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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
The Role Of Discount Houses In Monetary Policy Implementation., B. A. Oke
The Role Of Discount Houses In Monetary Policy Implementation., B. A. Oke
Bullion
Discount houses are financial institutions which shift funds between the central bank on one hand and licensed banks on the other hand, through the provision of discounting and re-discounting of eligible short-term securities such as treasury bills and certificates and commercial bills. The purpose of this paper therefore is to highlight the role of discount houses in monetary policy implementation. Part I discusses the assets structure a d functions of discount houses. Part II discusses the role of discount houses in monetary policy implementation. Part II highlights the relationship between a central bank and discount houses while Part IV focuses …
The Need For Discount Houses In Nigeria., O S. Oduyemi
The Need For Discount Houses In Nigeria., O S. Oduyemi
Bullion
Given the rapid expansion of Nigerian economy and the growth in government activities, discount houses in Nigeria will not only have busy schedules but will also be lucrative. The paper discusses the antecedents for the establishment of discount houses in Nigeria as well as their functions. To facilitate the presentation, the paper is divided into three parts. Part I highlights the role of discount houses and their functions. Part II discuss the rationale for establishing discount houses in Nigeria. The paper ends in part III which contains a discussion on prospects of discount houses in Nigeria as well as a …
Nigerian Exchange Rate Administration Under The Structural Adjustment Programme., E A. Owolabi
Nigerian Exchange Rate Administration Under The Structural Adjustment Programme., E A. Owolabi
Bullion
This paper has been concerned with describing the administration of the naira exchange rate primarily under the on-going Structural Adjustment Programme (SAP). The aim of this paper is to briefly review the administration of Nigeria's exchange rate policy since inception of the market- determined exchange rate system. The discussion is organized in four main parts. Part I, exchange rate administration before the introduction of Structural Adjustment Programme (SAP) in July 1986 is briefly reviewed to provide the necessary background for adopting the market-determined system under SAP. Part II is devoted to the analysis of the structure of the foreign exchange …
Indirect Monetary Control In Nigeria: Problems And Prospects, A. Ahmed
Indirect Monetary Control In Nigeria: Problems And Prospects, A. Ahmed
Bullion
A speech delivered at the Annual Dinner of the Chartered Institute of Bankers of Nigeria by the Governor of Central Bank of Nigeria, Ahmed, A. on the proposal by the Federal Government to shift the technique of monetary credit management from the imposition of credit ceilings on banks to the use of market based instruments.
Indirect Monetary Control: What It Means And How Nigeria Is Moving Towards It., J. A. Olekah
Indirect Monetary Control: What It Means And How Nigeria Is Moving Towards It., J. A. Olekah
Bullion
This paper examines what indirect monetary control is, and how Nigeria is moving towards it. The first section of the paper explained indirect monetary control as the techniques of controlling money supply through manipulation of the monetary base which comprises of total bank reserves plus currency in the hands of the non-bank public.
A Review Of Monetary And Credit Policy Guidelines For 1992, S N. Ibeabuchi
A Review Of Monetary And Credit Policy Guidelines For 1992, S N. Ibeabuchi
Bullion
This paper reviews the current monetary policy measures adopted by the monetary authorities in 1992 in the light of prevailing circumstances. To this end, the paper is divided into three parts. Part one deals briefly with the objectives and instruments of Monetary Policy while Part two examines the background to current monetary measures in Nigeria. Part three reviews the current monetary and credit policy guidelines.
Exchange Rates Developments In Nigeria, R A. Olukole
Exchange Rates Developments In Nigeria, R A. Olukole
Bullion
This paper discusses the determinants and behaviour of exchange rates. It also examines the exchange rate policies in Nigeria from 1960 - 1991. The pricing methodology was examined with an overview of the Naira exchange rate movements from 1986 - 1991. The paper is divided into four parts. Part I highlights the determinants and behaviour of exchange rates. Part II discusses the exchange rate policies in Nigeria from 1986 - 1991. Part III focuses on the pricing methodology with an overview of the Naira exchange rate movements from 1986-1991. Part IV examines the Parallel market and the Bureau DE Change …