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Economics

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Bullion

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Monetary Policy

Articles 1 - 9 of 9

Full-Text Articles in Social and Behavioral Sciences

Understanding Balance Of Payments And Its Link With Monetary Policy In Nigeria, Ocheuje Leonard Pius Jun 2021

Understanding Balance Of Payments And Its Link With Monetary Policy In Nigeria, Ocheuje Leonard Pius

Bullion

Developments in the balance of payments of any country is generally of interest to national policymakers, international investors, financial and economic analysts as well as international financial institutions. In recent times, Nigeria recorded persistent current account as well as overall BOP decits and these created discomfort among policy makers with regards to its sustainability and possible implications for the economy. This paper explores some of the major developments and trends in Nigeria's BOP as well as their interrelationship with other macroeconomic accounts. It also provided clarity to the structure and components of Nigeria's BOP statistics as compiled in line with …


Money And Inflation: Evaluating The Effectiveness Of Monetary Policy In Nigeria, Mbutor O. Mbutor, Okafor Ifeanyi Izuchukwu, Ameh Oguche Sunday Jun 2011

Money And Inflation: Evaluating The Effectiveness Of Monetary Policy In Nigeria, Mbutor O. Mbutor, Okafor Ifeanyi Izuchukwu, Ameh Oguche Sunday

Bullion

The paper establishes the relationship between monetary policy and inflation.


Fiscal Operations And The Efficacy Of Monetary Management In Nigeria, A. E. Idowu Mar 2010

Fiscal Operations And The Efficacy Of Monetary Management In Nigeria, A. E. Idowu

Bullion

This paper underscores the need for predictable fiscal operations at all levels of government as a means of ensuring effective and efficient monetary management in the Nigeria federation. Following the introduction, section two discusses conceptual issues and the review of literature, section three discusses government's fiscal operations and challenges to monetary management, while section four examines fiscal reform and its impact on monetary management. Section five contains suggestion on the way forward and some concluding remarks.


Central Bank Communication And Monetary Policy: The Case Of Central Bank Of Nigeria, Egbuna N. E. Dec 2008

Central Bank Communication And Monetary Policy: The Case Of Central Bank Of Nigeria, Egbuna N. E.

Bullion

The importance of concise communication in monetary policy making cannot be over emphasised . A g o o d communication of policy definitely strengthens the institutional independence of central banks and enhances the effectiveness of monetary policy. However, no one single method could fit all when it comes to designing good communication strategies because central banks face different constraints as they try to fine-tune their messages. With current reforms and financial liberalization, there is added impetus for increased communication between the Central Bank of Nigeria (CBN), market operators, stakeholders and the public in general. Monetary policy needs to be explained …


Is Nigeria Ready For Inflation Targeting, Mbutor O. Mbutor Sep 2008

Is Nigeria Ready For Inflation Targeting, Mbutor O. Mbutor

Bullion

Inflation Targeting as a framework for monetary policy implementation simply describes a policy framework in which central banks accept and announce the realization of certain forecast targets of inflation, over a given time period, as the measure policy anchor and are accountable for deviations from actual inflation from the said target. The primary goal of the paper was to expose the prospects and challenges facing the implementation of inflation targeting in Nigeria. To put the subject in proper perspective, common terminologies often used in discussing lT were defined. The preconditions for effective lT were also highlighted. The paper has argued …


Keynote Address At The Policy Seminar On The 2004 Federal Government Budget., Sanusi J. O Dr. Jun 2004

Keynote Address At The Policy Seminar On The 2004 Federal Government Budget., Sanusi J. O Dr.

Bullion

This is a Keynote address delivered at the Policy Seminar on the 2004 Federal Government Budget, jointly organized by the Central Bank of Nigeria (CBN), the National Centre for Economic Management and Administration (NCEMA) and the Nigerian Economic Society (NES). The seminar is the ninth in the series of the inter-agency collaborative effort, aimed at providing a forum for major stake-holders in the economy to critically analyse and evaluate the adequacy, or otherwise of the current fiscal and monetary policy measures, in achieving the central objectives of the Federal Government.


1995 Monetary Policy- Press Briefing, Paul A. Ogwuma Dr. Mar 1995

1995 Monetary Policy- Press Briefing, Paul A. Ogwuma Dr.

Bullion

This is press briefing by the Governor of Central Bank of Nigeria. It is aimed at providing detailed elaboration on the policy thrust and modus operandi of the monetary and foreign exchange policy measures for 1995.


Monetary And Banking Policies In The 1995 Federal Government Budget., M. O. Ojo Mar 1995

Monetary And Banking Policies In The 1995 Federal Government Budget., M. O. Ojo

Bullion

The focus of this paper is on the role of monetary policy in the budget. It outlined and analyse the monetary programme which forms part of the macroeconomies policy framework of the Budget.


Monetary And Policy Guidelines For 1993 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria Mar 1993

Monetary And Policy Guidelines For 1993 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria

Bullion

The paper contains Central Bank of Nigeria guidelines on major Economic Indicators for the year, 1993.