Developments in the Financial Sector during the Fourth Quarter of 1983

Authors

Central Bank of Nigeria CBN, Central Bank of Nigeria, Abuja

Publisher

Central Bank of Nigeria

Keywords

Developments, Financial Sector, Economy, Economic Development, Nigeria

Abstract

Money supply, narrowly defined , Ml, attained a seasonal peak of N 11,282.4 million at the end of the fourth quarter of 1983, thus showing an increase of N256.5 million or 2.3 per cent over the level in the preceding quarter, compared with the increase of N950. l million or 10.4 per cent in the corresponding period of 1982. Over the level a year earlier, the rise in this aggregate was Nl ,233.9 million or 12.3 per cent.

Author Bio

The authors are staff of the Money and Banking Office of the Research Department of the Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

21

Recommended Citation

Central Bank of Nigeria (1983). Developments in the Financial Sector during the Fourth Quarter of 1983, CBN Economic and Financial Review, 21(4), 3 - 5.