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The Role Of Central Banks In Capital Market Development: The Nigerian Experience., Alhaji A. Ahmed Dec 1992

The Role Of Central Banks In Capital Market Development: The Nigerian Experience., Alhaji A. Ahmed

Bullion

Central banks, especially in Third World countries, play a major role in the growth and development process. Although the structures, functions and powers of central bank vary from country to country, depending on the economic, political, social and other environmental realities prevailing in society, the primary role of any central bank is the promotion of monetary stability and a sound financial system. In performing this role, a central bank necessarily undertakes some functions which include the issue of legal tender currency, maintenance of the value of the national currency, enhancement of funds mobilization, facilitation of competitive efficiency among banks and …


Developments In The Banking And Finance Industry: Institutional Framework 1970 - Date Changes In Ownership Structure., J O. Sanusi Jun 1992

Developments In The Banking And Finance Industry: Institutional Framework 1970 - Date Changes In Ownership Structure., J O. Sanusi

Bullion

This paper provides a historical review of the ownership structure of Nigerian banks from the beginning of banking activities in the country in 1894 to the present. It shows that the ownership structure has both influenced changes in the institutional and legal framework and has also been influenced by them. The paper also analysed some of the implications of the changing structure of ownership and offered some recommendations.


Exchange Rates Developments In Nigeria, R A. Olukole Mar 1992

Exchange Rates Developments In Nigeria, R A. Olukole

Bullion

This paper discusses the determinants and behaviour of exchange rates. It also examines the exchange rate policies in Nigeria from 1960 - 1991. The pricing methodology was examined with an overview of the Naira exchange rate movements from 1986 - 1991. The paper is divided into four parts. Part I highlights the determinants and behaviour of exchange rates. Part II discusses the exchange rate policies in Nigeria from 1986 - 1991. Part III focuses on the pricing methodology with an overview of the Naira exchange rate movements from 1986-1991. Part IV examines the Parallel market and the Bureau DE Change …


Economic Development Policies Industrial Development Commissions State Of Massachusetts, Umass Amherst Center Economic Development Jan 1992

Economic Development Policies Industrial Development Commissions State Of Massachusetts, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report explores the potential economic policies the state of Massachusetts can put into place to grow its industrial development. The report examines the geography and economy of the region, the labor market, demographic shifts, the size of the community, and the structure of the local government.