Download Tag: THE IMPACT OF MONETARY POLICY

CHAPTER ONE INTRODUCTION Banks are the most regulated of all business in Nigeria.  This is because of the nature of banking itself and its centrality to the effective functioning of the economic system. The importance and centrality of the banking system in the development of an economy is obvious and beyond dispute.  It plays some roles which include financial intermediation provision of an efficient payment system and facilitating the implementation ...

CHAPTER ONE 1.0   INTRODUCTION 1.1   BACKGROUND OF THE STUDY The banking sector is largely dominated by commercial banks and by far the most important in any developing countries like Nigeria. Globally, the unique role of banks as the engine of growth in any economy has been widely acknowledged (Adegbaju and Olokojo, 2014; Kolapo, Ayeni and Oke, 2012; Mohammed, 2012). In fact, the intermediation role of banks can be said to ...

 ABSTRACT This extended essay examines the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement; interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. The result may vary ...

Abstract   This study examines the impact of monetary policy foreign trade in Nigeria. In doing this, chi-square statistics is used to analyse data for the study. The result of the analysis shows that monetary policy presented by money supply exerts a positive impact on GDP growth and Balance of Payment but negative impact on rate of inflation. The recommendations are that monetary policy should facilitate a favourable investment climate through ...

Abstract This research work is centered on the impact of Monetary Policy on Balance of Payment in Nigeria with the scope being from 1970 to 2006. The Central Bank of Nigeria (CBN) monetary policy instruments were discussed and the IS-LM framework of an open economy was also discussed including the CBN monetary policy guideline from 1970 to date which is the major channel through which the Central Bank’s activities are ...