Nigerian Banks

The Central Bank of Nigeria keeps a record of foreign currency deposits held by commercial banks on behalf of their customers. The amount includes balances in domiciliary accounts of customers and is reported in Naira using the official prevailing exchange rate published by the CBN. The balances are also excluded from the external reserves reported by the CBN.

This data is updated monthly.

Balance in bank Domiciliary Accounts


Nairametrics Research team tracks, collates, maintains and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. Our analysts share some of the data collated on Nairametrics, using formats such as docs, tables and charts etc. The team also publishes research based analysis as articles on a regular basis.

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