Central Bank of Nigeria, Monetary, Credit, Foreign Trade, Exchange, Monetary Policy Measures.


This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1994. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1993 and thus provides the background to the policy measures for 1994. Section two details the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1994 are highlighted in section three and list of prohibited import and export items is provided in the Appendix.

Author Bio

The Central Bank of Nigeria is the author of this article.

Publication Title

CBN Bullion


No. 1


Volume 18



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