.2
3,559.0
3,842.7
3,752.1
4,489.2
4,169.1
4,178.1
4,858.1
20,914.8
21,374.9

4,047.8
4,095.4
3,633.2
4,174.0
4,992.9
6,786.3
8,350.9
11,490.3
20,071.9
61,800.8
121,813.1
222,278.9
227,169.1

2,523.2
2,683.5
212.0
332.7
282.3
359.3
960.3
14,272.8
21,832.2
33,788.2
45,186.8
45,331.9
46,329.2

795.9
842.1
2,301.2
4,124.5
5,212.1
6,706.4
7,901.0
3,767.0
6,769.1
5,590.7
7,884.7
12,945.8
13,230.6

3,347.1
3,815.9
1,993.2
4,184.2
3,844.4
4,284.6
4,095.4
6,722.3
5,461.4
10,185.4
30,314.2
22,508.7
23,003.9

119.3
164.2
3,371.5
5,780.9
7,302.0
10,178.0
11,881.2
13,901.2
16,287.1
6,301.1
6,303.0
5,267.8
5,383.7

12,379.5
13,613.1
15,656.9
21,583.5
25,192.6
32,157.3
36,940.9
54,642.8
74,590.8
121,844.2
216,359.9
329,247.9
336,491.4

2009

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.

Return to Menu
Table A.7.1: Selected Financial Deepening Indicators
Year

Money Supply2
(M2)
(N' Billion)

Credit to Private
Sector2 (CPS)
(N' Billion)

GDP at Current
Basic Prices
(N' Billion)

(M2/GDP) (%)

(CPS/GDP) (%)

1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013

14.47
15.79
17.69
20.11
22.30
23.81
27.57
38.36
45.90
52.86
75.40
111.11
165.34
230.29
289.09
345.85
413.28
488.15
628.95
878.46
1,269.32
1,505.96
1,952.92
2,131.82
2,637.91
3,797.91
5,127.40
8,008.20
9,411.11
11,034.94
12,172.49
13,895.39
15,160.29

8.57
10.67
11.67
12.46
13.07
15.25
21.08
27.33
30.40
33.55
41.35
58.12
127.12
143.42
180.00
238.60
316.21
351.96
431.17
530.37
764.96
930.49
1,096.54
1,421.66
1,838.39
2,290.62
3,680.09
6,941.38
9,147.42
10,157.02
10,660.07
14,649.28
15,751.84

94.33
101.01
110.06
116.27
134.59
134.60
193.13
263.29
382.26
472.65
545.67
875.34
1,089.68
1,399.70
2,907.36
4,032.30
4,189.25
3,989.45
4,679.21
6,713.57
6,895.20
7,795.76
9,913.52
11,411.07
14,610.88
18,564.59
20,657.32
24,296.33
24,794.24
54,612.26
62,980.40
71,713.94
80,092.56

15.3
15.6
16.1
17.3
16.6
17.7
14.3
14.6
12.0
11.2
13.8
12.7
15.2
16.5
9.9
8.6
9.9
12.2
13.4
13.1
18.4
19.3
19.7
18.7
18.1
20.5
24.8
33.0
38.0
20.2
19.3
19.4
18.9

9.1
10.6
10.6
10.7
9.7
11.3
10.9
10.4
8.0
7.1
7.6
6.6
11.7
10.2
6.2
5.9
7.5
8.8
9.2
7.9
11.1
11.9
11.1
12.5
12.6
12.3
17.8
28.6
36.9
18.6
16.9
20.4
19.7

2014 1
2015

17,679.29

17,129.68

89,043.62

19.9

19.2

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

Financial Deepening

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