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Miscellaneous Matters And Prudential Guidelines, Ebhodaghe John Dec 1991

Miscellaneous Matters And Prudential Guidelines, Ebhodaghe John

Bullion

The banking industry is generally considered to be more regulated thon any other sector of the economy, This is largely due to the crucial role of financial intermediations played by the operators ln the industry. The review of the bonking lows particularly in on era of deregulation should therefore be seen as on important effort to enhance the efficiency, soundness and stability of the banking system. The regulatory and supervisory authorities are committed to safe and sound banking system and would therefore ensure compliance with all laws and regulations. lt would be seen from sections 46 mentioned above and other …


Opening Address On The Central Bank Decree 1991 And Banks And Other Financial Institutions Decree, 1991, A. Ahmed Dec 1991

Opening Address On The Central Bank Decree 1991 And Banks And Other Financial Institutions Decree, 1991, A. Ahmed

Bullion

Opening address by the Central Bank Governor, Alhaji A. Ahmed at the Workshop on the Central Bank Decree 1991 and Banks and Other Financial Institutions Decree, 1991


The Relation Of Cbn With Other Banks Under The New Cbn Decree No 24, Sadiq M. A. Dec 1991

The Relation Of Cbn With Other Banks Under The New Cbn Decree No 24, Sadiq M. A.

Bullion

This paper examines the work of Central Bank of Nigeria Decree No. 24 with relation with other financial institution. The study provided a window of assessment on some of functions of the bank, with a view to proffer a seamless solution to some of the impediments.


A General Review Of Banks And Other Financial Institutions Decree No 25 Of 1991, Shoroye G. Dec 1991

A General Review Of Banks And Other Financial Institutions Decree No 25 Of 1991, Shoroye G.

Bullion

This paper examines the activities of the Central Bank of Nigeria in relation to assigned function, duties and responsibilities to other financial Institution. it also evaluates legal responsibility of the board and it advisory role to ensuring monetary policy are checks.


Banking Operations And Emerging Monetary Policy Framework In Nigeria, Akatu A. P. Dec 1991

Banking Operations And Emerging Monetary Policy Framework In Nigeria, Akatu A. P.

Bullion

This paper presents an overview of the framework for the market oriented or indirect monetary control while the second examines the relevance provisions of Decree as it relates to that framework.


A Discourse On Regulation On Regulation And Supervision Of Other Financial Institutions, Obasohan O. G. Dec 1991

A Discourse On Regulation On Regulation And Supervision Of Other Financial Institutions, Obasohan O. G.

Bullion

A discourse on regulation and supervision of other financial institutions was an in-depth review of policy framework promulgated on the new Decree No. 2 1991, that empowered additional power to CBN to monitor other banks to ensuring monetary are manage head-on.


An Overview Of The Central Bank Of Nigeria Decree No. 24 1991, Ojo O. M. Dec 1991

An Overview Of The Central Bank Of Nigeria Decree No. 24 1991, Ojo O. M.

Bullion

This paper evaluates the effects of Decree No. 24 with relation to the core functional values of the bank to the economy.


Central Bank Of Nigeria Decree No. 24 Of 1991 And Banks And Other Financial Institutions Decree No. 25 1991, Bola Ajibola Oct 1991

Central Bank Of Nigeria Decree No. 24 Of 1991 And Banks And Other Financial Institutions Decree No. 25 1991, Bola Ajibola

Bullion

This is the keynote address delivered by the Honourable Attorney General of the Federation and Minister of Justice, on Central bank of Nigeria Decree No. 24 of 1991 and banks and other Financial Institutions Decree No. 25 1991.


Understanding Nigeria's Flow Of Funds Accounts, Odoko F. O. Sep 1991

Understanding Nigeria's Flow Of Funds Accounts, Odoko F. O.

Bullion

The describes the flow of funds system of accounts and also indicate its analytical uses including how a change in real activity has been financed, the forecasting of interest rates and the effects of economic policy changes. The major steps in the preparation of the accounts were outlined. ln particular, the author indicated that sectoring in FOF accounts is institutionally defined. Some of the basic data are available only after a considerable delay, e.g., national accounts figures, while others have to be estimated (households) leading to residual errors, Nevertheless, the flow of funds system serves as a useful instrument even …


Adjustment Issues In Nigeria: Problems And Prospects, J. K. A. Olekah Sep 1991

Adjustment Issues In Nigeria: Problems And Prospects, J. K. A. Olekah

Bullion

This paper examines adjustment issues in Nigeria, with emphasis on identifying outstanding and emerging problems after SAP, ln achieving the above objective, the paper is divided into three ports as follows: Part I, discusses the main economic problems three years of Pre-SAP as well as analysing trends in major economic indicators and the factors underlying the trend, The main element and policy strategies of SAP are also examined in this part. Part ll analyses, three years of post-SAP with the view to highlighting outstanding and anticipated problems while Port lll is the prospects and concluding summary.


Government Industrial Policies In Respect Of Small And Medium Enterprises In Nigeria, K. M. Obitayo Sep 1991

Government Industrial Policies In Respect Of Small And Medium Enterprises In Nigeria, K. M. Obitayo

Bullion

The paper examines various government policies and their effects on the survival and growth of SMEs. It examines the concept of small or medium scale enterprise, what factors militate against their survival, growth and proliferation for which government policies have been formulated to address. The paper is structured broadly into four sections The first section gives an overview of the definition of SMEs, their characteristics and roles as well as recognised problems. Section ll discusses government policies for promoting SMEs. It reviews the monetary and fiscal policy measures adopted in respect of SMEs in Nigeria. Section lll appraises the impacts …


The Role Of The Central Bank Of Nigeria In Promoting Agricultural Production And Export Trade In Nigeria, I. G. Garba Jul 1991

The Role Of The Central Bank Of Nigeria In Promoting Agricultural Production And Export Trade In Nigeria, I. G. Garba

Bullion

The paper examines Central Bank of Nigeria’s (CBN) engagement in a variety of activities in the form of policies, programmes and project for the development of the Nigerian economy. ln particular, the promotion of agricultural production and export trade has been pursed to varying degrees using various policy instruments at its (CBN) disposal under changing national and international economic and political climate. The paper examine the development in these two key and complimentary activities and highlighting the changing economic situations. The prospects for the future are discussed based on the lessons of past experiences. The paper is rounded up with …


The People's Bank Of Nigeria: Review And Update, J. A. Babalola Jul 1991

The People's Bank Of Nigeria: Review And Update, J. A. Babalola

Bullion

The paper reviews the establishment of the People's Bank in Nigeria. The paper is divided into five sections, Section one gives background to the establishment of the People's Bonk in Nigeria, section two discusses the concept and operational features of the Bank, section three appraises the operations, section four looks at the likely problems the Bank may face, while Section five discuses the prospects and conclude the Paper.


Crowding-Out And Crowding-In Effects Of Policy Reforms In Developing Countries, Odozi A, Victor Jun 1991

Crowding-Out And Crowding-In Effects Of Policy Reforms In Developing Countries, Odozi A, Victor

Bullion

This paper discusses the interplay of crowding-out and crowding-in effects of policy reforms in the context of growth-oriented adjustment programs in developing countries, and to highlight some of the policy implications. A discussion of the nature and determinants of the two phenomena in a developing-country content is given in Section ll. Section lll presents some conclusions and practical implications of the analysis.


The Role Of Central Bank Of Nigeria In The Relation To The Banking And Insurance Industries, Victor A. Odozi Jun 1991

The Role Of Central Bank Of Nigeria In The Relation To The Banking And Insurance Industries, Victor A. Odozi

Bullion

The financial services industry is on the threshold of a revolution. The advent of the Structural Adjustment Programme (SAP) in Mid-1986, with its underlying philosophy of liberalisation and deregulation, has brought about a proliferation of banks and non-bank financial institutions. Competition has intensified, there has been increased innovation and sophistication in product design and delivery. While the new changes have enhanced the opportunities for business and profits, they have also engendered challenges and problems calling for policy action. A number of banks arc suffering various degrees of distress manifested in liquidity problems and insolvency. The paper is in four parts: …


Federal Government Policies In Respect Of Agricultural Finance, Godwill Ukpong, Usman Malgwi Jun 1991

Federal Government Policies In Respect Of Agricultural Finance, Godwill Ukpong, Usman Malgwi

Bullion

The objective of this paper is to identify some of the major policies pursued by government to increase agricultural output, with particular reference to agricultural finance and assess their effectiveness in terms of expectations and set targets. For ease of presentation, the paper is divided into three parts. Part 1 reviews past and current government policies on agricultural financing. Part 11 examines some specific measures taken and assesses their degree of effectiveness. Part 111 provides a Summary and Concluding remarks.


Management Of The External Debt Of Nigeria, R. A. Olukale Jun 1991

Management Of The External Debt Of Nigeria, R. A. Olukale

Bullion

Debt management primarily involves five basic functions: policy, regulatory, operational, accounting, and statistical analysis. The policy involves coordination among the agencies with prime responsibility for the economic management of a country in the formulation of national debt policies and strategies. This paper is arranged in six parts. Part I is an over-view of global debts in selected developed and developing economies. Part ll addresses the origin and structure of Nigeria's external debt. Part lll discusses the causative factors of Nigeria's external debt and her external borrowing policy. Part lV highlights the debt relief proposals and the Nigeria's external debt profile. …


The Role Of The Banking System In The Management Of The Economy, Philips Toyin Jun 1991

The Role Of The Banking System In The Management Of The Economy, Philips Toyin

Bullion

The objective of this paper is to examine and highlight the role of the banking system in the management of the economy, bearing in mind the lead role which financial capital plays in the development process. The paper is thus divided into three parts. Part I describes the evolution and growth of the banking system within the overall financial system. Part ll focuses on the role of the banking system in economic management while Part lll provides the summary and conclusion.


Perspective On Medium To Long-Term Outlook For The Nigerian Economy, Ahmed A. Alhaji Mar 1991

Perspective On Medium To Long-Term Outlook For The Nigerian Economy, Ahmed A. Alhaji

Bullion

"Perspectives on Medium to Long - term Outlook for the Nigerian Economy". The topic has been designed as a new slant to the familiar subject of Structural Adjustment Programme (SAP). The article provides insight to some of the causes of the economic crises in Nigeria and how it can be avoided.


Backward Integration And Foreign Exchange Conservation, Usman. Mallam Lsmaila Mar 1991

Backward Integration And Foreign Exchange Conservation, Usman. Mallam Lsmaila

Bullion

Agricultural import substitution can play an important role in foreign exchange conservation in Nigeria since a significant proportion of local industries process agricultural raw materials, which are usually in short supply. This study examines some of the benefits associated with agricultural produce in boosting economic growth and enhancing external reserves.


The President's Address To The Chief Executives Of The Organised Private Sector On The 1991 Budget And Other Related Matters, Ibrahim Badamasi Babangida Mar 1991

The President's Address To The Chief Executives Of The Organised Private Sector On The 1991 Budget And Other Related Matters, Ibrahim Badamasi Babangida

Bullion

This was an address delivered by the formal President of Nigeria, His Excellency, Major General Ibrahim Badamasi Babangida. He addresses economic and financial related matters.


C.B.N. Monetary And Credit Policy: Concept, Administration And Guidelines For 1991, Onyido C. B, Mar 1991

C.B.N. Monetary And Credit Policy: Concept, Administration And Guidelines For 1991, Onyido C. B,

Bullion

This paper carries out a discussion of the application of the monetary and credit poli.cy measures that are in force in the light of prevailing economic circumstances. The paper is divided into Five Parts. While Part One examines the concept, objectives and instruments of monetary policy, Part Two deals with monetary and credit policy administration in Nigeria. In Part Three, the policy stance under SAP is discussed and in Part Four, the monetary and credit policy measures for 1991 are reviewed. The final Part, Five, is the summary


Interest Rate Behaviour Since Deregulation, Oresotu F. O. Mar 1991

Interest Rate Behaviour Since Deregulation, Oresotu F. O.

Bullion

This paper examines the effects of interest rates with reference to deregulation of various sector of the economy. The interest rates used in this part of the paper are the commercial bank rates. This bas not affected the analysis as the commercial bank rates are in general lower than those of the merchant banks.


Foreign Exchange Policy And Management, Olukole A. R. Mar 1991

Foreign Exchange Policy And Management, Olukole A. R.

Bullion

The interdependence of countries in terms of trade has grown so much that, perhaps, "no country can lay absolute claim on self-sufficiency in its resource requirements or lay absolute claim on a perfectly balanced supply of resource" . By extension, since resources are limited and scarce, the need for policy formulation and management of the resources be comes inevitable. Accordingly, Part 1 of this paper highlights the foreign currency management tools. Part II discusses the policies in external economies. Part Ill deals in details with the foreign currency policy in Nigeria while Part IV gives the conclusion.