Key Insight
The CBN balance sheet expanded from approximately ₦6T in 2005 to over ₦40T by 2023 driven by oil revenue growth, monetary policy operations and FX interventions. Gold holdings represent Nigeria's international gold reserve position.
Total Assets and Liabilities (NGN Billions)
The CBN's balance sheet has grown substantially since 2005, reflecting the scale of its monetary operations and foreign reserve holdings.
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Total AssetsTotal Liabilities
Gold, Government Deposits and Bankers Deposits
Government and bankers' deposits at the CBN — and its gold holdings — show how much of the financial system's liquidity sits directly on the central bank's books.
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GoldGovt DepositsBankers Deposits
Balance Sheet Data Table
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