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Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
The Nigerian Economy, Monetary Policy And Covid-19: An Unholy Trinity, Polycarp Ishaku Mikloda Ph.D
The Nigerian Economy, Monetary Policy And Covid-19: An Unholy Trinity, Polycarp Ishaku Mikloda Ph.D
Bullion
This article presents the dynamics of an unholy trinity involving the interplay of economic forces in the thick of a crippling health crisis with monetary policy to the rescue through activation of relevant instruments. In response to the outbreak, the Monetary Policy Committee announced several policy measures which include granting of extension of loan moratorium on principal repayments, interest rate reduction on all intervention loan facilities from 9% to 5%, establishment of a N50bn targeted credit facility to household and MSMEs and regulatory forbearance to banks and credit support to the healthcare industry among others. it is worthy to state …
Msme Sector: The New Paradigm For Nigeria's Economic Development, Adewale M. Mustapha
Msme Sector: The New Paradigm For Nigeria's Economic Development, Adewale M. Mustapha
Bullion
MSMEs play a major role in most economies, especially in developing countries. This paper examines the opportunity provided by FSS2020 to enhance development of the MSME sector in Nigeria. The paper begins by examining the concept of FSS2O2O strategy for the MSME sector with specific focus on the six (6) Strategic Objectives and three (3) Transformational Programs to drive the development of the sector. These strategic objectives and the respective initiatives have a high multiplier effect on the entire Nigeria financial system. The six objectives ore: Advocate and Work with the government to Drive SME development, 2. Promote Financial Reporting …
Overview Of Non-Oil Sector In Nigeria., Uwatt B. Uwatt
Overview Of Non-Oil Sector In Nigeria., Uwatt B. Uwatt
Bullion
This paper is to enhance the understanding of the non-oil sector in Nigeria, The underlying need is the emphasis on why the sector should be embraced as the new economic bride, not only by the government, but by oil and sundry, to fast-track economic recovery and enhance sustainable growth.
Promoting Non-Oil Sector Financing In Nigeria: The Role Of The Media., Ugochukwu A. Okoroafor
Promoting Non-Oil Sector Financing In Nigeria: The Role Of The Media., Ugochukwu A. Okoroafor
Bullion
ln the case of Nigeria, the dominance of earnings from crude oil as a source of external revenue become pronounced in the wake of the positive oil shocks of the 1970s as the Organisation of Petroleum Exporting Countries (OPEC) began to effectively exert its powers as a cartel. In the light of a few developments in the sector, it is clear that the oil sector can no longer power the economy of Nigeria. As a result the non-oil and the private sector are required to ensure that Nigeria develops well-rounded and sustainable economic outcomes.
The Place Of Collateral Registry In Credit Delivery Services, Muhammad Mainasara
The Place Of Collateral Registry In Credit Delivery Services, Muhammad Mainasara
Bullion
Micro, small and medium enterprises (MSMEs) are the main engines of economic growth. The sub-sector constitutes on integral part of the economy, providing products and services to Nigeria's teeming population, yet they are grossly underfunded. The huge financing gap, which characterized the MSMES, inhibits their development, thus having a telling effect on the economy.
Understanding The Bretton Woods Institutions (Bwis) With Particular Reference To The International Monetary Fund (Imf), Adeniyi O. Adenuga, Osaretin Evbuomwan
Understanding The Bretton Woods Institutions (Bwis) With Particular Reference To The International Monetary Fund (Imf), Adeniyi O. Adenuga, Osaretin Evbuomwan
Bullion
The objective of this paper is to examine and discuss the workings of the Bretton Woods institution with particular focus on the international Monetary Fund (lMF). This is to enhance understanding of the expanded role of the lMF. The paper is divided into five parts. First is the introduction, Part ll, explains the IMF's role in the world economy, while Part lll presents relationships between the Fund and its members, highlighting member obligation to the Fund and Fund's obligation to its members. ln Port lV, the expanded roles of the Fund are discussed, while the conclusion is contained in Part …
Restructuring The Nigerian Financial System For Economic Resuscitation., S. B Falegan
Restructuring The Nigerian Financial System For Economic Resuscitation., S. B Falegan
Bullion
The article provides a detailed analysis on the stages of restructuring the Nigerian Financial System for Economic Resuscitation during the period of 1985-1993 .
The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji
The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji
Bullion
The text of Speech delivered at the 1992 Annual Dinner of the Chartered Institute of Bankers of Nigeria at L'Hotel Eko Meridien, Victoria Island, Lagos, on 13th November, 1992.
The People's Bank Of Nigeria: Review And Update, J. A. Babalola
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.