Essay about Finance

49594 Words Sep 17th, 2015 199 Pages
Table 1
Selected Interest Rates
(Per cent)
2008

2009

2010 /1

2011 /2

2012 /2

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Treasury Bill Issue Rate

8.50

8.30

8.80

8.70

4.00

7.40

6.40

6.40

1.49

3.05

5.23

9.10

8.89

8.83

9.32

15.67

14.92

14.98

13.08

11.82

Monetary Policy Rate 3/

9.50

10.25

9.75

9.75

9.75

8.00

6.00

6.00

6.00

6.00

6.25

6.25

7.50

8.00

9.25

12.00

12.00

12.00

12.00

12.00

Savings

2.94

2.79

2.75

2.92

2.62

2.67

2.36

3.33

3.03

1.95

1.49

1.51

1.41

1.40

1.46
…show more content…
8.04

9.95

Prime

15.23

15.17

14.77

15.26

19.19

19.08

18.91

19.55

19.03

17.65

16.66

15.74

15.81

15.76

15.87

16.75

17.27

16.93

16.37

16.54

Maximum

17.58

18.03

19.24

21.15

22.62

22.67

22.81

23.77

23.62

22.03

22.20

21.86

22.02

22.02

22.09

23.21

23.22

23.44

24.67

24.61

Average Term Deposit

9.48

10.83

11.69

11.32

11.45

11.68

10.00

11.88

6.43

4.35

3.47

3.76

4.25

4.84

4.82

5.94

7.06

6.92

7.46

8.99

Spread (Maximum Lending-Average Term Deposit)

8.09

7.19

7.55

9.83

11.17

10.99

12.81

11.89

17.19

17.68

18.74

18.09

17.77

17.18

17.27

17.27

16.16

16.52

17.21

15.62

Inter-bank call Rate (weighted average)

9.37

11.23

15.42

12.17

20.60

18.60

9.70

4.68

1.50

2.73

2.71

8.03

8.78

11.66

10.50

15.50

14.33

14.98

13.22

11.73

Government Securities

Deposit Rates (Weighted Average)

Term Deposits Maturing in:

Lending Rates (Weighted Average)

1/ Revised
2/ Provisional
3/ MRR was changed to MPR in December 2006
Source: Central Bank of Nigeria

1

Table 2
Loans Guaranteed under ACGSF by Size and Purpose
(January – December 2012)
Purpose

5,000 & Below
Amount
(N' Thousand)
No

LIVESTOCK
Poultry
Cattle
Sheep/Goat
Others
Sub-Total

-

FISHERIES

5,001 -

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