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Articles 1 - 22 of 22
Full-Text Articles in Social and Behavioral Sciences
Keynote Address, Godwin I. Emefiele Con
Keynote Address, Godwin I. Emefiele Con
Economic and Financial Review
This is the keynote address delivered by the Governor of Central Bank of Nigeria at the Annual Executive Seminar of the Central Bank of Nigeria, holding in Abuja, the Federal Capital Territory. The theme of the Seminar was "Digitisation of Money and Monetary Policy in Nigeria.”
Special Remarks, Kingsley Obiora
Special Remarks, Kingsley Obiora
Economic and Financial Review
This is the special remark delivered by the Deputy Governor, Economic Policy at the 28th edition of the CBN Executive Seminar, jointly organised by the Research and Capacity Development Departments for Executive staff of the Bank. The theme of the Seminar is, “Digitalisation of Money and Monetary Policy in Nigeria”
Welcome Address, Michael A. Adebiyi
Welcome Address, Michael A. Adebiyi
Economic and Financial Review
This is the Welcome Address presented by the Director of Research, Central Bank of Nigeria during the 28th Edition of the CBN Executive Seminar held at Transcorp Hilton, Abuja. The year’s theme: ‘Digitalisation of Money and Monetary Policy in Nigeria’ was motivated by the need to keep pace with monetary policy design and implementation in the digital age.
Goodwill Message, Muhammad M. Bello
Goodwill Message, Muhammad M. Bello
Economic and Financial Review
This is the keynote address delivered by the Honourable Minister of Federal Capital Territory during the Central Bank of Nigeria Executive Seminar, taking place in the city of Abuja. The theme of the seminar was “The Digitisation of Money and Monetary Policy in Nigeria."
The Evolution Of Money And The Changing Role Of Central Banks In The Digital Age, Uche Uwaleke
The Evolution Of Money And The Changing Role Of Central Banks In The Digital Age, Uche Uwaleke
Economic and Financial Review
As a medium of exchange, money has evolved throughout the ages from barter system to fiat money issued by central banks. The digital age has ushered in new realities for central banks, transforming the nature of money and challenging monetary authorities to new roles required to implement their core mandate of maintaining monetary and price stability. The main purpose of this paper is to examine the changing roles of central banks occasioned by the challenges posed by digitalisation. Based on available literature surveyed, this changing role is principally evident in the recent move by most central banks to issue their …
Is Inflation Always And Everywhere A Monetary Phenomenon? Evidence From Nigeria, J. K. Achua, H. Nagado, I. I. Okafor
Is Inflation Always And Everywhere A Monetary Phenomenon? Evidence From Nigeria, J. K. Achua, H. Nagado, I. I. Okafor
Economic and Financial Review
Is inflation always a monetary phenomenon in Nigeria? Autoregressive Distributed Lag (ARDL) results of Nigerian data, spanning 2005q1-2017q4, indicate that changes in money supply have no long-run significant impact on domestic price level behaviour. The results, however, reveal that non-monetary factors: import, global oil price, exchange rate, inflation expectation, fuel pump price and monetary policy rate significantly upsurge inflationary pressure. Conversely, household income (the shadow of unemployment) significantly dampens inflationary pressure while fiscal deficits moderate the pressure. The findings establish the dominance of structural and fiscal dynamics in the inflation equation of the economy.
Determinants Of Income Velocity Of Money In Nigeria, Peter N. Okafor, Tersoo S. Shitile, Danladi Osude, Chidi C. Ihediwa, Olamide H. Owolabi, Verse C. Shom, Emmanuel T. Agbadaola
Determinants Of Income Velocity Of Money In Nigeria, Peter N. Okafor, Tersoo S. Shitile, Danladi Osude, Chidi C. Ihediwa, Olamide H. Owolabi, Verse C. Shom, Emmanuel T. Agbadaola
Economic and Financial Review
In this paper, the authors set out to empirically investigate the determinants of income velocity of money in Nigeria, using quarterly time series from 1985:1 to 2012:4. The paper confirms a positive and statistically significant relationship between the growth of income and the velocity of money, which supports the quantity theory of money. Interest rate also has a positive and significant relationship with the income velocity of money. The financial sector development variable adopted, growth rate of stock market capitalization, has a negative relationship with the income velocity of money. The variance decomposition and impulse response results identified inflation rate …
Does Money Matter? By Laurence H. Meyer In Federal Reserve Bank Of St. Louis Review Sept./Oct. 2001: A Review, Gloria A. Joseph-Raji
Does Money Matter? By Laurence H. Meyer In Federal Reserve Bank Of St. Louis Review Sept./Oct. 2001: A Review, Gloria A. Joseph-Raji
Economic and Financial Review
The major objective of the paper was to assess the influence of money and the role of monetarism in shaping the current thinking about macroeconomic modeling and the conduct of Monetary Policy in the United States. The author opined that the monetarist idea that Monetary Policy has responsibility for inflation was now conventional wisdom.
Developments In Money, Credit And Banking In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn
Developments In Money, Credit And Banking In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn
Economic and Financial Review
The growth of the money stock maintained the high tempo observed since the third quarter. The acceleration was influenced by the sharp rise in foreign assets ( net) of the banking system and the increase in credit (net) to the domestic economy. Credit (net) to the government sector rose sharply while merchant banks' credit to the private sector was excessive. The expansion in the number and activities of commercial and merchant banks continued into the fourth quarter. The banks' assets and deposit liabilities increased substantially. The overall liquidity of the commercial banks increased while that of the merchant banks decreased …
Statistics (December 1990), Central Bank Of Nigeria Cbn
Statistics (December 1990), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in December 1990
Statistics (June 1989), Central Bank Of Nigeria Cbn
Statistics (June 1989), Central Bank Of Nigeria Cbn
Economic and Financial Review
This a statistical representation of the economic activities in Nigeria in June 1989
Statistics, December 1987, Central Bank Of Nigeria Cbn
Statistics, December 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of the economic activities in Nigeria in December, 1987
Statistics (June 1987), Central Bank Of Nigeria Cbn
Statistics (June 1987), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in June 1987
Statistics (March 1987), Central Bank Of Nigeria Cbn
Statistics (March 1987), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in March, 1987
Statistical Section (June 1986), Central Bank Of Nigeria Cbn
Statistical Section (June 1986), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in June 1986
Statistical Section (December 1984), Central Bank Of Nigeria Cbn
Statistical Section (December 1984), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria during the fourth quarter of 1984
Statistical Section (December 1983), Central Bank Of Nigeria Cbn
Statistical Section (December 1983), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in 1983
Statistical Section (March 1983), Central Bank Of Nigeria Cbn
Statistical Section (March 1983), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria during the first quarter of 1983
Statistical Section (June 1982), Central Bank Of Nigeria Cbn
Statistical Section (June 1982), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of the economic activities in Nigeria in June 1982
Statistical Section (June 1980), Central Bank Of Nigeria Cbn
Statistical Section (June 1980), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of the economic activities in Nigeria in June 1980
Statistical Section (June 1978), Central Bank Of Nigeria Cbn
Statistical Section (June 1978), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is the statistical representation of the economic activities in Nigeria in June 1978
Statistical Section (June 1976), Central Bank Of Nigeria Cbn
Statistical Section (June 1976), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in June 1976