Developments in the Financial System during the Third Quarter of 1986

Authors

Central Bank of Nigeria CBN, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Financial System, Finance, Nigeria, Third Quarter

Abstract

The narrow measure of money stock, (Ml), declined during the third quarter due, on the one hand, to increases in quasi money and 'other' assets of the banking system and on the other, partially offsetting increases in foreign assets and in credit to the domestic economy. The broader measure, (M2), maintained an upward trend. The money and capital market both recorded moderate increases in the level activities during the quarter.

Author Bio

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

Publication Title

CBN Economic and Financial Review

Issue

3

Volume

24

Recommended Citation

Central Bank of Nigeria (1986). Developments in the Financial System during the Third Quarter of 1986. CBN Economic and Financial Review. 24(3), 4-10.