1/6/2018/CBN
This Financial Markets Department 2017 Annual Activity Report is the eighth in the series. It seeks to inform the public on the measures taken by the Department to implement the decisions of the CBN and its Monetary Policy Committee towards the achievement of price and financial system stability.
The report is structured into seven chapters. Chapter one provides an overview of global and domestic developments and their impact on the financial markets, while chapter two analyses domestic money market operations. Chapter three presents salient developments in the foreign exchange markets and chapter four focuses on the capital market.
The Federal Government domestic debt issues, internal and inter-agency committee activities are considered in chapters five and six, respectively. Chapter seven presents major changes in the Nigerian financial markets, while guidelines and circulars issued or revised in 2017 are contained in the appendices.
The Department wishes to express its appreciation to the Management of the CBN for providing support and the enabling environment to deliver on its mandates. In addition, I commend the staff of the department for their unflinching diligence and commitment to duty.
