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Economics

2021

Central Bank of Nigeria

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Activity Series Of The Central Bank Of Nigeria's Development Finance Interventions, Xavier-Itam A. Okoh, George N. Ude Dec 2021

Activity Series Of The Central Bank Of Nigeria's Development Finance Interventions, Xavier-Itam A. Okoh, George N. Ude

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The Central Bank of Nigeria (CBN) aggresively pursues credit and interest rate policies to promote inclusive economic growth. Through this, it aims to expand availability, access, and affordability of financial capital for micro, small and medium enterprises (MSMEs) With a least 24 MSMEs financing programmes of its own, the Bank manages one of the largest suites of developmental programmes among central banks. This paper attempted to serialize and characterize these programmes, hence determine their activity status and discover patterns of implementation effort patronage, and responsiveness of target enterprises to available incentives. Applying Z-score and min-max methods of normalization and geometric …