Central Bank of Nigeria
Financial System, Finance, Nigeria, Third Quarter
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.
CBN Economic and Financial Review
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.