Nigeria : Financial Sector Stability Assessment

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

May 28, 2013

Electronic Access:

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Summary:

This Financial Sector Stability Assessment on Nigeria discusses the macroeconomic performance and structure of the financial system. Although Nigerian economy experienced both domestic and external shocks in recent years, the economy continued to grow rapidly, achieving more than 7 percent growth each year since 2009. The performance of financial institutions has begun to improve, though some of the emergency anti-crisis measures continue to be in place. However, the regulatory and supervisory framework has gaps and weaknesses. In sum, the Nigerian economy has emerged from the banking crisis, and has the potential to enjoy an extended period of strong economic growth.

Series:

Country Report No. 13/140

Subject:

English

Publication Date:

May 28, 2013

ISBN/ISSN:

9781484304440/1934-7685

Stock No:

1NGAEA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

132

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