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Central Bank of Nigeria

Economic and Financial Review

Journal

Development

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The Performance Of The Nigerian Capital Market Since Deregulation In 1986., J. A. Babalola, M. A. Adegbite Mar 2001

The Performance Of The Nigerian Capital Market Since Deregulation In 1986., J. A. Babalola, M. A. Adegbite

Economic and Financial Review

The capital Market in Nigeria had been influenced by various factors which are associated with the level of development of the Nigerian economy. The paper discusses the development of the capital market with emphasis on the period since deregulation in 1986. The institutions that are crucial for the delivery of financial services in the market were analysed with focus on their evolution, performance and prospects. The. market in Nigeria was compared with other emerging markets with the conclusion that the market, remains shallow and without the expected variety that characterised markets in countries at similar level of development. The prospects …


Determinants Of Foreign Direct Investment (Fdi) In Nigeria: An Empirical Investigation., H. A. Salako, B. S. Adebusuyi Mar 2001

Determinants Of Foreign Direct Investment (Fdi) In Nigeria: An Empirical Investigation., H. A. Salako, B. S. Adebusuyi

Economic and Financial Review

This paper examines, empirically, the determinants of foreign direct investment (FDI) in Nigeria. The results indicate that exchange rate, government capital investment in infrastructure and credit to the domestic economy are some of the main factors that influence FDI flow to Nigeria. In particular, it shows that the ratio of external debt to GDP (Debt/GDP) was an important determinant of the flow of foreign investment. FDI was also observed to be sensitive to domestic interest rate and real per capita income. The study also highlights the need to maintain political stability in order to attract FDI.


Corruption And Development (Susan Rose-Ackerman, The World Bank Conference On Development Economics, 1997, Pp. 35 - 57, April 1998), A.I. Ango Mar 1999

Corruption And Development (Susan Rose-Ackerman, The World Bank Conference On Development Economics, 1997, Pp. 35 - 57, April 1998), A.I. Ango

Economic and Financial Review

A review of the paper "corruption and development". The author examined the issue of corruption and its effect on development with special reference to the developing countries where it is more pervasive and is one of the major factors responsible for the stunt growth of their economies. Also, the role played by the World Bank in assisting any anticorruption effort by various governments and international organisations was highlighted. The paper is broadly divided into four major sub-headings viz: costs and causes of conuption; corruption and the organization of government; reform programs and conclusion.


The Financial Sector In Africa; Overview And Reforms In Economics Adjustment Programmes., S.E. Omoruyi Jun 1991

The Financial Sector In Africa; Overview And Reforms In Economics Adjustment Programmes., S.E. Omoruyi

Economic and Financial Review

This paper has reviewed the structure of the financial sector in Africa articulated the problems and discussed the nature of reforms adopted to overcome them. The overview shows that commercial and merchant banks and specialised lending institutions are key .financial intermediaries in Africa. including stock exchanges and.finance houses. However, the development of the institutions varies from country to country, depending on the dynamism of central banks and sophistication of economic agents. Although the financial sector in Africa has recorded notable progress, it has nonetheless been afflicted with a number of problems. The problems have arisen mainly from inhibitive policy environment, …


Developments In The External Sector During The Second Quarter Of 1990, Sector Division External Jun 1990

Developments In The External Sector During The Second Quarter Of 1990, Sector Division External

Economic and Financial Review

This contains report on the developments in the external sector during the second quarter of 1990 in Nigeria.


The Development Of Nigerian Agriculture: Suggestions For The Future: A Review, E.D. Balogun Mar 1988

The Development Of Nigerian Agriculture: Suggestions For The Future: A Review, E.D. Balogun

Economic and Financial Review

This is a review of the book "The Development of Nigerian Agriculture: suggestions for the Future", it highlights developments on Nigerian agriculture.


Developments In Nigerias' External Sector During The Third Quarter Of 1986., Department Research Dec 1986

Developments In Nigerias' External Sector During The Third Quarter Of 1986., Department Research

Economic and Financial Review

A review of the developments in Nigeria's external sector during the third quarter of 1986.