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MONEY MARKET AND THE DEVELOPMENT OF THE NIGERIAN ECONOMY

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The money market consists of structures for obtaining or mobilizing short-term funds or exchanging financial assets representing short-term claims. The market trades on various instruments which essentially have short-dated maturities, usually one year. This market is an important aspect of the financial market in any economy usually a well functioning financial market gives liquidity to financial assets, in addition to the mobilization of ...

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